Our city is facing a generational housing crisis with a vacancy rate at 1.4%, and half of all New York renters are paying more than 30% of their income in rent. The only way to solve this crisis is simple: build more. That requires all of us to say 'yes' to a little more housing in every neighborhood and 'yes' to 'City of Yes for Housing Opportunity' plan - the most pro-housing zoning proposal in New York City's history.
If passed, City of Yes would allow us to finally address the longstanding housing shortage that has made life difficult and unaffordable for far too many hardworking New Yorkers. Everybody has a story: The would-be homeowners outbid by cash buyers or a private equity firm, the firefighter who cannot afford to live in the neighborhood he serves, the older New Yorker who has spent a lifetime in the family business only to find herself unable to pay rent on a fixed income, and the new parents who cannot afford a big enough apartment to raise their family.
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