Sentences with phrase «affordable housing developers got»

Not exact matches

In Staten Island — which is «still a pain in the ass to get to» — Douglaston is building affordable housing for seniors, and the developer is also building affordable rentals in the Bronx.

But now almost a year later, it appears as though they have; 421a is not only essential for developers, it's the only way to ensure that affordable housing gets built.

Four years ago Margaret Chin told us she would have said no to the deals to get beloved schools like P.S. 234 decades ago, and Spruce Street School more recently because the community was giving away too much to corporations and developers, and didn't get enough affordable housing.

Mr. de Blasio, in pursuit of his goal to build or preserve 200,000 units of affordable housing in a decade, wanted Albany to renew the tax credit but require all developers getting it to build affordable housing, no matter where their development was, and also wanted the program to include a mansion tax on sales of residences worth $ 1.75 million or more.

«We also must tell Albany that they have got to stop the hemorrhaging of affordable housing units in New York State and we have to cut off the spigot of those who just go to Albany and serve the developer unit and then come back home and talk about the crisis that's been going on,» she said.

And, when I need, to I'll stand up to developers on delivering affordable housing, ensuring that the London Plan is amended with a 50 % target for affordable homes and measures to ensure that Londoners, not overseas investors, always get first dibs on the homes we build.

I'll establish Homes for Londoners, a new in - house developer at City Hall, led by me, working with councils and private developers to lever in funding and get thousands of new affordable and market homes built on spare public land and brownfield.

De Blasio blasted Cuomo's efforts to kill his overhaul of a massive tax break for housing developers — even though he ultimately got most of the affordable housing mandates he wanted in the 421 - a program.

The mayor said he sympathizes with residents» concerns about gentrification, development and displacement but echoed his longstanding argument that there are two options: either «do nothing» and watch rents increase and people get displaced or «do something» and at least create new affordable units when developers build luxury housing.

Developers in Manhattan and parts of Brooklyn and Queens are required to set aside 20 percent of newly created housing for «affordable» units while developers elsewhere — roughly 84 percent of the city's landscape — can get the benefit without building any affordaDevelopers in Manhattan and parts of Brooklyn and Queens are required to set aside 20 percent of newly created housing for «affordable» units while developers elsewhere — roughly 84 percent of the city's landscape — can get the benefit without building any affordadevelopers elsewhere — roughly 84 percent of the city's landscape — can get the benefit without building any affordable units.

«It is not acceptable for developers to get a billion - dollar - a-year tax break while paying workers low wages and creating little to no affordable housing,» said Paul Fernandes, executive director of the New York City and Vicinity Carpenters Labor Management Corporation, an organization of unions and contractors.

But the only change to MIH was a tweak to part of the plan the city is legally obligated to include, allowing developers to get out of building affordable housing if it creates a «hardship.»