New York's housing reforms paid off for other cities: The city just approved new zoning rules to boost housing production, but will need to build 560,000 units by 2030.

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  • Author(s): Block, Valerie (AUTHOR)
  • Source:
    Crain's New York Business. 12/16/2024, Vol. 40 Issue 45, p11-11. 1p.
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    • Abstract:
      New York City recently approved zoning changes to address its housing shortage, following the lead of cities like Minneapolis, New Rochelle, Austin, and Charlotte. The City of Yes for Housing Opportunity plan aims to add 80,000 units over the next 15 years, but the city needs to build 560,000 units by 2030 to keep up with growth. The reforms are seen as a crucial step in addressing the affordable housing crisis, which experts believe is a key economic issue affecting New York City. [Extracted from the article]
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