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  #81  
Old Posted Sep 8, 2014, 10:04 AM
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De Blasio administration: affordable housing is “mandatory”



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The de Blasio administration has issued its most forceful stance yet on affordable housing, declaring that affordable units will be a requirement for any future real estate project requiring a zoning change. The mandate will apply to both neighborhood-wide redevelopments and individual projects, according to the New York Times.

“You can’t build one unit unless you build your share of affordable housing,” Carl Weisbrod, chairman of the City Planning Commission, told a packed room of landlords, planners and investors at a New York Law School breakfast on Friday. “You can’t build just market-rate housing, period.” Weisbrod’s comments are the clearest glimpse yet of what the city’s plan to create or preserve 200,000 affordable units in the next decade will mean in practice.

“There will be a minimum that the developer has to do without subsidy,” Weisbrod said, noting that affordable units would be a baseline requirement for new projects that require a zoning change. “It’s mandatory.”
==========================
http://therealdeal.com/blog/2014/09/....1tpfaXhf.dpuf
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  #82  
Old Posted Sep 8, 2014, 11:14 AM
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I think including affordable housing has been mandatory for projects going through the ULURP process (zoning change) for some time now. I guess a mayor hasn't stated this expectation as explicitly before.
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  #83  
Old Posted Sep 12, 2014, 2:33 PM
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Any word on East New York rezoning? Once again, this is another too much talk and nothing happening scenario. I bet they need another 2-4 months before unveiling their plans....

HSR anyone?
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  #84  
Old Posted Sep 15, 2014, 4:11 PM
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Trading Parking Lots for Affordable Housing

Read More: http://www.nytimes.com/2014/09/15/ar...-benefits.html

Quote:
.....

One number has been repeated over and over — 200,000 subsidized units, to be built or preserved over a decade. Mayor Bill de Blasio promised it, but has yet to explain how he’ll get there.

- Here are two other numbers: 9 x 18. In square feet, that’s 162, smaller than the most micro micro-apartment. --- It is the size of a typical parking space. That lowly slice of asphalt has prompted three young architects — Miriam Peterson, Sagi Golan and Nathan Rich, fellows at the Institute for Public Architecture — to come up with what could be an innovative way to ease the housing crisis.

- The “9 x 18” proposal capitalizes on an outdated and onerous zoning mandate that requires private developers to build parking spaces for new apartments in certain parts of the city. --- The regulation clashes with Vision Zero, the mayor’s new pedestrian safety initiative. It’s also bad for traffic and the environment. And it forces developers to spend what a study by the Furman Center at New York University estimates is up to $50,000 per parking space, money inevitably charged to consumers, increasing housing costs.

- The mandate should be abolished, but dropping it would clearly force city officials to collide with car-owning voters, especially those poorly served by mass transit. Instead, the “9 x 18” plan turns the zoning requirement into a kind of commodity.

- It calls for a new regulation that would tie the number of required parking spaces to the number and size of apartments, their affordability and proximity to mass transit. That last part — which promotes density and discourages cars around transit hubs — is critical. It’s a policy the city should have adopted long ago.

.....



Before:







After:


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  #85  
Old Posted Sep 23, 2014, 5:13 PM
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http://www.crainsnewyork.com/article...have-potential

Quote:
Two low-income, desolate corners of the city have potential to become major mixed-use communities, according to a pair of reports released Monday by the Urban Land Institute.

The reports, which stemmed from a pair of two-day panel discussions convened earlier this summer by ULI New York, the local chapter of the Washington D.C.-based think tank, outline short- and long-term goals to unlock development opportunities along the University Heights waterfront in the Bronx, and the Broadway Junction area in East New York, Brooklyn. The reports were sponsored by the Department of City Planning, and complemented two proposals for the areas that the city released earlier this year.
The University Heights waterfront along the Harlem River is currently a strip of mostly industrial properties and parking lots largely cut off from the rest of the Bronx neighborhood by both Metro-North railroad tracks and the Major Deegan Expressway.

