The city will shoulder a higher share of costs associated with creating public benefits such as schools and parks, in order to encourage more developers to address the affordable housing crisis, chairman of the City Planning Commission Carl Weisbrod said on a panel today.
Under the Bill de Blasio administration, Weisbrod expects to see a reversal of several decades of public policy. Whereas in the past the city required developers to pay for parks, schools and public spaces in exchange for incentives such as upzoning, the city will now take on more of that burden.
“I think we are going to see a more traditional role for what government pays for and what the private sector pays for,” Weisbrod said. “We will see government pay for schools, public investments, open spaces, that in the past few decades we did [lay] on developers.”
“We should ask the private sector to do what it does well, which is housing,” he added. The administration is, however, much to the chagrin of developers, taking away voluntary inclusionary zoning and replacing it with mandatory inclusionary zoning.