"they voted for generational change, democratic socialism, and joyful pop-culture politics. The historical significance of Mamdani's victory will be parsed for days, weeks, and years to come. But the people of New York did not just elect a mayor, they also voted to change the way housing gets built in one of the tightest housing markets in the United States. Voters passed three ballot initiatives designed to speed up and increase housing production by an even greater margin than Mamdani's victory."
"Ballot Measure 2 creates a new expedited review and approval process for all publicly funded affordable housing projects, turning what can be an 18-month process into a 3-month process. It also creates a new affordable-housing fast track for all housing projects in the 12 community districts (out of 59 total) that have permitted the least-affordable housing in recent years. These 12 community districts will mostly be more suburban parts of the city in eastern Queens, south Brooklyn, and Staten Island."
Zohran Mamdani won the mayoralty on a platform of generational change, democratic socialism, and pop-culture-infused politics. Voters also approved three ballot initiatives designed to speed and increase housing production in New York City. One measure creates an expedited review and approval process that can cut publicly funded affordable housing timelines from 18 months to three months. The measure also establishes an affordable-housing fast track for 12 community districts that have permitted the least affordable housing. Those districts are largely suburban-leaning areas in eastern Queens, south Brooklyn, and Staten Island. The measures will make some of Mamdani’s housing goals easier to achieve.
Read at Fast Company
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