"However, Mamdani may encounter increased intergovernmental challenges at the federal level, even though his first meeting at the White House with President Donald Trump appeared congenial. While Mamdani's housing policies are more closely aligned with those of former Mayor Bill de Blasio's left-leaning administration than with the outgoing centrist Mayor Eric Adams' administration whose City of Yes program liberalized zoning ordinances and provided significant incentives to developers spurring recent commercial development there are stark differences."
"De Blasio's finance-and-zoning' vs. Mamdani's power-and-protection' De Blasio approached affordability via large-scale targets that mobilized public and private balance sheets: mandatory inclusionary housing tied to rezonings, long-term preservation financing, and steady budgetary allocations to subsidize deeper affordability. Those frameworks relied on public dollars earmarked to leverage private capital on zoning to capture equity for regulated units. The approach kept production coalitions intact but often produced cross-subsidy affordability bands that critics clamored were unevenly distributed."
Zohran Mamdani intends to center New York City housing policy on affordability through tenant-side protections, rent freezes, and nonprofit-first acquisition pathways that promote tenant ownership. The approach represents a pivot from prior large-scale, finance-and-zoning strategies that relied on inclusionary zoning, public subsidies, and private capital to produce regulated units. The outgoing City of Yes zoning liberalizations and developer incentives contrast with the incoming emphasis on power-shifting regulation. The administration may face intergovernmental challenges at the federal level despite an initially congenial White House meeting. The legal and political consequences of the shift are likely to be immediate and consequential.
Read at www.amny.com
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