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Old Posted Oct 21, 2019, 4:40 PM
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chris08876 chris08876 is offline
N, N-Dimethyltryptamine
 
Join Date: Jul 2013
Location: New Jersey - Somerset County
Posts: 29,065
It all starts from the top. I don't think increasing costs is the solution, but decreasing them all the while providing the environment to make developers profit. Developers want more units, especially if the market is there. We need to increase the FAR (would be nice if they got rid of it), increase zoning, and limit the power of the community to dictate and fight absurd things like height or complaining about the units being to high.

I am for affordable housing, and developers would be more inclined to build them if they can recoup the costs via market rate units. The caps we have on units or density are underwhelming for the city. We should have 1000-3000 unit towers sprouting like weeds, with affordable components.

It could be done. NYC is not aggressive enough with housing, and it all stems from the leadership.

If the city provides developers with the sandbox to build as they desire, and encourages high units to aid in the housing demand or pushes for initiatives, they will build it, but they can't be strangled doing so.
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