Mayor Adams Directs City Agencies To Identify City-Owned Land For Potential Housing Development
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NYC Mayor Eric Adams today announced the issuance of executive order 43 requiring city agencies to review their city owned and controlled land for potential housing development sites. As New York City faces a generational affordable housing crisis with just a 1.4 percent rental vacancy rate, the Adams administration is proposing bold, forward-thinking solutions and using every possible…
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