What Does City of Yes Mean?
Photo Credit: THANANIT - stock.adobe.com This blog discusses content also covered in our new podcast, available here . We all know the cliché: “If you can make it in New York City, you can make it anywhere.” But for far too many New Yorkers, prosperity and success remain out of reach, exemplified most poignantly by the city’s dearth of affordable housing. To combat this growing crisis, Mayor Eric Adams proposed the “City of Yes” initiative. This blog post will examine its aims, potential benefits and whether it will be sufficient to solve New York’s housing crisis. What Is The City of Yes? According to the municipal government website, the City of Yes is a three-part plan to revise zoning laws, which haven’t been updated since 1961, to promote environmental sustainability, economic opportunity and, of course, increase the number of affordable housing units available. [ 1 ] These complex plans are intended to address a wide range of interconnected issues th...