Zoning and housing in focus (photo: Michael Appleton/Mayor's Office)

Zoning is often discussed like it’s an occult force with mystical powers. I’ve spent decades overseeing New York City’s zoning, and I promise, it’s not magic. It’s an important planning tool to direct where the housing, jobs, and other facilities the city needs can be added, but its mystique can obscure important realities. 

The misuse of zoning, often driven by good intentions, is a major cause of the structural housing shortage that drives up housing

Housing focus (photo: Ed Reed/Mayoral Photography Office)

Affordable housing construction in New York has declined significantly in the last few years in the wake of COVID-19 through a combination of factors including higher interest rates, inflation and supply chain instability resulting from the overall disruption of the pandemic. But a key factor that real estate developers, city and state government officials, and many housing advocates cite is the expiration of the state’s 421-a property tax exemption for the construction of affordable housing as part of larger rental housing developments.