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Re: Alas, Poor Door! I knew about affordable housing ratio.

Posted by Dan on Thu Aug 28 14:59:06 2014, in response to Re: Alas, Poor Door! I knew about affordable housing ratio., posted by 3-9 on Wed Aug 27 19:15:09 2014.

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That's one of the reasons why I think deBlasio's housing plan is doomed unless he changes strategy. Might be smarter to upzone height limits to 15 - 25 stories let's say, in neighborhoods that agree to it. Then allow high-rise luxury condo/rental building to be constructed in those newly rezoned areas. For that allowance luxury builders pay a fixed percentage into a fund to construct 'affordable' buildings elsewhere.

The other reason is that I don't think we are capable of building 200,000 units of housing beacause of high taxes, land and construction costs.

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