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KieranSingh2001SecondEssay 4 - 19 Apr 2024 - Main.KieranSingh2001
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| | | In 2023, the median rent in Manhattan reached $4,200. In Brooklyn, it was $3,500. Multiply those numbers by twelve and one can more clearly see the problem. On average, it costs fifty thousand dollars just for housing in Manhattan. Moreover, the population of manhattan has declined significantly in the last one hundred years, and, while I would not assume causation here, I would wager that there are far more people that want to live in Manhattan than can.
Zoning Laws | |
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< | Manhattan zoning laws are not | >
> | Manhattan zoning laws are complicated, and not based exclusively on heights or units. In Manhatttan, at least, the amount that can be built is a function of the size of the property itself. The ratio between the total floor area of a building and the area of the plot of land is limited. For example, in an area with a maximum ratio of 6, a building that covers the entire plot can only consist of 6 stories. In areas of manhattan, including my current neighborhood of morningside and my future neighborhood of Hell's Kitchen, residential areas are zoned as "R8," which means that the maximum floor to area ratio is 6, with special exceptions for affordable housing developments. Other residential areas in Manhattan are zoned as "R7" or "R9," allowing slightly lower, and slightly higher ratios, respectively. In many areas of brooklyn | | | Rent Stabilization
Currently, around a million units in NYC are rent stabilized, meaning that landlords can only increase rent by a certain percentage each year, and that the landlord cannot refuse to renew the tenant's lease. More expansive policies were adopted in [x] when |
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