Past Project last updated April 29, 2009
A Powerful Tool for the Creation of Affordable Housing
During his first term in office, Mayor Michael Bloomberg announced expansive plans to rezone more than twenty New York City communities – including the Far West Side of Manhattan, Greenpoint/Williamsburg, Long Island City, and parts of the South Bronx. As originally proposed, the plans were poised to generate more than 50,000 new units of housing, almost all of them for rent or sale at market rates.