That last bullet point is the most interesting
It the numbers for housing can be reached, over a 10 year period, we’d be looking at a Bloomberg style boom for a decade if all these units actually happen. Even just suppose if it was on average 50 or 60k units a year, that’s pre-Covid levels of boom. Factored in with infill from NE NJ, and it could be sizable. I just hope the current lending/rate environment doesn’t hamper it, or in time, starts to taper off to not make it a tough lending environment.
While not NYC, one of its largest proxies, Newark, amended its land use ordinance. Higher density incoming.
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Build more on less land? Newark zoning proposal angers city residents
By a split vote, the Newark City Council on Wednesday gave its preliminary approval to amendments to Newark’s land use ordinance that would expand the number of streets where apartments are permitted, allow smaller minimum lot sizes for residential buildings, and make other changes to encourage construction at a time when Newark’s real estate market is hot.
The zoning changes proposed by Mayor Ras J. Baraka’s administration could also lead to more affordable housing, thanks to an existing city law requiring newly constructed buildings to set aside a fifth of their units, at capped rents, for people with low incomes.
The council approved the changes on first reading during Wednesday’s 12:30 p.m. regular meeting and could adopt them on Oct. 18.
Council President Lamonica McIver said she believed the administration had listened to residents and incorporated at least some of their concerns into the zoning changes.
”You’re never going to get a 100% perfect ordinance,” McIver said. But, she added, “I think we’re at a comfortable place.”
That said, McIver would not rule out additional modifications before or after the council votes to adopt the changes.
”I think it’s a great start,” she said. “If it comes a time that we have to make changes, no one is afraid of that.”
The council’s vote of 5-2 with two abstentions reflected the controversial nature of the changes. McIver and council members C. Lawrence Crump, Patrick Council, Dupré Kelly and Luise Scott-Rountree voted in favor, with Carlos Gonzalez and Luis Quintana voting no, and Michael Silva and Anibal Ramos abstaining.
The proposed changes, developed by a city consultant, Heyer, Guel & Associates of Red Bank, include permitting a wider variety of uses in a particular area — bars, laundries, pet shops and other commercial uses where only houses had been permitted. They would also increase the maximum height of apartment buildings and reduce the minimum setbacks from the curb, sidewalk or neighboring structures.
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Terrible framing by the publication – zoning reform for more housing is desperately needed for affordable housing and there is a reason these changes are being made around the country. This headline just places the thumb on the scale so much.
There is an update on this. The police caught vandals responsible for smashing train windows.
Jesus, he busted like 100 windows on 45 different trains. That’s such a weird level of dedication to such a dumb thing.
My nephew went to a concert in Albany with some friends this summer. When they got back to the open field designated for parking, they were shocked to find that it was full of cars with the windshields smashed, one after another, after another. 175 of them, all in the row in which they had parked. The friend who drove must have had superior laminate installed because their car was one of the only ones that hadn’t been broken. Zealous teens will get their kicks breaking glass.
Was that at the Altamont Fairgrounds? I spent a chapter of my life living in Albany, and Altamont was a popular venue that required parking in fields.
Not sure, but it was a good 4 hour drive back for them. I saw U2 on Zooropa in Albany but that was back when cars were gas powered and you had to learn to read a map.
A ban has been issued for Brooklyn Bridge vendors.
New ferry service to NY from South Amboy starting on the 30th of October.
https://patch.com/new-jersey/matawan-aberdeen/south-amboy-ferry-service-new-york-city-will-launch-oct-30https://www.tapinto.net/towns/raritan-bay/articles/ferry-service-from-south-amboy-to-new-york-city-will-begin-oct-30
https://www.tapinto.net/towns/raritan-bay/articles/ferry-service-from-south-amboy-to-new-york-city-will-begin-oct-30
Mayor Adams Announces NYC Hits All-Time High in Total Jobs, Recovery of Nearly 1 Million Jobs Lost During Pandemic
October 19, 2023
New York City Mayor Eric Adams today announced that New York City has set a record high for the total number of both public and private sector jobs in city history, with 4,709,400 total jobs, according to new data released by the New York State Department of Labor. With this milestone, the city has regained all of the 946,000 private sector jobs lost during the COVID-19 pandemic — surpassing the previous record of 4,702,800 total jobs set in January 2020 — and marked a new phase in its economic recovery.
Just 22 months into Mayor Adams’ tenure, the landmark moment in New York City’s recovery comes more than a year ahead of Independent Budget Office estimates and just 17 months after the administration released its “Rebuild, Renew, Reinvent: A Blueprint for New York City’s Economic Recovery.” New Yorkers interested in taking the next step in their career through a new job, training, or education can visit the city’s Jobs Ready NYC website.
“In the earliest days of this administration, our team was laser-focused on two connected goals: making New York City safer and accelerating our economic recovery. Today, not only do we continue to be the safest big city in America with overall crime continuing to trend down, but we have also fully recovered from a pandemic that left many counting New York City out by setting an all-time record for total jobs in the five boroughs — an achievement once predicted to take until 2025 or later,” said Mayor Adams.
“This was no accident. It was the result of smart investments in public safety, a dedication to our public spaces and streetscapes, policies to allow businesses to grow, a new approach to workforce and talent development, and an unwavering commitment to the working people of this city. But our work will never be complete until these employment opportunities are shared equitably by New Yorkers in every community. In the months ahead, we will be implementing even more policies to help our small businesses grow, attract major employers from around the world, and put more New Yorkers on the path to a family-sustaining career.”
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Postponed until further notice.
That’s a shame. It’s been a year without any news about the proposed NYC-Elizabeth ferry. But the website is still live, so perhaps there’s some cause for hope.
“If current population trend holds”
Which it won’t and never has. Nothing burger article
At the Daily Mail, they are master clickbaiters.