NEW YORK (CBSNewYork/AP) — Mayor Bill de Blasio used his second State of the City speech Tuesday to outline an ambitious plan to build hundreds of thousands of new affordable housing units in New York City.
De Blasio said his plan, which would include building 160,000 market-rate apartments and building or preserving 200,000 affordable housing units, would be a big step toward fulfilling his campaign promise to narrow the divide between New York City’s rich and poor — what he called the “tale of two cities.”
“If we do not act — and act boldly — New York risks taking on the qualities of a gated community,” de Blasio said during his speech at Baruch College. “A place defined by exclusivity, rather than opportunity. And we cannot let that happen.”