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Mayor Adams Orders Review of All City-Owned Parcels for Potential Affordable Development
Mayor Eric Adams on Wednesday issued an executive order directing municipal agencies to review their city-owned and controlled land for potential housing development sites across New York City. The order covers some 17,000 properties throughout the five boroughs and comes amid a rental vacancy rate at an historic 1.4% low.
“If there’s any land within the city’s control that has even the remotest potential to develop affordable housing, our administration will take action,” said Adams. “To solve a generational affordable housing crisis, we must bring new innovative ideas to the table and activate all city agencies, whether they are directly involved in creating housing or not, to help deliver for New Yorkers.”
Effective immediately, the executive order establishes the City Housing Activation Task Force, with representatives from mayoral agencies and other public entities. All locations that can be used to further housing production or on adjacent or nearby sites without disruption to critical municipal operations will be considered , according to the Adams administration.
- ◦Development
- ◦Policy/Gov't
