Benjamin Kallos
2:31:05
So so I might might ask some of my colleagues who served at city planning.
2:31:09
So what's detailed in my testimony is a issue, which is in order to put up new housing in a city that is largely built, they have to tear down buildings.
2:31:20
And so in my district, there's four, five, and six story buildings that are old and therefore often rent regulated.
2:31:27
So you're losing 80 rent regulated apartments where the rents are anywhere between $80 a month.
2:31:34
I have tenants who are rent controlled who are paying $80 a month to live in this great city, which is amazing, and people paying a thousand.
2:31:42
And then they those, they get moved out, they get pushed out, they get bought out, and then we get a 20 story building or 30 story building with luxury development starting at a million dollars a unit.
2:31:55
Sometimes they have affordable housing in them, so we might get if it's got 40 units, 20% will get eight units of affordable housing.
2:32:03
The city will pay several hundred thousand or a million dollars per unit of subsidized affordable housing.
2:32:09
And so the number issue that you're talking about is between that and the fact that there aren't enough two, three, or four bedrooms in my district, between the loss of the regulated housing and people combining units, that's why you have that number 400 when we had more housing starts than anywhere else.
2:32:28
But in terms of how to help people get more units of affordable housing in their districts, later in my testimony, I suggest doing real honest to goodness community planning.
2:32:40
In Melissa Marcos of Rideau District, who represented more of East Harlem than I did, she funded a group to a community based group to do honest to goodness community planning, and they put forward a community based up zoning.
2:32:56
That up zoning, I think that the speaker at the time felt that city planning did not listen to that, and they came back with their own plan.