It's not enough on its own, but coupled with the $5B funding secured by the council, plus state incentives, we could start to chip away at the 500K new units needed in NYC in coming years.

Our explorations of the texts developing massing models and placing them into context revealed the impact to be modest, contextual, and a welcome addition to the toolkit of possibilities for tackling NYC's current #housingcrisis.

Gothamist today has a nice piece by David Brand which attempts to break down this barrier, showcasing our work at ARExA, w/ Magnussun, & AIANY's Housing Committee, visualizing the potential for new housing production afforded by City of Yes’s proposed zoning changes.
gothamist.com/news/heres-w...

At ARExA and WeWork we studied/test-fit over a hundred of these potential projects—before the pandemic only a handful penciled out, 2 (and a half) got built. Perhaps in this post-pandemic commercial real estate environment the numbers may tell another story?

C) equaling a total (embodied+operating) reduction of Carbon emissions of 11M tons by 2050–the equivalent of removing 2.3M cars from the roads.

B) But, taking that 150M as a case study, ** that bldg stock would, on average, produce 54% lower carbon emissions than building the same housing ground up

A) City of Yes would open up the possibility of converting 150M sqft of class B office space (not a projection—just potential, projections of actual conversions currently are closer to 20M sqft)

I was particularly struck by Tess McNamara’s (Arup) talk on the carbon story of O2R.
Her research at Arup has found that:

This is a big step forward in our fight to make this city affordable, but there is one more hurdle to pass and that is the full council vote expected Dec 5. Make your voice heard and tell you council member to support City of Yes.

I’m proud to have worked with the AIANY Housing and Advocacy committees and the City Council to help unpack the potential impacts of this plan on neighborhoods around the boroughs.

In the negotiations, some good, and some losses came out of it—but the best news is the $5B in funding (including $1B commitment from NY State) which will go toward building Affordable Housing and, importantly, the infrastructure to support it.