Effort to change empty NYC offices to housing still needs approval from Albany

Name: Effort to change empty NYC offices to housing still needs approval from Albany
Uploaded: 2023-03-13T22:06:41Z
Duration: 2 min 19 s
Description: Mayor Eric Adam's strategy to turn some of New York City's thousands of square feet of empty, unused office space into housing is still in need of cooperation from lawmakers in Albany. The city is hoping to encourage property owners to build affordable housing using a large tax break, but state lawmakers must approve it first.

Mayor Eric Adam's strategy to turn some of New York City's thousands of square feet of empty, unused office space into housing is still in need of cooperation from lawmakers in Albany. The city is hoping to encourage property owners to build affordable housing using a large tax break, but state lawmakers must approve it first.

Posted March 13, 2023 6:06pm EDT