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Adams Unveils “Moonshot” Plan for 500K New Housing Units in NYC
New York City Mayor Eric Adams on Thursday unveiled a “moonshot” plan to add 500,000 housing units over the next decade. The plan outlines steps to accelerate the pace of housing production through measures such as streamlining the city’s land use review process.
“We need more housing, and we need it as fast as we can build it,” said Adams. “The system has been broken for so long that we have come to view it as our reality. Our city declared a housing emergency five decades ago, yet, we have failed to address it with the same urgency we would any other crisis. That ends now.”
The mayor’s plan is based on ‘Get Stuff Built,” a report from the Building and Land Use Approval Streamlining Taskforce. The report details 111 concrete actions the city can take to accelerate project timelines, ensure environmental protection and stimulate the creation of affordable housing.
- ◦Development
- ◦Policy/Gov't
