eric adams Archives - Rava Realty

“City of Yes”: Mayor Adams’ Plan to Transform NYC Housing

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Mayor Eric Adams has proposed an ambitious housing agenda named the “City of Yes,” aiming to address New York City’s housing crisis and alleviate high rents. Unveiled at the end of September, this proposal aligns with the “Yes in My Backyard” (YIMBY) movement, with a goal to construct 100,000 new homes over 15 years by easing zoning restrictions.

Key measures include the elimination of mandates for parking in new developments, the legalization of dorm-style shared housing, and the approval of accessory dwelling units, which include unregulated basement apartments susceptible to ...

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Real estate gets its candidate for mayor: Eric Adams

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Adams was heavily supported by business interests and real estate in particular. However, that was not the primary reason he won the Democratic primary, nor does it mean he will be in developers’ pockets when he takes office in January: His campaign platform calls for “aggressive” housing construction, but he has also blamed development for increasing rents in communities of color, criticized Brooklyn developers and recommended slashing the height of proposed towers that were opposed by NIMBY groups.

Adams, the Brooklyn-born son of a house cleaner and a butcher, and former captain in the ...

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