The Economics of Mandatory Inclusionary Zoning in New York City

Researchers from the NYU Furman Center will hold a webinar briefing on Thursday, April 2, 2015 to review findings from a report released in late March on mandatory inclusionary zoning. "Creating Affordable Housing Out of Thin Air: The Economics of Mandatory Inclusionary Zoning in New York City" examines the economic potential of a mandatory inclusionary zoning policy to produce new affordable units tied to upzonings in the city’s varied market types. The study considers the role of 421-a, as well as key policy trade-offs including on-site vs. off-site, depth of affordability, and permanent affordability.