Only a few circuitous pedestrian routes allow access there, but the report notes that the waterfront nevertheless has potential because it is next to a Metro-North stop and within walking distance of MTA Select Bus Service, the No. 4 subway farther inland and the No. 1 subway, which is across a bridge that connects the area to Inwood in Manhattan. But before any development can occur there, the perception of the waterfront needs to change.
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  #86  
Old Posted Sep 23, 2014, 7:40 PM
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The Bronx will become the next big borough to experience a boom. Its already accelerating development wise.
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  #87  
Old Posted Sep 25, 2014, 2:18 AM
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Proposed Rezoning:
============

The Bronx is getting a brand new neighborhood


Quote:
The city is planning a new neighborhood in the Bronx.

The Department of City Planning gave the Daily News an inside look, and a private tour, of the 57-block valley between the Grand Concourse and Highbridge that could soon be known as “Cromwell-Jerome.”

The area, over-burdened with auto shops, parking lots and self-storage facilities, is ripe for retail and residential development, according to a new study unveiled by the city on Tuesday.

“Because we’re in effect creating a new neighborhood here, and knitting together existing neighborhoods, we have to bring everyone together around that,” Carol Samol, the Bronx director of the Department of City Planning told The News. “We are proposing this approach because of the needs of this community.”

The city will involve multiple agencies in planning the new neighborhood, Samol said, keeping an eye on supporting economic development and affordable housing, improving parks and making the streets safer for pedestrians.

The project will support Mayor de Blasio’s housing plan, which calls for 200,000 affordable units to be built or preserved over the next decade.

A cornerstone of that blueprint is to encourage local involvement

Cromwell Ave., near 170th St., is a collection of auto shops and one-and-two-story buildings that could be the heart of a new residential and retail corridor, according to the Department of City Planning.

— and residents said they will be happy to oblige.


“This is definitely a bottom-up approach and we’re thrilled to see this,” said Jose Rodriguez, the district manager of Bronx Community Board 4, which has been pushing for an analysis of the under-utilized area for years.

The city hopes to work with area non-profits such as New Settlement in finding ways to add affordable housing to the neighborhood.
The low-lying valley at the heart of Cromwell-Jerome separates the towering Highbridge residential district from public transportation and could become a vibrant new neighborhood with the addition of affordable housing, jobs and open spaces.

The city will hold a series of community meetings for residents to weigh in about the future of the area, which will include the rezoning of the Jerome Ave. corridor.

Rezoning the strip of one-story shops under the elevated 4 train tracks, which is predominantly heavy commercial and light industrial, would allow for mixed-income residential development, as well as encourage retail activity, Rodriguez said.

“Community outreach will be a key component to this,” Rodriguez added. “It’s nice to see the city is listening.”
Rezoning Area:



===============================
http://www.nydailynews.com/new-york/...cle-1.1950347#
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  #88  
Old Posted Sep 25, 2014, 10:52 AM
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Another proposed rezoning. This, along with the zoning in the post above, all ties into the grand plan of affordable housing:

==================================

Yet Another Call to Redevelop Area Around Broadway Junction in East New York

Quote:
The area around the massive Broadway Junction transit hub in East New York is desolate and dangerous. For the neighborhood to flourish, it needs more people on the street, according to yet another report on the area calling for its redevelopment.

Specific recommendations include:

*Create a more pedestrian-friendly environment.
*Close some roads.
*Consolidate land ownership.
*Repurpose the empty Long Island Rail Road substation into manufacturing and office space for “creative” companies a la Industry City in Sunset Park.
*Spur mixed-use development.

Redevelopment of the area would help the de Blasio administration meet its affordable housing goals, according to the report. Crain’s was the first to write about the report and its recommendations.

