A view of New York City from the air. Photo: Ryland West/ALM Potential Opportunities in Proposed Zoning Text for Housing
Mayor Adams recently announced a group of proposals to eliminate certain zoning barriers in NYC in order to help increase housing, including affordable housing, in NYC. This article outlines and discusses these proposals along with the potential impact and challenges and also the next steps in the process.
October 26, 2023 at 10:00 AM
9 minute read
Real Estate
The New York City Department of City Planning ("DCP") is advancing a proposal for a wide-ranging set of changes to the Zoning Resolution in an effort to clear the way for housing production across the City. The proposed zoning text amendment, known as "City of Yes for Housing Opportunity" (the "Housing Text"), is the third of the Adams administration's "City of Yes" zoning overhaul proposals; it follows "City of Yes for Carbon Neutrality," which was approved by the City Planning Commission and is under review by the City Council, and "City of Yes for Economic Opportunity," which is expected to enter public review this fall.
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