New York City Mayor Eric Adams has issued an order to figure out what city-owned land would be best for housing development. The city is currently tackling an affordable housing crisis, as it struggles with a rental vacancy of just 1.4%
The order from Adams requires all city agencies from the New York City Police Department to the New York City Department of Parks and Recreation to look for city-controlled land that could be transformed into housing.
This is all part of a broader initiative by the Adams administration. The goal is 500,000 new homes by 2032 to help with that housing crisis. Mayor Adams emphasized that his administration is leaving “no stone unturned” in the quest to alleviate the housing shortage.
Projects like a recent rezoning in the Bronx will yield about 7,000 new homes, 1,700 of which are said to be below market rate.
The order also establishes a task force that will assess city-controlled land for housing potential and provide guidelines for agencies to support housing production.
Officials said they’ll explore every option, from garages to libraries, in order to deliver on their pledge to build half a million homes by 2032.
