Part of the initiative also does away with parking requirements for apartment buildings linked to pricey parking garages.
"Right now every two parking spots that are adding to take up a space for 1 studio apartment making housing more expensive for everyone," said Adams.Director of City Planning Dan Garodnick joined Good Day New York to talk about the plan to get more than 100,000 new homes over the next 15 years.
Some of the plan's load like offering incentives for developers who create income-restricted housing would need to be carried by the state."Whether it's through tax abatement, whether its through ending the antiquated 12FAR cap," added Dan Garodnick, the director of City Planning. It would offer a density bonus for developers who build more property in an area but would need enough crucial support in Albany where legislative sessions don't resume until January.
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