Day: August 21, 2024
-
NYC Housing Crisis: Mayor Eric Adams Signs Executive Order 43 to Prioritize Housing Production
On August 21, 2024, Mayor Eric Adams signed Executive Order 43 to combat New York City’s housing crisis by accelerating housing production on city-owned land. The order establishes an interagency task force to review potential development sites and update policies to support the creation of 500,000 new housing units. This initiative aims to address the…
-
NYC Mayor Adams Directs Agencies to Identify City-Owned Land for Housing Development.
Democratic Mayor Adams wants to make living in basements the norm?Mayor Eric Adams does support the idea of making basement apartments a more viable and safe housing option in New York City as part of his broader strategy to address the city’s housing crisis. However, his goal is not to make living in basements the…