The mayor and city officials hope to cut city approval times in half.
Make your contribution now and help Gothamist thrive in 2023.Mayor Eric Adams announced a new effort on Thursday to turn empty offices into needed housing more quickly — while also detailing a timeline for plans to transform a swath of Midtown into a “24/7” community.
Adams also said the city will be amending zoning language for buildings built before 1990 to allow for residential conversions — and office-to-residence conversions in areas already zoned for housing — after a public review process next year. New York City has less than 5% of apartments vacant and available to rent, according to the city’s most recent housing survey. Low-income New Yorkers are bearing the brunt of the crisis, with less than 1% of units priced below $1,500 a month empty and on the market.
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