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Open New York
@opennewyork.city
Grassroots group of pro-housing activists aiming to fix the housing shortage in NYC 🏘 🏙 Won’t you be our neighbor?
503 followers1 following90 posts
ONopennewyork.city

NEW: The White House just released a new report that singles out NYC for its long permitting times for new homes 🏠 How long does it take to permit a new home in NYC? 2 years, adding $50,000 (!!!) to the cost of every new home. A short 🧵

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ONopennewyork.city

Like much of the US, New York is experiencing a dire housing shortage. One factor is our lengthy permitting and review process. But according to a new report from the White House CEA, New York takes an average of 2 years to permit new homes.

Among large multi-family projects subject to discretionary permitting, the median time spent in the permitting process in recent years was 7.5 months in Boston, 8 months in Oakland, 13 months in Los Angeles, 16 months in Seattle, 30 months in New York City, and 33 months in San Francisco. These numbers may understate the burden since they exclude projects that never receive approval. In New York City pre-certification and environmental review alone often take nearly two years. In California, environmental review lawsuits sought to block the permitting of 48,000 proposed units — nearly half of all proposed units – in 2020 alone. Even for projects that are ultimately greenlit, construction cannot begin until litigation is completed, typically in four to five years.
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Open New York
@opennewyork.city
Grassroots group of pro-housing activists aiming to fix the housing shortage in NYC 🏘 🏙 Won’t you be our neighbor?
503 followers1 following90 posts
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