Q&A
Addressing gentrification and housing affordability concerns
3:30:52
·
94 sec
Council Member Narcisse raises concerns about gentrification and housing affordability, while Daniel Garodnick responds by explaining how the proposed changes aim to address these issues. They discuss the balance between development and preserving community character.
- Narcisse expresses fears about residents losing their homes or being pushed out of their communities due to gentrification
- Garodnick acknowledges the pressures of gentrification and displacement, linking them to the city's housing shortage
- The discussion touches on the need for more housing opportunities to give residents leverage and options
- Garodnick emphasizes the importance of acting now to address the housing crisis
Mercedes Narcisse
3:30:52
I feel like people gonna lose their home thinking that, or they're gonna push out of their community.
3:30:57
Those that have the access will maintain, and those that don't have access will keep on pushing will gonna keep gentrification, gonna continue.
3:31:05
And folks gonna be out of their own little home that they build.
3:31:08
And that's the side, the spot for me, for this process, which I know we have to do something.
3:31:13
But when it comes to some community, we have to carve it in a way to fit for New York City, for those folks that fighting, that's struggling, that's trying their best for us to make sure that we implement.
3:31:26
We put rules and regulation in place to prevent folks from losing their home for decades.
Kevin C. Riley
3:31:32
Thank you, Bob.
3:31:33
Yes.
3:31:33
Remember, this is let me add you to the second round.
Mercedes Narcisse
3:31:36
Yes, please.
Kevin C. Riley
3:31:36
Alright.
3:31:37
Add you to the second round.
Daniel Garodnick
3:31:38
Thank you.
3:31:38
And I think that the most most important point here is pressures of gentrification, displacement are real in New York City.
3:31:45
They are directly related to the fact that we do not have enough housing for people.
3:31:49
Our vacancy rate is dangerously low.
3:31:52
It is a it is something that we have come to accept as a fact of life in New York City.
3:31:58
It is not.
3:31:58
It's a policy choice for us.
3:32:00
We need to open the door for more opportunities for people to live, to have leverage relative to landlords, to have opportunities for homeownerships, to take advantage of an ADU if it will help them avoid foreclosure or even just to generate some wealth for their families.
3:32:15
These are all important tools, and we think that now is a really moment important moment in the middle of a national conversation about housing, consistent with the council's own priorities.
3:32:24
We think this is an important moment for us to act.
