The citymeetings.nyc logo showing a pigeon at a podium with a microphone.

citymeetings.nyc

Your guide to NYC's public proceedings.

Q&A

Challenges in senior housing development and SARA program wait times

1:16:40

·

76 sec

Council Member Susan Zhuang expresses concerns about the long wait times for senior housing development through the SARA program and asks if there are ways to expedite the process.

  • Commissioner Cortés-Vázquez explains that the long wait times are due to market forces, with a 1% vacancy rate creating a supply and demand issue.
  • The discussion touches on the need for the city to build more affordable housing for older adults.
  • Alternative solutions such as ADUs (Accessory Dwelling Units) and co-living are mentioned as potential shorter-term solutions to address the massive housing issue for older adults.
Susan Zhuang
1:16:40
And, also, right now, I'm proposing a place in my district building senior housing But the the SARA program is takes so long.
1:16:52
5 years, is there any way
Lorraine Cortés-Vázquez
1:16:53
times it takes 8 years for someone to be on the list before they get an apartment?
1:16:57
Yeah.
Susan Zhuang
1:16:57
Yeah.
1:16:58
Is is there any way we can do something to push that?
Lorraine Cortés-Vázquez
1:17:03
You know, the market the market determines when you have a 1% vacancy rate.
1:17:08
Supply and demand.
1:17:09
Supply supply and demand.
1:17:11
You know, it's pure good old economics.
1:17:13
It's, you know, it's it's it's unfortunate, but that's the reality that we live in.
1:17:19
Yeah.
Crystal Hudson
1:17:19
I mean, we do need the city to build more affordable, you know, housing for older adults.
1:17:24
But Right.
1:17:26
Short of a Anyway, that's a
Tara Klein
1:17:29
And I think I think I think
Lorraine Cortés-Vázquez
1:17:30
the direction with the city of yes.
1:17:32
I think some of the directions that we're going with as a city thinking about a ADUs, you know, alternative units.
1:17:40
Right.
1:17:40
You know, I mean, co living.
1:17:43
You know, all of those are shorter term solutions for this massive issue that we have.
Crystal Hudson
1:17:50
Absolutely.
1:17:52
Any any other questions, council member?
Susan Zhuang
1:17:54
That's it.
1:17:54
Okay.
1:17:55
She already read my mind.
Citymeetings.nyc pigeon logo

Is citymeetings.nyc useful to you?

I'm thrilled!

Please help me out by answering just one question.

What do you do?

Thank you!

Want to stay up to date? Sign up for the newsletter.