Will NYC Pass 'Social Housing' Legislation This Year?
Albany’s inaction has made it more urgent for the City Council to pass a package of bills aimed at boosting the supply of homes accessible to, and controlled by, low-income New Yorkers, more than 100 groups said in a letter to Speaker Adrienne Adams last week.
Some of the legislation—which includes a bill that would give nonprofits an early chance to purchase residential buildings before they hit the market—has gotten a frosty reception from Mayor Eric Adams’ administration, as well as for-profit developers.
But progressive lawmakers, citing the city's dire housing crisis, said they'll press to pass the package of legislation. “I know we at City Council are not afraid to stand up to Mayor Adams and stand up to the real estate community when necessary,” Councilmember Lincoln Restler said.
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