A Whole New Long Island City Is Coming
Briefly

A Whole New Long Island City Is Coming
"After four failed attempts to rezone the neighborhood, City Council voted on Wednesday to approve a plan called OneLIC - a comprehensive rezoning that aims to create 14,700 new units of housing, 4,350 of which will be affordable. (The latter is a record for a single rezoning.) All told, between the plan itself and additional community investments, the project will be a $2 billion investment in the area."
"Won threw her support behind OneLIC after getting the city to sign on to what she described as personal red lines she'd worked out after hearing from her district about what they'd want to see in any major redevelopment. New builds on private sites will fall under Mandatory Inclusionary Housing rules, meaning that they have to set aside 20 to 25 percent for permanent affordable housing."
"In addition to the housing, the city will build new schools and guarantee 1,300 public-school seats to accommodate the rapid population growth in the area, as well as create a public waterfront connecting Gantry Park to Queensbridge Park, which Won says will unite disparate and segregated neighborhoods. The city will also restore Queensbridge "Baby" Park, returning five acres of public space under the Queensboro Bridge to parkland that had been used for decades for city parking and storage."
City Council approved OneLIC, a comprehensive rezoning that will create 14,700 housing units, including 4,350 affordable units, and total about $2 billion in investment. New private-site construction will be subject to Mandatory Inclusionary Housing, requiring 20–25% permanent affordable set-asides, with affordability tiers targeting households under 60% and 40% of area median income. Approximately 1,000 affordable units will be built on publicly owned sites, with 50% of those reserved for households under 50% AMI and subject to an RFP with the incoming mayor. The plan includes 1,300 guaranteed public-school seats, a public waterfront connecting Gantry Park to Queensbridge Park, and restoration of five acres of Queensbridge "Baby" Park.
Read at Curbed
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