Public Advocate says Christine Quinn’s affordable housing plan mainly benefits developers

TRD New York /
Feb.February 15, 2013 10:30 AM

New York City Public Advocate and mayoral hopeful Bill de Blasio slammed City Council Speaker Christine Quinn’s affordable housing platform, saying it pandered to the interests of the real estate industry, the New York Observer reported.

In Quinn’s State of the City address earlier this week, she proposed a cap for property taxes for whole buildings that pledged to set aside a certain percentage of their units as affordable. The plan mirrored a 2011 proposal by the Real Estate Board of New York, which an aide from the Bloomberg Administration had described as “a large tax break dressed up as a housing policy.” In his final State of the City address yesterday, Mayor Michael Bloomberg also emphasized the need for more affordable housing.

“I’ve had my ups and downs and downs with the mayor,” de Blasio said at a press conference Wednesday attended by the Observer. “But when the mayor says it’s fiscally irresponsible to give so much money to the wealthy, you know you’ve got a problem.”

He also pointed out Related Companies’ living wage exemption on the Far West Side, which was negotiated by Quinn. “And in that case we weren’t even talking about affordable housing,” he said, although Hudson Yards does have a below-market rate housing component. “We were talking about people trying to make at least $10 an hour so that they could feed their families.”

In lieu of Quinn’s proposal, de Blasio said he would employ the city’s own resources to create affordable housing, but did not specify how he would fund this initiative. [NYO]  –Hiten Samtani


Related Articles

Mayor Bill de Blasi0, a rendering of Halletts Point, and Douglas Durst (Credit: Getty Images, Durst)

Feud with de Blasio pushes Durst to shelve Halletts Point

From left: Deputy Mayor of Housing and Economic Development Vicki Been, Sen. Brian Kavanagh (inset), Brooklyn Borough President Eric Adams, State Division of Homes and Community Renewal Commissioner Ruthanne Visnauskas (inset), Council member Keith Powers, with Governor Andrew Cuomo and Mayor Bill de Blasio (background) (Credit: Anuja Shakya, Getty Images)

Politico shows and no-shows: What public officials attended the REBNY gala?

Councilman Stephen Levin (Credit: Facebook, Getty Images)  

NYC bill would boost rental vouchers for homeless

Mayor Bill de Blasio (Credit: Getty Images)

De Blasio to test brokers, owners for housing discrimination

Jersey City Mayor Steven Fulop and Mayor Bill de Blasio (Credit: Getty Images, iStock)

Here’s why Jersey City is joining Newark in suing de Blasio

Jona Rechnitz (Credit: iStock)

De Blasio fundraiser and witness Jona Rechnitz sentenced to prison

Council Council member Rafael Salamanca Jr. (Credit: Getty Images)

City Council passes homeless set-aside bill

Mayor Bill de Blasio will ask developers to house the homeless (Credit: Getty Images, iStock)

De Blasio’s plan for street homeless aims for 1,000 new units