The document was authored by Urban Land Institute New York, a chapter of a D.C. think tank, and sponsored by the New York City Department of City Planning. The report stemmed from ULINY panels held over the summer.
===============================
http://www.brownstoner.com/blog/2014...-frontpage-top
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  #89  
Old Posted Sep 26, 2014, 4:14 PM
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^That will improve that area so much.
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  #90  
Old Posted Sep 26, 2014, 4:22 PM
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I think that more areas will experience rezoning in the next couple of months, or really, during the course of his administration. Expect a lot of activity in terms of affordable housing. Last couple of weeks have seen a permit frenzy. Especially this week. The boom is stronger than ever.
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  #91  
Old Posted Sep 30, 2014, 10:46 AM
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De Blasio's housing surprise

Inclusionary zoning will drop subsidies, not jack up mandates.

Quote:
Mayor Bill de Blasio is not expected to require a massive increase in the percentage of affordable housing in new developments when he unveils his much-anticipated mandatory inclusionary housing proposal. Instead, his administration will attempt to boost the number of such units by asking developers to build near current benchmarks without subsidies, freeing up those subsidies for other projects.

When the policy is rolled out in a matter of months, the administration is more likely to hover around a 20% affordability requirement—a ratio associated with the current Inclusionary Housing Program—rather than increase it to 30% or more, as some have suggested.

"Mandatory inclusionary will set the floor for what a developer has to provide in order to build a building," said Alicia Glen, deputy mayor for housing and economic development. "So in some markets, that may be 15%, or it could be 20% or 25%—we haven't identified a number that will be required across all building types."

The logic: When more development potential is unlocked through broad or spot rezoning, a developer will have to provide a minimum number of affordable units to get a shovel in the ground. But instead of dramatically increasing the 20% mandate for the current optional program, the city hopes to create more housing by tackling another side of the equation, and no longer allowing builders to use subsidies to hit the numbers.


Developers who opt into the current program (which requires that at least 20% of units be affordable) receive a density bonus and are also allowed to tap into other programs and get property-tax abatements, tax-exempt bonds and low-income housing tax credits that can be sold to generate equity—limited resources that could otherwise be used to build additional affordable projects.

But under the new paradigm, a developer building on a rezoned lot with high market-rate rents, for example, might have to set aside a similar percentage of units as affordable, but won't get incentives to do so aside from the extra-size allowance.

"Then, if you want the tax exemption, you will have to do more," Ms. Glen said, though an as-of-right subsidy will need to be altered on the state level
==========================
http://www.crainsnewyork.com/article...using-surprise
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  #92  
Old Posted Oct 3, 2014, 11:15 PM
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Mayor to Ease Design, Architecture Review and Standards to Speed Affordable Housing



Quote:
We were alarmed to read the city plans to all but eliminate design and architecture review for affordable housing, and to allow affordable housing developers to self-certify, according to a story in Capital New York. Believe it or not, some of the most beautiful new buildings in Brooklyn are found in areas such as Bed Stuy, Ocean Hill, Brownsville, and East New York, and it’s all affordable housing. We’ve long wondered why that is and now we think we know. We point to award-winning buildings such as the Saratoga Community Center at 940 Hancock Street and Camba Gardens in Flatbush, above, designed by Harden + Van Arnam Architects.

So expect affordable housing to start looking like the cheapest schlock imaginable — probably not even as good as the dreck that usually gets built in Williamsburg, probably more like cement-block Fedders buildings.

Also, we’ve seen a lot of abuses of the self-certification process for much smaller scale, private developments. If they are flagrant enough, they are eventually punished (architect Robert Scarano and the overbuilt monstrosity at 1882 East 12th Street in Homecrest by architect Shlomo Wygoda are two examples), but we suspect that’s just the tip of the iceberg. So we’re skeptical this is a good approach to take with affordable housing, where the pressure to cut costs is likely to be even greater and the beneficiaries less able to defend their interests.
==============================
http://www.brownstoner.com/blog/2014...-frontpage-top
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  #93  
Old Posted Oct 6, 2014, 12:35 AM
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Originally Posted by chris08876 View Post
Mayor to Ease Design, Architecture Review and Standards to Speed Affordable Housing
Oh great.

