Responsible Development to Meet Community Needs

As was done with the Theater District zoning, Ken would propose creating a zone on the Upper West Side to allow our non-profits and religious institutions to sell air rights to developers within a designated area. Such a sale would be coupled with a requirement that the developer either contribute to a “Community Fund” that can use the revenue for capital improvements around the neighborhood, providing dedicated educational, cultural or community space in their property, or set aside a percentage of units for permanent affordable housing. Ken thinks this plan would give the community greater influence in the development of the West Side, which would transform the process into an opportunity for the community at large to profit, and not just developers.