CityViews: Is it Time for a Housing Plan Reset?
“In the Spring of 2014 Mayor de Blasio announced his ambitious 10-year housing plan to ‘build and preserve’ 200,000 units of ‘affordable housing.’ At the time, the city was in good fiscal shape. The economy overall was doing well, and there was every indication that no radical economic or political development would threaten that stability in the near term. So the mayor launched his Housing New York plan, which he followed with announcements of rezoning initiatives throughout the city, mostly in low-income communities of color. Like a ship going out to sea, all of these announcements were launched with much fanfare.”