Council member backs Acuity’s plans to skip affordable component at Chelsea condo

Corey Johnson recommends developer's application for approval

Sep.September 21, 2016 12:30 PM

The City Council showed support Tuesday for Acuity Capital Partners’ plans to exclude an affordable housing component at its proposed Chelsea condominium building, effectively ending months of speculation.

At a committee hearing Tuesday, Council member Corey Johnson, who represents the neighborhood, expressed support for the administration’s position, Politico reported. The proposal for the new building at 42 West 18th Street is now set for subcommittee and Council approval.

Johnson said he supports the developer’s application because the project will contribute to the character and quality of the district, according to Politico.

“The applicant has committed to working with me and my community to find a way to protect our limited supply of affordable housing,” Johnson said.

Last month, the City Planning Commission voted the developers would not have to make 25 to 30 percent of its units affordable. The commission agreed with Acuity’s view that the policy, which forces developers of new projects to include affordable housing in exchange for increased square footage on a site, does not apply. The developer argued it was not seeking more square footage, just more flexibility in the shape of the building.

Manhattan Borough President Gale Brewer argued that as the project is growing in size, the mandatory inclusionary housing rules apply. The developer has offered to help pay for affordable housing elsewhere in the city, in order to avoid being subject to the policy.

“I am disappointed the Council appears ready to accept this,” a spokesperson for Brewer told the website. “I will be closely scrutinizing every single land-use application that comes before my office, and I will fight hard against anything that undermines the city’s affordable housing programs,” she said.

Last week, The Real Deal reported on how rising tensions around the interpretation and implementation of de Blasio’s affording housing policy is causing major anxiety for developers and stalled projects.  [Politico]Miriam Hall

Related Articles

A rendering of 165 Broome Street (Credit: Handel Architects)

Nonprofit plans affordable housing development near Essex Crossing

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

From left: Former New York City Mayor Mike Bloomberg, former South Bend, Indiana Mayor Pete Buttigieg, Sen. Elizabeth Warren, Sen. Bernie Sanders, former Vice President Joe Biden and Sen. Amy Klobuchar (Photo by Win McNamee/Getty Images)

Candidates talk housing issues at Democratic debate

201 West 92nd Street and 78 Riverside Drive (Credit: Google Maps)

Acuity Capital lands $324M refi on 28-building multifamily portfolio

DSS commissioner Steven Banks with 148 West 124th Street (left) and 79 East 125th Street (right) (Credit: Google Maps and Getty Images)

City will convert 14 apartment buildings into housing for homeless

A rendering of The Dime at 209 Havemeyer Street in Brooklyn (Credit: Fogarty Finger)

New city rule requires luxury rental buildings to house homeless families

2790 West 5th Street in Coney Island (Credit: Google Maps)

Brooklyn man arrested for claiming to help victims buy Mitchell-Lama apartments

Mayor Bill de Blasio (Credit: Getty Images)

De Blasio warns of ‘bad landlords,’ admits affordable housing plan ‘is not enough’