Proposed city legislation to be introduced by Council Member David Yassky would require owners of vacant lots and vacant residential buildings to file a notarized registration of their plans for their property, and pay an annual fee of up to $5,000 as long as the property remains vacant. It would also require the city to conduct an annual survey of vacant properties.
Borough President Stringer Calls For Comprehensive State And City Anti-Warehousing Plan For Vacant And Underused Properties In NYC
Borough President Stringer said, “We want to work with owners to help bring these properties back on line, and to use the registration and the survey to help identify and target owners who could employ current city and state incentive programs to create affordable housing.
Is that what this is really about?
In addition, as we face a potential fiscal crunch on our horizon, these measures would provide significant new revenues for the city budget.”
Ah, now there's the truth. Why not just eliminate the tax breaks currently given to developers if you want to raise money instead of forcing new taxes on people who aren't overdeveloping the city? While you're at it, stop using the trite term "affordable housing". We're all tired of it and it's never been defined.