The polluted waterfront blocks in eastern Queens known as Flushing West are an industrial wasteland: vacant lots, warehouses, a scrap metal business, a lumber yard, a U-Haul rental. But the city hosted a meeting Wednesday night laying out its plan to rezone the 10-block swath along Flushing Creek and revitalize the area with new residential development.
Since New York’s earliest days, church organizations have held a considerable amount of the city’s real estate, which they use not only for direct religious services, but also as a means of generating income. Over the past year, we witnessed the destruction of one of the oldest properties of the kind, as the 119 year old Bancroft Building has been reduced to a pile of red brick rubble.
Satellite skylines across the water from Manhattan are a curious phenomenon: they appear to stay frozen in time for decades until they hit sudden, and typically large, growth spurts. As Lower Manhattan was still reeling from the tragedy of 9/11, Jersey City sprouted a forest of cranes. East of the Financial District, the current decade has ushered Downtown Brooklyn’s skyscraper renaissance, as its solitary peaks are now morphing into manmade canyons. Yet as 2015 draws to a close, Long Island City is set to command development watchers’ attention, and the region’s perpetual skyline underdog is about to undergo a complete overhaul.
As the city edges towards its 2020 population forecast, the Museum of the City of New York is delving into our decades-long struggle to shelter the poorest residents with a new exhibit on the history of affordable housing. To celebrate the exhibit’s opening, the museum hosted a panel Thursday night, where a collection of real estate executives debated whether de Blasio’s ambitious plan to build or preserve 200,000 units would make a dent in the city’s affordable housing crisis.
On the last day of July, the de Blasio administration quietly introduced a key piece of its plan to build 80,000 affordable units of housing: mandatory inclusionary zoning. The plan will require market-rate developers to set aside at least 25% of their units in each new building as affordable housing. As the city rezones several neighborhoods across the five boroughs, they’ll impose the policy along with the updated zoning—beginning with East New York.
