Exposing the City’s False Affordable Housing Claims for SoHo/NoHo/Chinatown Rezoning
Village Preservation continues to analyze and debunk the false and misleading claims made by the City in their massive SoHo/NoHo/Chinatown upzoning proposal, and to share our findings with decision-makers, allies, and the public. Most recently, we wrote city officials highlighting the patently untrue claims regarding the threat the rezoning poses to rent-regulated affordable housing in these neighborhoods. In spite of the City’s claims to the contrary, we found that:
- Landlords and developers know they can eliminate rent-regulated units by demolition, which this plan offers huge financial incentives for them to do
- Many more of the rent-regulated units in the rezoning area would be threatened with and vulnerable to demolition than the City claims
- Rent-regulated units in the Chinatown section of the rezoning (which has the highest concentrations of lower income and Asian American residents) would be made especially vulnerable, with 100% of the units made vulnerable to demolition under the City’s plan, by their own definitions of vulnerability
The City has consistently provided misleading, incomplete, or just plain false information about the rezoning and its impacts throughout this process, which we have consistently rebutted and refuted. Read our other pieces here:
- The Many Ways de Blasio’s SoHo/NoHo Plan Encourages Developers to Build Without ANY Affordable Housing
- Upzoning SoHo and NoHo: Why the City’s Rezoning Plan Will Decrease Socio-Economic Diversity and Reduce Net Affordable Housing
- Mapping the Incentive to Demolish Rent Regulated Affordable Housing in the SoHo/NoHo Rezoning
- Mapping the Disproportionate Impact of the SoHo/NoHo Rezoning Plan on Asian Americans
- SoHo/NoHo Upzoning: The City’s Willful Disguising of Demographic Data
- Utterly Out of Proportion: The Grossly Oversized Development the City’s Plan Would Allow
- The 25,000 Sq ft Exemption: The “Mandatory Inclusionary Housing” Loophole Likely to Result in Little or No Affordable Housing in SoHo and NoHo
TO HELP:
September 16, 2021