De Blasio defends affordable housing push at first town hall

Mayor says the vision of developers will no longer "dominate" neighborhoods

TRD New York /
Oct.October 15, 2015 10:34 AM

Mayor Bill de Blasio took a shot at developers at his first town hall meeting Wednesday, defending his administration’s housing and rent protection policies in the face of tough questions from activists and community group representatives.

“Let’s face it — it used to be that the market controlled everything and the developers called the tune, and their vision is what dominated our neighborhoods. Well, we’re changing that,” de Blasio said.

The Mayor defended the use of private-public partnership programs, such as his mandatory inclusionary zoning initiative, which requires developers to build affordable housing units if their projects benefit from rezonings.

 

“In some cases it’s pure public money. But in a lot of cases it’s also using those rezoning and the other and market-rate housing to fund the affordable housing. That’s the reality in our economic world we’re are living in. I believe that,” de Blasio said. “I can do affordable housing only, but I’d be [doing] a lot less.”

The voluntary version of that program, which predates de Blasio’s election, helped fund over 3,000 affordable units in the city in FY 2015, triple the number in FY 2014, Politico reported.

De Blasio, who promised during his campaign to create or preserve 200,000 units of affordable housing, also defended the Rent Guildelines Boards’ decision to freeze rent-stabilized rents this years, which his administration is promoting with a $1 million ad campaign announced last week.

He had been criticized for failing to hold town-hall-style with New Yorkers during the first two years of his administration, in contrast to his predecessors. [Politico] – Ariel Stulberg


Related Articles

arrow_forward_ios
Blackstone CEO Steven Schwartzman and Stuyvesant Town (Credit: Getty Images)

After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies

After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Real Capital Analytics data showed that New York’s multifamily market had a very slow July. (Credit: iStock)

New NYC rent law “beginning to shut down investment”

New NYC rent law “beginning to shut down investment”
Mayor Bill de Blasio and Dr. Oxiris Barbot (Getty, iStock)

Day care — and its landlords — get a lifeline

Day care — and its landlords — get a lifeline
Mayor Bill de Blasio (Getty)

De Blasio to sign Airbnb, property tax legislation

De Blasio to sign Airbnb, property tax legislation
President Donald Trump (Getty, iStock)

Trump tweets that he “may END” Obama-era fair housing regulation

Trump tweets that he “may END” Obama-era fair housing regulation
City Council member Vanessa Gibson, Speaker Corey Johnson and City Council member Brad Lander (Getty)

Why the City Council abandoned affordable housing

Why the City Council abandoned affordable housing
Governor Andrew Cuomo and Mayor Bill de Blasio (Getty, iStock)

New York City indoor dining postponed indefinitely

New York City indoor dining postponed indefinitely
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...