The mayor's numbers games: Breaking down Eric Adams' housing goals
Briefly

During the first year of his administration, Mayor Eric Adams was notably coy about housing projections. At the time, he said he did not want to set housing goals in terms of numbers. But by the end of the year, he changed his mind, and announced a moonshot goal of building 500,000 units over the next decade. Just a month later, as part of his State of the City address, he announced 100,000 units to be added to Manhattan over the next decade.
The housing crisis is real, and we know how to solve it: By building more homes, the mayor said. The details on how that will happen are fuzzy, as are what previously announced initiatives are included in the Manhattan Plan's count. The administration indicated that it will review all zoning in Manhattan to unlock potential housing sites for development from Inwood to the Financial District.
Manhattan is the densest borough. There's a lot of opportunities to explore where those rezonings make sense. The mayor's new goal underscores the difficulty in disentangling housing unit projections, in deciphering which initiative gets credit for which new home created and whether units are being counted more than once.
Read at therealdeal.com
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