LIC rezoning could require affordable housing

The mandate would be a first in NYC

TRD New York /
Jan.January 30, 2015 05:20 PM

Developers may be required to include affordable housing in Queens Plaza and Court Square-area projects as part of a Long Island City rezoning plan being reviewed by the Department of City Planning, a mandate that would be a first in New York City.

Rather than incentivizing developers to build affordable units, the proposed rezoning would provide no incentives and simply state that developers must include affordable housing as a portion of their residential projects, according to the LIC Post.

The agency is currently reviewing about 100 streets in the area, including sections of Jackson Avenue and Northern Boulevard, to determine whether they should be upzoned to promote affordable housing and commercial activity including light manufacturing.

The department will likely present a final proposal for public discussion by the fall, according to John Young, the director of the Queens Office of City Planning. [LIC Post] — Tess Hofmann


Related Articles

arrow_forward_ios
Nuveen CEO Vijay Advani, Blackstone President & COO Jonathan Gray and one of the Texas properties

Blackstone just sold off a 29M sf national industrial portfolio

From left: Mark Levine, Corey Johnson, and Marisa Lago with Morningside Heights (Credit: Getty Images and Wikipedia)

Manhattan rezoning forges ahead — without the de Blasio administration

Inwood has stayed affordable for a remarkably long time. That could soon change. (Credit: Wikipedia)

Inwood braces for gentrification

Industry City CEO Andrew Kimball, Brooklyn City Council member Carlos Menchaca and Industry City (Credit: Getty Images)

Industry City made five concessions for rezoning. It wasn’t enough

Adam Neumann in talks about his future role, Sheldon Solow’s son makes a winery play: Daily digest

Court Square Place at 24-01 44th Road in Queens and The New York Times' A.G. Sulzberger (Credit: Google Maps and Getty Images)

All the news that’s fit for Queens: NYT inks lease in Long Island City

Avery Hall to city: In exchange for 50K sf, we’ll improve a Gowanus subway station

Long-delayed North Brooklyn rezoning plan hits another roadblock

arrow_forward_ios