News & Analysis as of

New York Affordable Housing Economic Development

Cozen O'Connor

City Council Approves Bronx-Metro North Rezoning

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On Aug. 15, 2024, the New York City Council approved the Bronx-Metro North Neighborhood Plan, the first New York City Department of City Planning-led neighborhood plan certified and approved under the Adams administration....more

Akerman LLP

New York’s 421-a (16) Program Extension

Akerman LLP on

To address the ongoing need for affordable housing in New York, Governor Hochul and the state legislature have passed additional incentives to spur affordable housing development....more

Cozen O'Connor

City of Yes for Housing Opportunity to Include New, Higher-Density Residential Zoning Districts

Cozen O'Connor on

On March 28, 2024, the Adams Administration announced that its City of Yes for Housing Opportunity zoning proposal would, if approved by the City Council, introduce new, higher-density residential zoning districts to New York...more

Cozen O'Connor

NYC Mayor Adams Launches Extensive Zoning Initiative to Promote Residential Development

Cozen O'Connor on

On September 21, 2023, the Adams administration revealed details for the third of three City of Yes zoning initiatives, City of Yes for Housing Opportunity. In line with Mayor Adams’ moonshot goal of providing 500,000 new...more

Cozen O'Connor

Mayor Adams Outlines Vision for "City of Yes"

Cozen O'Connor on

On June 1, New York City Mayor Eric Adams announced his “City of Yes” plan to amend the city’s zoning tools to support small businesses, create affordable housing, and promote sustainability. His plan includes three major...more

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