flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

New York City advances plan to build 500,000 new housing units

Multifamily Housing

New York City advances plan to build 500,000 new housing units

The "Moonshot" program will speed up land use review process.


By Peter Fabris, Contributing Editor | January 9, 2023
New York City advances plan to build 500,000 new housing units Photo: Pixabay
Photo: Pixabay

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

Multifamily Housing | Mar 15, 2017

Amenity-packed residential building is Zaha Hadid’s only NYC project

The building sits adjacent to New York’s popular High Line park and includes a $50 million penthouse.

Multifamily Housing | Feb 24, 2017

121 East 22nd Street will be the first OMA-designed residential building in NYC

The building will offer 133 units across its 18 stories.

Multifamily Housing | Jan 15, 2017

Multifamily sector expected to stay strong in 2017

Market watchers expect some moderation from record highs, but not much.

Game Changers | Jan 13, 2017

Building from the neighborhood up

EcoDistricts is helping cities visualize a bigger picture that connects their communities.

Multifamily Housing | Jan 11, 2017

Istanbul’s Valens Archway could be rejuvenated with “floating” housing concept

Superspace’s proposal would create a natural promenade atop the ancient stone structure.

University Buildings | Jan 9, 2017

Massive student housing project in Texas will be ready this Fall

Developers hope the early opening of some units sets the tone for the community and future rentals.

Multifamily Housing | Dec 22, 2016

Multifamily green financing programs grew rapidly in 2016

Multifamily green financing programs boomed in 2016, and are likely to continue to grow in 2017, according to the president of Partner Energy.

Market Data | Dec 21, 2016

Will housing adjust to an aging population?

New Joint Center report projects 66% increase in senior heads of households by 2035.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021