After New York Mayor Eric Adams announced a “Moonshot” plan to build 500,000 new housing units over the next 10 years in early December, he moved quickly to jumpstart the process.
A week later, the Department of City Planning said it would immediately begin public hearings of a 46-block rezoning of portions of two East Bronx neighborhoods that are close to planned Metro-North rail stations. Speeding up the city’s land use review process is a cornerstone of the housing plan.
The rezoning of industrial and manufacturing areas to residential, and an expected increase in residential density in other parts of the Bronx, would serve neighborhoods surrounding two rail stations projected to open in 2027. “The establishment of new transit service in previously auto-oriented areas demands a thoughtful reorientation of permitted uses and densities to capitalize on the state’s significant investment in regional rail,” according to a Draft Scope of Work for the rezoning proposal.
City officials said that the proposed rezoning in the Bronx is broken into several parcels. This is in synch with the mayor’s pledge not to engage in neighborhood-wide rezoning. Adams also intends to exempt housing projects with fewer than 200 units from environmental reviews, and have the city’s Department of Buildings streamline its computerized permit application and tracking process.
Related Stories
| Apr 26, 2019
Organized Living Offers ‘Century Gray’ Product Finish for Multifamily Storage Systems
Organized Living releases new color option for apartment and condominium storage systems.
Multifamily Housing | Apr 23, 2019
Recharging Edison’s batteries
America’s greatest inventor would have appreciated this project team’s ingenuity and persistence.
Multifamily Housing | Apr 17, 2019
Multifamily real estate trends for 2019 and beyond
Boomers are on the move and Millennials are seeing upward mobility, but issues with affordability and housing product mix persist.
Multifamily Housing | Apr 16, 2019
Multifamily rentals are still alive and kickin’
Apartments are being built, and in goodly number. But not enough of it is affordable.
Multifamily Housing | Apr 12, 2019
NYC officials partner with nonprofit to build modular affordable housing
Thorobird and BACDYS partner with Brooklyn’s FullStack Modular on project.
Multifamily Housing | Apr 11, 2019
St. Augustine Terrace brings affordable housing to the Bronx
Magnusson Architecture + Planning designed the building.
Multifamily Housing | Apr 8, 2019
Priced to sell: DUMBO condo development offers starter units in luxury setting
Designed by ODA New York, 98 Front Street will be loaded with amenities like a salt water pool, co-working spaces, and indoor and outdoor fitness centers.
Reconstruction & Renovation | Apr 5, 2019
Historic Corrigan Tower in Dallas becomes 1900 Pacific Residences
The 18-story Corrigan Tower in the Dallas’s historic downtown district is now a thriving 150-unit apartment residence community.
Multifamily Housing | Apr 3, 2019
Multifamily rent growth hits two-year high in February, rising 3.6%
A survey of 127 major U.S. real estate markets by Yardi Matrix shows no signs of slowing for multifamily rental demand.
Multifamily Housing | Apr 3, 2019
New multifamily development rises in Summerville’s Nexton mixed-use community
The new complex offers easy access to I-26.