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Gov. Kathy Hochul and Mayor Eric Adams celebrate at City Hall the Council passing the City of Yes housing plan, Dec. 5, 2024. -Photo by Ben Fractenberg/THE CITY Splitting 31 to 20, those voting in favor cited the high cost of housing, while opponents raised concerns about funding and who will ultimately benefit.  This Article originally appeared in The City.  By Samantha Maldonado Follow @x NEW YORK - A divided City Council gave the go-ahead Thursday on an update of the city’s zoning codes projected to create new capacity to construct up to 80,000 new residences over the next 15 years. The Council voted 31 to 20 to advance Mayor Eric Adams’ City of Yes for Housing Opportunity agenda — with some members saying they were moved to approve the package after obtaining concessions from the mayor’s original plans. The overhaul aims to address a housing shortage that has given New York City its lowest rental vacancy rate since ...

  Eliminating mandates to create spots for cars is key to creating more apartments in the mayor’s sweeping City of Yes proposal heading to a crucial vote Thursday — but a compromise that could halve new housing is in the works.  This article originally apeared in The City. By  Samantha Maldonado NEW YORK - Parking has emerged as a central focus of negotiations on Mayor Eric Adams’ sweeping package of proposed development reforms ahead of a crucial City Council committee vote last Thursday. The City of Yes for Housing Affordability proposal, which aims to ease up rules to spur more residential development, is projected to create between 58,000 and 109,000 new units of housing over the next 15 years. But realizing those numbers largely depends on a part of the proposal that eliminates requirements for developers to build specified numbers of parking spots. Whether — and where — to mandate parking or to make it optional is in flux as Council membe...