NEW YORK CITY—During this month's meeting of the B'nai BrithReal Estate division, multifamily developers paid rapt attention tokeynote speaker Carl Weisbrod, chairman of theNew York City Planning Commission. In a speechentitled “Planning Opportunities to Reduce Inequality,” he laid outjust why the city needs more housing—both of the affordable andmarket rate variety—and what his office plans to do to address thatneed.
“We have 59,000 people in homeless shelters and 20,000 of thosecity residents are children,” he said. “For a modern society that'sunacceptable.”
“So we're looking at areas of the city where we think we candevelop in a healthy way and create more housing than what iscurrently allowed. We're eyeing East New York, Flushing West andJamaica.”
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