De Blasio is a moron. I miss Bloomberg terribly.
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  #94  
Old Posted Oct 8, 2014, 11:41 AM
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While I dislike DeBlasio and his low esteem for design, the article misinterpreted the initiative. Here's a comment on Brownstoner from a designer helped build the building pictured above, CAMBA Gardens:

http://www.brownstoner.com/blog/2014...-frontpage-top

As the architect for CAMBA Gardens mentioned and featured in the photograph, thank you for the compliment on our work. I’d also like to comment on the article and some of the other comments. Unfortunately it appears that the change in HPD review policy will (for now at least) only apply to inclusionary housing, not supportive and affordable housing that my firm specializes in. This change in policy would be very welcome from our perspective. HPD’s cumbersome design review process does not enhance design, it just slows the process down and in some cases results in bad design, not good design. In fact, we had to argue strenuously with HPD’s design review architects that the copper panels we used at CAMBA Gardens would work within the budget — and we often have to fight for facade and unique interior elements that add to the design of our buildings. Beautiful design (interior and exterior) is a key element in all of our buildings and in all of the supportive housing that is built in NYC. That’s because the non-profit developers who are our clients, care about design and know that good buildings contribute to the community and make communities more likely to support these projects. Most importantly, the residents of these buildings (many of whom are formerly homeless) respond positively to good design as well and take pride in their home.
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  #95  
Old Posted Oct 22, 2014, 3:04 PM
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Pretty interesting comparisons:


====================

Affordable housing snapshot: NYC vs. the world


ULI panelists discuss how the Big Apple's policies compare to London, HK, SF

Quote:
New York

With affordable housing a central focus of his campaign, and now his administration, Mayor Bill De Blasio has pledged to build or preserve 200,000 affordable housing units over 10 years. That’s roughly 8,000 a year in new construction. The administration also wants to “shore up and preserve” 165,000 units of public (city-owned) housing, said Been, who before taking the City Hall job was the director of NYU’s Furman Center.

There are 1 million New Yorkers that are considered “very low or extremely low income” – that is, having income up to $42,000 for a family of four – but just 400,000 housing units available to them, Been said. HPD is looking to shave 25 percent off the time it takes developers to clear the city’s regulatory hurdles to save them money, she added.

Subsidies remain the only solution to the city’s affordable housing drought, said Rose, whose firm is building the East Harlem Center for Living and Learning on 104th Street and Second Avenue, which will have 89 affordable housing units, as well as BAM North II in Downtown Brooklyn, which will have 42 affordable units.

San Francisco

The city by the bay’s Mayor Ed Lee has pledged 30,000 new housing units by 2020, or 6,000 new apartments each year for the next five years. Of them, 1,500 units a year would be affordable in a city where the average two-bedroom rents for $4,200 a month – a figure which less than 20 percent of the city’s residents can afford, according to Daniel Safier, president of San Francisco-based real estate investment firm Prado Group. There are about 25,000 units overall in the pipeline.

London

Last year, Mayor Boris Johnson laid out a strategic goal to create 42,000 new housing units a year, including 17,000 subsidized units. Like New York, foreign and local investors are likely to play a big part: “Investors in the U.K. are desperate to invest in the rental sector,” said Andy Martin, senior partner at London-based brokerage Strutt & Parker.

Hong Kong

In Hong Kong, $2 million may get you a 600 square foot apartment.

Hong Kong’s housing supply target is 470,000 units in the next 10 years, with about 60 percent of them public housing. That amounts to about 20,000 public housing units a year and 8,000 private housing units a year. Currently, there are more than 200,000 names on Hong Kong’s waiting list for public housing, half of them recent graduates, said Dr. Sujata Govada, managing director of UDP International. A lesson for others based on what’s worked in Hong Kong? “Don’t shy away from density,” she said.
===============================
http://therealdeal.com/blog/2014/10/....uHpwcdC6.dpuf
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  #96  
Old Posted Dec 4, 2014, 6:22 PM
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Brooklyn Worst in U.S. for Home Affordability



Quote:
One in five U.S. housing markets are now less affordable than their historic average as price gains outpace income growth from New York to San Francisco.

