New York Planners Say No To Inclusionary Zoning
New York City s planners are rezoning land left and right to make way for new housing. They refuse to adopt, however, a tried-and-true method of city planning to ensure that some of the new housing goes to meet the dire housing needs of working-class people. That method, inclusionary zoning, mandates or gives incentives to developers so that a certain proportion of new housing units are affordable to people with modest incomes. It has been used successfully all over the country, but the New York City Department of City Planning (DCP) proclaims that equity principles have no place in zoning, as they proudly create windfall profits for landowners.
Thanks to Chris Steins