De Blasio Sets Ambitious Goal for Affordable Apartments – NYTimes.com

http://mobile.nytimes.com/2014/01/23/nyregion/de-blasio-sets-ambitious-goal-for-affordable-apartments.html?from=homepage

Preserving affordable units, whatever that means, does not address a single fundamental feature of the housing market and benefits only a lucky few.  Preserved and built is useless.  Only built matters. 

That said, the tax on vacant land is a fantastic idea and one that has been used to spur development and end Brownfields in several Pennsylvania cities. 

The 4 block hole in the ground on 1st Ave between 38 and 42 needs to be built on.  Taxes will cure that.

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