NYC Incomes Would Need to Double to Afford Rent of Vacant Units, City Says "The annual New York City Housing and Vacancy Survey found availability for the city's lowest-cost apartments is at a 30-year low" (NBC 4)
Introducing the Proposed IBX "The Interborough Express (IBX) is a proposed new transit line that would connect Brooklyn and Queens. Taking advantage of a 14 mile existing freight rail line, the IBX would offer new service to up to 900,000 people that live within a half-mile of the line. To find out more, visit" (MTA YouTube)
Urban Design Forum Envisions Street-Based ‘Platform’ for a ‘Thriving City’ "Urban Design Forum issues a document that is part policy paper, part manifesto. Paging Mayor Adams!" (Streetsblog NYC)
Debate swirls over property tax exemption for real estate developers "Gov. Kathy Hochul told builders, bankers, and others who gathered in midtown Manhattan on Thursday for an annual affordable housing conference that they have her support, but she did not mention the lucrative property tax exemption for multifamily developments known as 421-a, which expires next month." (Gothamist)
Hudson Square BID opens new greenspace near Holland Tunnel "Freeman Plaza East, located at Varick and Watts Streets, has officially reopened following a six-month renovation. The greenspace sits nestled beside the entrance to the Holland Tunnel, a 5,000 square-foot chunk serving as a slice of sanctuary sandwiched between an otherwise bustling portion of the city." (amNY)
