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Village Preservation says SoHo–NoHo rezoning projections have not produced promised housing; group releases evaluation
Summary
Village Preservation released a report comparing the city’s housing projections for the SoHo–NoHo rezoning to development that has occurred three years after approval. The report finds no affordable housing units built in the period and alleges developers used loopholes to produce commercial and luxury housing instead of projected housing units.
Village Preservation presented a report at Manhattan Community Board 2 assessing the outcomes of the SoHo–NoHo rezoning three years after approval. The organization compared the city’s original development projections with actual results and concluded the projections…
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