At a recent conference organized by the Citizens Housing and Planning Council (covered by the New York Times, Crain’s, and City Limits), we heard a familiar refrain about New York City’s building stock: regulations have not kept up with the times, and there is a shortage of affordable units available for single adults, in particular. The result is widespread illegal conversions and dwellings – anywhere from 100,000 to 500,000, depending on who you ask – which, while mostly tolerated, are obviously not ideal, especially with regards to fire safety….
About Stephen Smith
I graduated Spring 2010 from Georgetown undergrad, with an entirely unrelated and highly regrettable major that might have made a little more sense if I actually wanted to become an international trade lawyer, but which alas seems good for little else.
I still do most of the tweeting for Market Urbanism