Eric Adams Says Yes to City Real Estate Development — If Only the Council Could Agree
Chair of Herrick's Land Use & Zoning group, Mitchell Korbey, was quoted in The City discussing Mayor Eric Adams' plans for new zoning rules, pending Council approval. The article stated: "The mayor’s office summarized three concepts for amendments to the city’s zoning code, which sets ground rules for real estate development. One would be intended to spur economic growth, another to encourage more housing, and the last to facilitate 'carbon neutral' public works such as energy storage." His proposal, entitled "City of Yes," included developing charging stations for electric cars and re-purposing vacant office spaces to residential apartments.
Mitch affirmed, "We need to find ways to reuse and adapt[.]" He highlighted, "The idea that buildings can have a second and third life – isn’t that a good thing?"