Of the 475 counties analyzed by RealtyTrac through October, 98 areas weren’t as affordable compared with the average level for the period starting in January 2000, the Irvine, California-based data company said in a report today. Brooklyn, New York, where a resident would need to devote 98 percent of the median income to afford the payment on a median-priced home of $615,000, was the least-affordable market, followed by San Francisco and Manhattan.

Investors and foreign buyers have helped drive up home prices in high-cost markets, keeping many residents locked into rentals, where costs also have been rising. Prices in 20 U.S. cities climbed 4.9 percent in the year through September, the S&P/Case-Shiller index shows. Across the country, values have gained 25 percent since their February 2012 bottom.

“Incomes have not grown nearly as fast as home prices” in the regions where affordability declined, Daren Blomquist, vice president at RealtyTrac, said in an interview. “That disconnected home-price growth has been driven by investors and other cash buyers who aren’t as constrained by income.”

As a result, many markets are out of reach for traditional buyers, he said.

Los Angeles and Orange County in California and the Houston, Dallas and Boston regions are among the 98 areas where homes were less affordable than the historic average, RealtyTrac said. The company based its calculations on the median household income required to make a monthly payment for a median-priced home from the beginning of 2000 through October, using a 10 percent down payment and the average 30-year fixed mortgage rate for each month.
====================================
http://www.bloomberg.com/news/2014-1...rdability.html
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  #97  
Old Posted Jan 16, 2015, 3:39 PM
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http://therealdeal.com/blog/2015/01/...goals-in-2014/

City beat its affordable housing goals in 2014
There were 17,300 units built or preserved last year



January 16, 2015


Quote:
Mayor Bill de Blasio’s administration built or preserved 17,300 units of affordable housing in 2014. That figure represents about 8.6 percent of his overall 200,000-unit goal, and exceeds the city’s projection of 16,000 units for 2014.

Last year, the city preserved 11,185 affordable apartments and financed the creation of 6,191 new units, according to Crain’s. The mayor announced the numbers during a press conference in Brooklyn on Thursday.

Of the 17,300 units that were created and preserved in 2014, about four percent were affordable to “extremely low-income families,” who earn less than $25,150 per year for a family of four. Most of the apartments went to those families who make between $41,951 and $67,120 per year.

About 1,300 more units than predicted were added in 2014. The city is looking to preserve and create roughly 20,000 units per year. “It is a muscular plan,” the mayor said, according to Crain’s. “It is a plan that sees a problem and gets in the middle of it, rather than just watching as affordable building after affordable building slowly fades away.”

http://www.crainsnewyork.com/article...e-housing-goal
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  #98  
Old Posted Jan 16, 2015, 8:34 PM
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I'm not a fan of this whole created or saved. The saved part can be manipulated big time. I'll give credit that they reported on each separately.

the other interesting star if love to see is what are the median, average rents in these so-called "affordable" units, especially the new construction and not just the rehabbed public housing.
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  #99  
Old Posted Jan 20, 2015, 6:16 PM
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2014 Adds A San Francisco’s Worth of Skyscrapers and 44,825 Units to NYC’s Development Pipeline

Quote:
In 2014, permit applications were submitted to construct 44,825 units across the five boroughs, which is a dramatic increase from 2013′s 22,915 housing units. Brooklyn, the city’s most populous borough, led the way, with the number of new units entering the pipeline jumping from 8,473 to 19,355. Queens’ total also more than doubled from 4,316 to 9,367.

Gains were also significant in the other three boroughs, with Manhattan coming out on top. There, 2013′s total of 6,528 rose 70 percent, ending up at 11,113 for 2014. Numbers in the Bronx and Staten Island grew from 3,140 and 458 to 4,253 and 720, respectively.

Hotel activity saw a similarly large increase, with builders filing plans for 8,951 new rooms in 2014. That is a 73 percent increase over 2013′s already-impressive 5,185 new rooms.



============================
http://www.yimbynews.com/2015/01/yim...ring-more.html
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  #100  
Old Posted Jan 26, 2015, 8:26 PM
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