Recently on the Brian Lehrer radio show on WNYC, Mayor De Blasio addressed questions about the effects inclusionary development–i.e. giving developers the green light to build market rate housing if they set aside 25-30 percent of the units for low- and middle-income residents–has on the quality of life in lower-income neighborhoods. A growing concern among housing activists is that reliance on this kind of inclusionary zoning leads to gentrification that pushes out the lower income residents due to the 70-75 percent of market rate units bringing new, wealthy residents and new businesses that will cater to them.
All the buzz surrounding Mayor De Blasio’s home has yielded some great results for NYC’s First Family. Bill and his wife Chirlane McCray have rented their house to the first folks who came to check out the property located at 442 11th Street. De Blasio listed the Park Slope home less than two weeks ago through Brooklyn Properties for $4,975 a month. Let’s take a look inside…
Caveat to DeBlasio’s Grand Central Terminal Area Rezoning Would Require Special Permit for New Hotels, Wed, June 18, 2014
The impetus behind the rezoning plan allowing taller towers in the blocks surrounding Grand Central Terminal – specifically the five blocks of Vanderbilt Avenue from East 42nd Street to East 47th Street – is to keep New York competitive with office development in other major cities like London and Shanghai.
However, according to the Wall Street Journal, the hotel-workers union, which had a key role in the demise of a similar proposal under former Mayor Michael Bloomberg, has flexed its muscles once again, seeking a concession that would require any new hotels to receive a special permit from the City Planning Commission and the City Council.