Mayor Eric Adams calls to build 500,000 new homes by 2032
NYC Mayor Eric Adams unveiled a new ambitious housing plan. Known as “Get Stuff Built,” the plan sets a "moonshot" goal to create 500,000 new units over the next ten years. The city would focus on cutting red tape and making it easier to build more homes.
The Mayor’s plan includes over 100 concrete actions the city must take to create more units for New Yorkers to live in. New York City gained around 800,000 new residents in the past ten years but added only 200,000 new homes, according to the mayor.
"If New York is to remain the city we love, we must have places for the people we love. We need more housing, and we need it as fast as we can build it," said Mayor 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. We can, and we must, do better.”
The “Get Stuff Built” plan outlines three key initiatives. The first one is known as “Build Faster”. It aims to speed up the pre-certification process, which could take more than two years. In addition, the city would exempt small residential buildings from environmental review, revise the City Environmental Quality Review (CEQR) process, streamline the inspection of fire protection systems, and create a "one-stop shop" portal to get construction permits.
Mayor Adams wants to build everywhere. The city plans to create 6,000 new residential units, including at least 1,500 permanently affordable homes around the four new Metro-North train stations that will open in the East Bronx in 2027. The mayor will also support the Atlantic Avenue Mixed-Use Plan that would bring thousands of new homes to Atlantic Avenue, Crown Heights, and Bedford-Stuyvesant.
The third initiative, dubbed “Build Together”, focuses on the partnerships at the federal, state, city, and community levels. Mayor Adams calls to legalize existing basement apartments, facilitate the conversion of underused office spaces into housing units, prohibit exclusionary zoning practices, and more.
Resources:
“Adams unveils plan to create 500K new homes by 2032,” by Aaron Ginsburg (6sqft, 2022)
“NYC Sets Housing 'Moonshot' Of 500K New Homes In Next Decade: Mayor,” by Matt Troutman (Patch, 2022)
“Mayor Eric Adams unveils ambitious plan to build 500,000 affordable homes in the next decade,” by Marcia Kramer (CBS New York, 2022)
“As NYC housing crisis worsens, Mayor Adams calls for 500,000 new units by 2032,” by Elizabeth Kim (Gothamist, 2022)
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