Eric Adams

Photograph from 'City of Yes' affordable housing announcement, via nyc.gov

Mayor Adams Announces Proposal To Lift Floor-To-Area Ratio For New Developments

7:00 am on April 7, 2024 By Max Gillespie

Mayor Eric Adams has announced a new initiative within the “City of Yes for Housing Opportunity” proposal that seeks to generate tens of thousands of affordable homes in New York City. The new initiative is targeting areas previously out of reach for many working-class New Yorkers due to an outdated floor-to-area-ratio cap, which historically has restricted the construction of new homes in high-demand zones. The proposal is seeking to lift the floor-to-area-ratio cap in these areas, such as in Midtown, Manhattan.

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Photograph from 'City of Yes' affordable housing announcement, via nyc.gov

Mayor Adams Unveils Proposed Zoning Changes to Increase Affordable Housing In New York City

7:00 am on March 24, 2024 By Max Gillespie

New York City Mayor Eric Adams recently unveiled a zoning proposal to enable faith-based organizations and other mission-driven nonprofits to construct affordable housing in New York City. The plan, which is part of the “City of Yes for Housing Opportunity” initiative, seeks to address the city’s housing crisis by making it easier to build new homes in every neighborhood.

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Rendering of the new Midtown Bus Terminal, courtesy of Port Authority of New York and New Jersey

Funding Approved For New Port Authority Bus Terminal In Midtown, Manhattan

7:00 am on March 17, 2024 By Max Gillespie

Governor Kathy Hochul, New York City Mayor Eric Adams, and the Port Authority of New York and New Jersey (PANYNJ) have agreed to work together to finance a $10 billion project to replace and expand the Port Authority Bus Terminal in Midtown, Manhattan. The city has agreed to allocate 40 years of tax revenue from three new commercial developments to fund the project, which has been designed by Foster + Partners. The tax allocation is expected to generate around $2 billion and cover approximately 20 percent of the total anticipated $10 billion cost of construction for the project.

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Chatham/Kimlau Square, via chinatownconnections.nyc

Mayor Eric Adams Announces Plan To Revitalize Public Spaces In Chinatown

7:30 am on February 15, 2024 By Max Gillespie

Last week Mayor Eric Adams announced “Chinatown Connections,” an initiative between the city and state aimed at revitalizing Park Row and Chatham/Kimlau Square in Manhattan’s Chinatown neighborhood. The $56 million project aims to transform the current layout of the plaza by introducing a more standard, four-way intersection, enlarging public spaces, and establishing direct connections from one side of the square to another for cyclists.

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Renderings of new bike lanes on Queens Boulevard, courtesy of the New York City Department of Transportation

Mayor Adams Announces $30 Million for Queens Boulevard Safety Improvements

7:00 am on January 2, 2024 By Max Gillespie

New York City Mayor Eric Adams has announced the award of nearly $30 million in federal funding for safety improvements along Queens Boulevard in East Flatbush, Brooklyn. This grant, part of the “Safe Streets and Roads for All” program, will be funded through the approximately $1 billion in federal infrastructure funding that has been secured under the Adams administration.

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