Councilman Joe Borelli: Understanding NYC's Affordable Housing Crisis

On this episode of Closed! Mike and Lee chat with Councilman Joe Borelli, the Council Minority Leader from Staten Island, about NYC's affordable housing crisis. The conversation focuses on why it's so difficult to construct new units in NYC, how the end of 421a is affecting development, and potential compromises between the right and left on housing issues. They also discuss why so many rent stabilized units are vacant, why Brooklyn is leading the way in new development, and NYC's implementation of local law 97. It's an interesting conversation and we appreciate Councilman Borelli giving us some of his time and weighing in on these important issues.Joe Borelli is the Minority Leader of the New York City Council who represents the 51st Council District, which encompasses Staten Island's South Shore,To find out more about Bergstein Flynn Knowlton & Pollina PLLC, visit our website at bfkplaw.com. Hosted on Acast. See acast.com/privacy for more information.