One of the more aggressive inclusionary zoning programs in the country has been in place long enough to evaluate for lessons regarding the effectiveness of the controversial affordable housing development tool.
Michael A. Tortorici, co-founder and executive vice president at Ariel Property Advisors, checks in with the Mandatory Inclusionary Housing (MIH) program three years after its inception under the de Blasio administration, with effects beginning to take shape around the city.
"Looking at MIH projects in the pipeline and recent transactions in current or pending MIH areas, it’s becoming increasingly clear where the program is currently delivering, and where it may be falling short," according to Tortorici.
Here are the key findings of the analysis presented in the article:
As of August 15, 2019, city records show approximately 40 new developments underway that will see at least 25 percent of residential floor area allocated to permanent affordable housing. Based on available information, we estimate these projects total approximately 7.3 million square feet of new construction. In terms of gross area being built, approximately 53 percent is under construction in the Bronx, 19 percent is in Brooklyn, 12 percent is in Northern Manhattan, 10 percent is in Queens, and 6 percent is in Manhattan.
While breaking down the development pipeline of the neighborhoods and boroughs around New York in greater detail, Tortorici also presents some conclusions based on the evidence provided by the development market.
FULL STORY: Checking In on NYC’s Mandatory Inclusionary Housing Program
Spiting Mandatory Inclusionary Housing to Save Mandatory Inclusionary Housing
The question of whether New York City's new mandatory inclusionary housing policy should apply to a 17-story project in Manhattan could have wide-ranging implications.
'Housing New York' Would Invest $41 Billion in Affordable Housing
New York City Mayor Bill de Blasio announced the details of the "Housing New York" plan this week. The plan will guide the de Blasio Administration toward its goal of creating 200,000 affordable housing units in the city.
How New York City's Appearance Changed Under de Blasio
The former mayor's administration oversaw several major changes in the city's skyline, streets, and public spaces.
2024: The Year in Zoning
Cities and states are leaning on zoning reform to help stem the housing crisis and create more affordable, livable neighborhoods.
Research: Sprawl Linked to Poverty
Low-income families living in high-sprawl neighborhoods are limited in their access to education, jobs, and other amenities, often trapping them in a cycle of poverty.
NACTO Releases Updated Urban Bikeway Guide
The third edition of the nationally recognized road design guide includes detailed design advice for roads that prioritize safety and accessibility for all users.
Modular Workforce Housing Offers a Lifeline for Western Towns
Rapidly rising housing costs are pushing out the residents at the heart of local economies in resort towns across the country.
Noise as a Public Health Hazard
New ways of measuring the effects of sound on human health are helping communities fight back against noise pollution.
'Place Shock' and the Ecology of Fear
How to conceive of rebuilding places amid sudden change in a region known for its “ecology of fear?” As the city embarks on the arduous task of rebuilding, the question arises: how do we reconcile the imperatives of safety and sustainability with the deeply ingrained human desire for continuity, for a sense of rootedness in the familiar?
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Northeast Ohio Areawide Coordinating Agency (NOACA)
Ada County Highway District
Charles County Government
Chaddick Institute at DePaul University
HUDs Office of Policy Development and Research
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service
City of Cambridge, Maryland