Category: Affordability

Tax on the option? Part 3, Rules that are holding us back

31 March, 2014 (13:22) | Affordability, de Blasio, Development, Economics, Housing, Land use, Local issues, Markets, New York City, Real estate taxes, Zoning | No comments

[Continued from yesterday's Part 2 and the preceding  Part 1.]   By:David A. Smith   What can I introduce next?   During my continuing ruminations in the two preceding parts on new Mayor Bill de Blasio’s proposal, one of a very whirlwind of ideas he has summoned for the New York media (such as real-estate-related […]

Tax on the option? Part 2, Supplying clean air and light

28 March, 2014 (10:00) | Affordability, de Blasio, Development, Economics, Housing, Land use, Markets, New York City, Real estate taxes, Zoning | No comments

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday’s post, via the Gotham-centric Crain’s New York (November 24, 2013), introduced a proposal by then-candidate and now mayor Bill de Blasio that vacant parcels would be assessed for real estate tax purposes not on their current use, nor on their eventual use if developed […]

Tax on the option? Part 1, A long-running and counterproductive loophole

27 March, 2014 (09:00) | Affordability, de Blasio, Development, Economics, Housing, Land use, Local issues, Markets, New York City, Real estate taxes, Zoning | No comments

By:David A. Smith   Whether or not new Gotham mayor Bill de Blasio succeeds in any of his ambitious plans, he is certainly going to be an endless source of blogger’s delight, I can see, for his combination of frenetic intellectual energy, verbal pugnacity, and flair for attracting attention – and the clashes between him […]

And if requiring fail? Part 2, is stronger than its execution

21 March, 2014 (09:00) | Affordability, Affordable Housing, de Blasio, Development, Housing, Inclusionary zoning, Innovations, New York City, Theory, US News | No comments

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday we saw that during his populist redistributionist campaign,  now-mayor of New York City Bill de Blasio claimed he would be able to produce 50,000 affordable apartments, basically for free (i.e. no taxpayer money), through enactment of mandatory inclusionary zoning.  He based this boast on […]

And if requiring fail? Part 1, The threat

20 March, 2014 (10:56) | Affordability, Affordable Housing, de Blasio, Development, Housing, Inclusionary zoning, Innovations, New York City, Theory, US News | No comments

By:David A. Smith   As New York City Mayor Bill de Blasio’s administration starts with a bang (such as his assault on charter schools) and aggressively reversal of many Bloombergian policies (such as stop-and-frisk, which seemed sensible to me), what will he do with housing?   I’m only listening to you until the cameras go […]