Fewer Parking Spaces Means More Affordable Housing, NYC Planning Department Says

July 6, 2015 | Liam Mathews

The New York City Department of City Planning has recommended that parking requirements be eliminated for affordable and senior housing at locations within a half-mile of a subway station. Affordable housing is more important than parking, especially for people who live in affordable housing and don’t have a car, which is a majority. According to affordable housing advocacy organization the New York Housing Conference, only 5% of seniors living in affordable housing in what are called “transit zones” own a car. Despite this low number, buildings with more than 100 units are required to have a parking lot with 25 spaces. Doing away with this requirement could free up spaces for new homes for thousands of people.

infographic_jul6_2015Image: New York Housing Conference

(Photo: Nick Normal)