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TESTIMONY

Marjorie Velazquez, Vice President of Tech:NYC, on City of Yes for Housing Opportunity and its impact on tech talent retention

2:59:58

·

147 sec

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Marjorie Velazquez, former city council member and current Vice President of Tech:NYC, strongly supports the City of Yes proposal to address New York City's housing crisis. She emphasizes how the high cost of housing affects the tech sector's ability to attract and retain talent, and argues that increasing housing supply will benefit all New Yorkers.

  • Velazquez cites a recent Tech:NYC and Streetsense report highlighting the tech sector's struggle to attract talent due to housing costs
  • She argues that City of Yes will create more affordable housing options, fostering diverse communities and supporting essential workers
  • Velazquez addresses concerns about neighborhood impact, noting that the proposal includes community input and context-sensitive planning
  • The housing crisis is making it difficult for the tech sector to attract and retain talent
  • Increasing housing supply, particularly affordable housing, will create a more inclusive city
  • City of Yes will make NYC more accessible to essential workers like teachers, nurses, firefighters, and sanitation workers
  • The proposal will foster innovation and economic growth by ensuring talented individuals can afford to live in NYC
  • Mixed-income housing creates more diverse and vibrant communities
  • The proposal is not one-size-fits-all and incorporates community input and context-sensitive planning
  • The status quo is not an option, and City of Yes is a bold step towards making NYC more affordable and accessible

[EXPERIMENTAL]

Which elements of City of Yes for Housing Opportunity were discussed in this testimony?

  • UAP

The following are AI-extracted quotes and reasoning about which elements of the proposal were discussed in this testimony.

This is a quick, close approximation. Occasionally, the connection between a testimony's transcript and specific elements of City Planning's proposal is tenuous.

Read about this AI-generated analysis here.

UAP

"The city of YET's proposal offers a much needed solution by increasing the supply of housing, particularly next income housing, we can create a more inclusive city that benefits everyone."

This quote indicates discussion of the UAP element, as it mentions increasing the supply of housing, particularly affordable housing, which aligns with the UAP's goal of adding more affordable housing in high-demand neighborhoods.

"Here's why I strongly support the city of yes, increase affordability, more housing options, including those debts, like, needed as affordable, will drive down overall housing costs, making us to be more accessible to teachers, nurses, firefighters, sanitation workers, and the countless others who keep New York City running"

This quote further supports the discussion of the UAP element by mentioning increased affordability and more housing options, particularly affordable ones, which is a key aspect of the UAP proposal.

About this analysis:

This analysis is done by AI that reasons whether or not a quote from the testimony discusses a particular element of the proposal.

All the prompts and data are open and available on Github.

You can search for testimonies that mentioned a specific element in the table on the main meeting page.

When an element is explicitly stated in the testimony (e.g. "Universal Affordability Preference" or "UAP"), the analysis is accurate.

But the connection between a quote from the testimony and an element of the proposal is sometimes implicit.

In these cases, the AI might eagerly label a testimony as discussing a proposal when the connection is tenuous, or it might omit it entirely.

↗ Why are there transcription and diarization errors?
Marjorie Velazquez
2:59:58
Good afternoon.
2:59:59
Chair of Goran Nick and language of the commission.
3:00:01
My name is Margery Velasquez, and I stand before you today into capacity.
3:00:04
Firstly, as a former city council member, deeply familiar with the troubles of ours to these residents to find affordable housing.
3:00:11
Secondly, as a vice president of tech NYC, a leading technology industry organization, In both roles, the housing crisis has been a constant concern.
3:00:20
Recently, tech and YC partnered with Streisie to release a report that needed to start fiction.
3:00:25
The tech sector, a major driver of our cities economy, is struggling to attract and retain talent due to the exorbitant cost of housing.
3:00:33
Young professionals, even those with promising careers are priced out of the market, forcing them to relocate or forgo living in New York City altogether.
3:00:41
We want people building technology in New York City to build their families here too.
3:00:46
This isn't just a tech problem.
3:00:48
It's a city wide crisis.
3:00:50
The city of YET's proposal offers a much needed solution by increasing the supply of housing, particularly next income housing, we can create a more inclusive city that benefits everyone.
3:01:01
Here's why I strongly support the city of yes, increase affordability, more housing options, including those debts, like, needed as affordable, will drive down overall housing costs, making us to be more accessible to teachers, nurses, firefighters, sanitation workers, and the countless others who keep New York City running, a thriving tech sector, a robust pipeline of diapers, talent is crucial for the continued success of our tech industry.
3:01:25
City of Yes will ensure that talented individuals can afford to live here, fostering innovation, economic growth.
3:01:32
Vibrant communities makes income housing creates a more diverse and vibrant city experience.
3:01:36
It fosters a sense of community and allows people from all walks of life to live side by side.
3:01:42
I I understand that there are concerns about the impact on existing neighborhoods.
3:01:46
However, if the city of yes is not a one size fits all solution, and I appreciate the community input and the contact sensitive planning that have gone to this process.
3:01:57
Immunity and contact sensitive plan are essential.
3:02:01
We can create new housing opportunity while preserving the unique character of our neighborhoods.
3:02:06
The status quo is simply not an option New York City is a city of dreams, but for too many, the dream of living here is becoming increasingly outreach.
3:02:14
City of yes is a bold step towards ensuring that the dream remains attainable for all.
3:02:19
So patient for your time in consideration and that encourage you to approve this critical proposal.
3:02:24
Thank you.

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