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ICYMI: In Case You Missed It
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15K New Homes for Long Island City? Council Approves Major Rezoning Plan

The City Council approved a plan Wednesday to rezone a stretch of Long Island City, including industrial lots where new housing was previously restricted—what officials say will spur nearly 15,000 new apartments in the coming years, as the city struggles to fill a historic housing shortage.

The so-called OneLIC plan will update zoning rules for 54 blocks near the East River waterfront, including along Anable Basin (the inlet where retail giant Amazon once planned its controversial “HQ2” offices.) It’s expected to create more housing than any neighborhood-specific rezoning in the last 25 years, officials said; around 4,350 of the new units will be income-restricted.

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What's ahead this week in housing: Empire State Development will host a public hearing Tuesday on the latest plans for the Atlantic Yards/Pacific Park project in Brooklyn, where a new development team ([link removed]) recently took over.
See more in our weekly NYC Housing Calendar ([link removed])
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