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Will New York Real Estate Recover?


Will New York Real Estate Recover?
issue brief
Urban PolicyHousingNYC
Introduction
New York City is well on its way toward reopening. The city has weathered the storm better than some critics had feared, and even the fiscal situation of the city has held up surprisingly well. However, the pandemic has left important challenges in its wake for the next mayor to address.
The biggest of these changes revolves around the future of remote work. In the last few decades, Gotham has reinvented itself as a finance and tech hub for educated and skilled workers. Paradoxically, their jobs are the easiest to do remotely, but they have been, in practice, performed by workers willing to pay high premiums for urban density. [1] ....

New York , United States , New Jersey , Bergen County , West Village , San Francisco , Iris Yao , Stijn Van Nieuwerburgh , Vrinda Mittal , Soho Noho , Jonas Peeters , Arpit Guptais , Peterf Drucker , Manhattan Institute , Savills Research , University Of Chicago , Columbia Business School , Deutsche Bank , York City , New York Metropolitan Statistical Area , New Yorkers , Josh Coven , Financial District , Upper East , Hudson Valley , Grand Central Station ,

Council Members Want More Affordability in Soho/Noho Rezoning


The rezoning of Soho and Noho has hit a speed bump.
Council members Margaret Chin and Carlina Rivera, who represent parts of the areas pegged for the rezoning, want more affordable housing in the plan.
The lawmakers penned a joint statement calling on the Department of City Planning to “come back to the table” and map out a rezoning that “can guarantee the most affordable housing possible for our communities.”
The rezoning relies on the approval of the two members, who also criticized City Planning for its treatment of certain community groups.
“While there has unfortunately been a fair share of fear-mongering and disrespect during this discussion, the outright disregard of groups like Cooper Square Committee and NoHO Bowery Stakeholders from DCP is incredibly troubling to us,” the council members wrote. ....

Rivera Margaret Chin , Soho Noho , Margaret Chin , City Council , Cooper Square Committee , Community Board , Department Of City Planning , City Planning , Carlina Rivera , Village Sun , Village Preservation , Mandatory Inclusionary Housing , Uniform Land Use Review , சோஹோ நொஹோ , மார்கரெட் கன்னம் , நகரம் சபை , கூப்பர் சதுரம் குழு , சமூக பலகை , துறை ஆஃப் நகரம் திட்டமிடல் , நகரம் திட்டமிடல் , கிராமம் சூரியன் , கிராமம் ப்ரிஸர்வேஶந் , சீருடை நில பயன்பாடு விமர்சனம் ,