3 Things You May Have Missed In De Blasio's Housing Plan

Law360, New York (May 15, 2014, 8:46 PM EDT) -- New York City Mayor Bill de Blasio's new affordable housing plan has been both lauded and criticized for its proposals to increase density and streamline the development process, but experts say some of the less-publicized measures could also have major impacts on the real estate community.

De Blasio released the highly anticipated plan to build or preserve 200,000 affordable housing units over the next 10 years during a press conference last week, emphasizing a commitment to negotiating an affordable housing component at just about every new development in the city over the next decade.

Developers and their attorneys have been largely...

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