Efforts to provide affordable housing in New York, particularly in areas like Google HQ and Hudson River Park, have fallen short of promises made by local leaders. Despite pledges for 1,600 apartments with 500 affordable units, only 305 apartments, including 175 affordable ones, have materialized. The City Council is pushing for increased capital funding to create around 60,000 affordable homes over the next five years.
The seemingly never-ending effort to turn a derelict state-owned property in pricey Clinton Hill, Brooklyn, into desperately needed affordable housing via @ReuvenBlau https://t.co/ny2ioHzWvh
The Serious Gap Remaining in Affordable Housing Preservation in New York https://t.co/RSrA8rDHI0
City Council voted to approve tax breaks for 175 apartments for the elderly, just a fraction of the 500 low-cost apartments local leaders promised a decade ago for the tony spot on Hudson River Park via @TheCityNY's @sssmaldo https://t.co/9e6hnzKEPJ
The Council has called upon the Administration to increase capital funding for affordable housing by $3.66 billion over the next five years. This would preserve and create around 60,000 affordable homes for New Yorkers of all ages and needs.🧵 https://t.co/zp1wbbWhLt
Incredible shrinking affordable housing at Google HQ. In 2015 @BilldeBlasio & @coreyinnyc promised 1,600 apartments, 500 affordable. The housing is finally coming online: 305 apartments total, 175 affordable. @sssmaldo on how the rest vanished. https://t.co/x33Jk5oUh4