City kickstarts Long Island City rezoning to build 14,700 homes
Briefly

Long Island City is embarking on a significant rezoning process affecting a 54-block area, which will facilitate the construction of approximately 14,700 new homes over the next decade, including 4,300 designated as income-restricted units. This shift will allow residential development where previously only industrial use was permitted and provide room for 3.5 million square feet of commercial space. The plan is rooted in a broader vision to enhance community spaces and create a unified waterfront. Historical attempts to redevelop the area underscore the potential for renewed growth following years of stagnation.
The city is set to start a rezoning process in Long Island City that aims to enable the construction of 14,700 new homes over the next ten years.
This initiative represents a shift in zoning laws to allow residential developments in areas historically reserved for industrial use, fostering further community growth.
Read at therealdeal.com
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