Vanbarton Group LLC’s Post

State officials estimated the entire housing package would spur around 200,000 new housing units over the next decade. The package would also provide incentives for converting commercial office buildings into housing and it would remove a state density cap on residential buildings. That would allow city officials to zone for taller structures in new parts of the city. On “good-cause”: Newly constructed units would be excluded for 30 years, and the exemption would apply retroactively to units built as early as 2009. Units in small owner-occupied buildings are exempted, as are dwellings where the landlord owns 10 or fewer units across an entire portfolio. Units above a certain rent threshold would also be excluded, but the exact level was still being negotiated. #485x #421a #housing #development #nyc

Veteran Housing Corp applauds all efforts to build affordable housing but would challenge the US Congress and every local, state, and federal housing agency or affordable housing developer to do better in 2024 and beyond. Veteran Housing Corp demands permanent affordability for all projects receiving government funding, subsidies, tax credits, or other incentives! Veteran Housing Corp demands transparency and every local, state, and federal government agency and other stakeholders MUST provide answers to questions about the housing projects that are built with government funding, subsidies, tax credits, or incentives, including the following: 1. How much funding, federal tax credits, or government benefits or incentives from all government sources did the projects receive? 2. What is the affordability period for each project? 3. What guarantees exist that tenants will not be displaced after the "affordability period expires? Every local, state, and federal housing authority and affordable or workforce housing stakeholder should adopt the State of Vermont's "permanent affordability" policy as a model for all future government funded or subsidized housing projects or developments, no exceptions! https://lnkd.in/eFEUC8c8 Additionally, local, state and federal housing agencies should look to the Helsinki, FINLAND MODEL of ending homelessness by providing affordable housing for all 'It’s a miracle': Helsinki's radical solution to homelessness https://lnkd.in/er9HZSQU U.S. Department of Housing and Urban Development AGREES THAT adopting FINLAND'S MODEL OF ERADICATING HOMELESSNESS may be of great value to resolving the affordable housing and homelessness crises in America https://lnkd.in/gkSZWYRU

New York Housing Becomes More Unaffordable For Average Workers Contact me to discuss the latest scoop in real estate! #newyorkrealestate #newyorkrealestateagent #newyorkrealestatebroker #longislandrealestate #nyrealestate #realestatenyc #realestateny #newyorkrealtor #nycbuildings #housingmarket

🏡 As the demand for affordable housing grows, so does the competition for available units. Are you prepared for the challenges and opportunities in this dynamic market? Here are some key insights to consider: - Overwhelming demand: Thousands of applicants vying for limited affordable housing units highlight the pressing need for more accessible housing options. - Rising interest: Strong interest and quick fill-ups indicate a significant demand for affordable housing, emphasizing the importance of expanding such initiatives. - Price range: Understanding the income brackets and rental costs associated with affordable housing units can help tenants plan their budgets effectively. The real estate landscape is evolving rapidly, with affordable housing projects like The Nest, Riverview6, and Bradenton Lofts attracting keen interest. Stay informed, stay proactive, and be ready to navigate this competitive market effectively. #AffordableHousing #RealEstateTrends #MarketInsights #FloridaHousing #CommunityDevelopment #HousingSolutions

The demand for affordable and diverse housing options in Pittsburgh is as high as ever. But very few new housing types are being built except for huge apartment buildings and single family houses. The answer, more “missing middle” housing! “Missing middle” housing, like duplexes, quad-plexs, and townhouses offer a solution by providing affordable, scalable options that blend into existing neighborhoods without altering their character. This is common throughout the country, where only 10% of new housing includes missing middle types, despite 43% of Americans preferring walkable neighborhoods. #HousingCrisis #UrbanPlanning #AffordableHousing https://lnkd.in/eH34s8Ha

Doing density well can create quality by providing a resident population that supports local businesses and thus local amenity and sustainable transport. It can be built at a scale that supports structural timber and simpler building infrastructure. The resident population can facilitate community and a manageable OC scale for economic efficiency and effective decision making. Can balance built form and green space / pleasant public realm experiences. And reduce urban sprawling without creating vertical sprawl, to ensure existing residents quality of life is not compromised, in fact it is improved.

This is an insightful article in The Times UK UK on NYC’s innovative approach to housing. Thank you Times for including a quote from me. Here are the key takeaways: ➡️ NYC’s Office Conversion Accelerator Program is transforming empty offices into residential spaces. ➡️ An estimated 135 million square feet of vacant office space could become 20,000 new housing units. ➡️ The initiative aims to address the decades-long housing crisis by reactivating business districts and providing homes. ➡️ Affordability remains a concern, with a focus on ensuring rents align with neighborhood median incomes1. The program is a response to a 1.4% vacancy rate for rental apartments, the lowest since 1968. This move represents a significant step towards sustainable urban development and a brighter future for New York City. The residential market continues to escalate in activity with interest rate cuts on the horizon & more sellers coming to market. Thank you Sphere Estates for facilitating the interview and quote. Robert Green Oliver Pugh - Anne my partners Alexandre Lacroix & The Hudson Advisory Team for the data and insights. #nyc #nycrealestate #luxuryrealestate #officemarket

Check out this compelling stat! If only 1% of single family homes in Toronto were converted to middle housing, it would yield an additional 44,000 homes - equivalent to 144 new high rise towers! The impact of middle housing goes beyond numbers; it creates more diverse, vibrant, and accessible communities. Cities across North America are recognizing this and exploring innovative solutions to address the housing crisis. Let's join the conversation. #housingcrisis #urbanplanning #communitybuilding mddl source: (https://lnkd.in/gN4e6Dvi)

Is Rent Control Helping or Hurting NYC? The debate over rent control in New York City is more heated than ever. Proponents argue that it protects tenants from skyrocketing rents and displacement, ensuring affordable housing in one of the most expensive cities in the world. However, critics claim that rent control policies lead to reduced housing supply, neglected property maintenance, and a market that ultimately discourages investment and innovation. As NYC grapples with its housing crisis, is rent control the solution we need, or is it exacerbating the problem? How can we balance the need for affordable housing with the need for a healthy, dynamic real estate market? #NYCRealEstate #RentControlDebate #AffordableHousing #HousingCrisis #RealEstateInvestment

Did you know that nearly half a million homes could be built across London on land that currently lies derelict amid a worsening housing crisis in the capital? 😳 London’s brownfield space, defined as ‘previously developed plots of land that are no longer in use’, could accommodate a minimum of 414,273 new homes if put into use 🏡 Read more on the worsening crisis here 👉 https://lnkd.in/d-UWCamH #HousingCrisis #LondonHousing #BrownfieldSpace #BrownfieldHousing #HousingIssues #PropertyMarket #HousingMarket