The demise of the controversial 421-a tax break hasn’t eliminated interest in residential building in the city, but it has reduced it to a level not seen since the financial crisis.
That’s the bottom line on this week’s release of the latest building-permits data by the U.S. Census Bureau.
Here are the numbers through July.
11 comments:
We need a complete stop of building in this city. There is just no more room to stick everyone.
With enough campaign contributions the investors should be able to obtain retroactive tax abatements...
Why is Crain's using federal data, rather than our own DoB? Hmmmmm.
What break? It's all relative .
We don't need to stop building. We need more buildings so people don't have to commute two hours to their jobs. There is enough room, but people don't want tall buildings in their neighborhoods.
Every part of Manhattan and the edges of all the boroughs within a few miles to Manhattan should be zoned for high rises.
We need more housing.
there are so many buildings between woodside and elmhurst that are built and are all empty and some that have empty lots too -- nothing being done -- but wait I am sure more homeless shelters will be there too --
"We need more housing."... Spoken like a REBNY troll. Just because you can physically fit more buildings in a limited space doesn't mean you should. Roads and transportation are woefully inadequate now, schools are overcrowded, hospital services are a joke. Try bringing the infrastructure up to date before you pack more people into the city. This is called City (Urban) Planning which has been missing in NYC for the last 50 years. Catch-up first so people don't have to live like rats and then we can talk about increasing building. In the meantime put up the No Vacancy sign.
Another interesting construction story relates to the Pre-K mobile units that have been built in Hunter's Point on 49th Avenue between 5th Street and Vernon Blvd mid-block on a narrow, residential side street. There are many questions one could ask about this such as:
1--Why wasn't this reported in LIC Post--the developer's, politician's and their functionaries rag?
2--What did Van Bramer give to de Blasio to get the site prepared and the units placed within one week?
3--When mid-block zoning is changed, how fast will Plaxall rip the site out from under the DOE?
4--What kind of construction materials were used? Residents' eyes are red and burning.
5--The Congress member for this area is Rep Carolyn Maloney. She categorically refused to allow these units on Manhattan's Upper East Side when parents complained about waitlists and overcrowding. How come they were allowed in Hunter's Point?
6--Why do the parents in Hunter's Point rely on local politicians instead of engaging the Congress member, a former DOE teacher whom the Manhattan electeds and agencies generally fear?
No doubt a reporter could ask even more critical questions and might even get some answers!
"We don't need to stop building. We need more buildings so people don't have to commute two hours to their jobs. There is enough room, but people don't want tall buildings in their neighborhoods.
Every part of Manhattan and the edges of all the boroughs within a few miles to Manhattan should be zoned for high rises."
Ok. Lets knock down all the two family houses and small apartment buldings in Queens and replace them with high rises with all this room you say there is. The roads are beyond capacity now, there is hardly any parking. The trains and buses are running at beyond max capacity. Even if you built new subways it would take decades to complete and billions of dollars we don't have. Unless everyone hops on a bike which is completely unrealistic, its going take two hours to commute 2 miles if we did something like this.
Oh and not to mention the already overburdened sewer system that has outflows of untreated sewage into the water on a regular basis, and the power grid that can't handle the usage now (hence our moron mayor telling everyone to turn their AC to 78 every time it gets hot out to conserve power).
Yeah sounds like a splendid idea. You should work for Diblasio with that mentality. You would fit right in.
Anonymous said...
"Try bringing the infrastructure up to date before you pack more people into the city. This is called City (Urban) Planning which has been missing in NYC for the last 50 years."
Dizzy Lizzy has an M.S. in City and Regional Planning from Pratt Institute’s Graduate School of Architecture.
yeah, let's put her in charge
Unless we expect people to stop having children , we need more housing .
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