NEW YORK CITY—During this month's meeting of the B'nai Brith Real Estate division, multifamily developers paid rapt attention to keynote speaker Carl Weisbrod, chairman of the New York City Planning Commission. In a speech entitled “Planning Opportunities to Reduce Inequality,” he laid out just why the city needs more housing—both of the affordable and market rate variety—and what his office plans to do to address that need.
“We have 59,000 people in homeless shelters and 20,000 of those city residents are children,” he said. “For a modern society that's unacceptable.”
“So we're looking at areas of the city where we think we can develop in a healthy way and create more housing than what is currently allowed. We're eyeing East New York, Flushing West and Jamaica.”
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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.
