Strategies for increasing affordability often involved trade-offs between various goals and impacts. It is important to consider all of these factors when evaluating potential solutions to unaffordability.
Earlier this year, the U.S. Department of Housing and Urban Development devoted an entire issue of a quarterly newsletter to land use regulations and the idea that local laws are strangling the nation's supply of affordable housing.
A new fee on trips made in ride-hailing and other for-hire vehicles and taxis in much of Manhattan was approved by the New York State legislature as part of the budget legislation. Plans for future tolls on cars and trucks weren't included.
Gov. Andrew Cuomo (D-N.Y.) appears to be backing away from a controversial plan to toll midtown Manhattan but shows no reservations about embracing land value capture, which some regard as a "taking" by taxing land proximate to subway stations.
While the city determines where to place parking meters and how much to charge, when it comes to charging tolls to drive in Manhattan, the city's elected leaders are excluded from the political process.
Motorists and truckers would pay tolls to drive south of 60th Street in Manhattan while passengers in taxis and ride-hailing vehicles would pay a surcharge under a plan released Friday by the Fix NYC panel convened by Gov. Cuomo in October.
Ten years after former NYC Mayor Michael Bloomberg's congestion pricing plan died on the state Assembly floor, expect to see a similar plan revived by Gov. Andrew Cuomo (D-N.Y.). New York Times metro reporter, Winnie Hu, explains why it never died.