NYC Mayor Eric Adams to unveil ambitious plan to use public sites across Big Apple for affordable housing projects
Mayor Eric Adams is set to use his State of the City address Wednesday to unveil a new push to use a slew of city-owned properties for affordable housing projects, The Post has learned.
The new plan will make use of public sites across the Big Apple in a bid to advance a total of 24 housing projects by the end of the year, according to an early snippet of Hizzoner’s speech obtained by The Post.
The ambitious project — dubbed “24 in 24” — will create or preserve more than 12,000 affordable homes scattered across the five boroughs, according to the mayor’s office.
“Our ’24 in 24’ plan to create and preserve affordable housing on 24 publicly-owned sites is another example of how we’re doing everything within our control to deliver housing and relief to New Yorkers when they need it most,” Adams said in a statement to The Post.
“Investments like these, once again, deliver on the vision we laid out to protect public safety, rebuild our economy, and make this city more livable for working-class New Yorkers.”
The specific plans for each property weren’t immediately available, though the Adams administration said further details on the projects and sites would be released in the coming months.
Among the locations already tipped to be part of the project is the Grand Concourse Library on 173rd Street in the Bronx and a Staten Island site located on the corner of Canal and Front streets.
At least three of the sites slated to be announced in Adams’ initial plan later Wednesday have already been floated as affordable housing developments, including 388 Hudson St. in the Greenwich Village.
In September, the city’s Department of Housing Preservation and Development had unveiled four potential renderings of the soaring building, which could rise up to 355 feet at the city-owned lot — angering some residents in the quaint neighborhood.
Two other lots in Queens — including the Hunters Point South Parcel E and a parking lot on Ninth Avenue in Inwood — are also HPD-led projects that are among the initial sites included in the mayor’s new plan.
“While we advocate for action in Albany this session and advance our historic ‘City of Yes’ proposal, our administration is tackling the housing and affordability crisis with urgency,” the mayor said his statement.
His plan will coordinate efforts from the HPD, the New York City Housing Authority, the New York City Economic Development Corporation and the New York Public Library.
News of Adams’ plan comes just days after the city agreed to slash its practice of giving residents first dibs on new affordable apartments in their neighborhoods after settling a landmark federal lawsuit that claimed the Big Apple’s housing lottery promoted segregation.
Under the agreement approved Monday by a Manhattan federal judge, the city will soon only set aside 20% of units — down from the current 50% — for those locals vying to win the housing lottery in their own neighborhoods.
In addition to his new housing plan, Adams is expected to use his third State of the City address to touch on crime, jobs and the migrant crisis.
He is set to deliver the remarks at the Hostos Community College in The Bronx from 12:30 p.m.
