Summary:

NYC Mayor Zohran Mamdani just signed a set of housing-related executive orders.

  • The city plans to step into the bankruptcy proceedings of Pinnacle Realty, pointing to thousands of violations and complaints as well as money owed to the city. Mamdani said the city plans to "seek immediate relief and improve living conditions for Pinnacle tenants."
  • One new task force, LIFT (Land Inventory Fast Track), will look for city-owned land that can be used for housing, with a report due in 2026
  • Another new task force, SPEED (Streamlining Procedures to Expedite Equitable Development), is aimed at cutting red tape in permitting and approvals, focused on making it more affordable to build and easier to access housing across NYC

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[–] 78 points 10 months ago (3 children)

Wait, wait, wait...

A company screws up and ruins itself, and the government concerns itself with the PEOPLE who will be screwed by the irresponsible actions of an unaccountable company, instead of socializing the company's losses and leaving the tenants to fend for themselves?

I never thought I'd live to see it happen.

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    [–] 37 points 10 months ago

    This is the kind of shit you get done day 1 when you have Lina Kahn running your transition team

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  • [–] 9 points 10 months ago (1 child)

    Wow, a report due sometime this year?

    #1 and #3 sound food, and I understand many things require time. #2 sounds like the beginnings of thinking about a plan stuff that lead democrats to rarely actually getting anything done.

    Good day 1. This needs to keep up with week 1 and month 1 culminating in tentpole reforms that are actually rolling out by the end of the year at the latest.

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  • [–] 3 points 10 months ago

    Exactly my thoughts on bullet 2. Is the task force working on other high priority items? Is the city's shit so not together they cannot produce a single list of all properties they own in a week? This is the kind of thing that will fuel anti-Mamdani sentiment.

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  • [–] 13 points 10 months ago (2 children)

    It's a bold strategy, Cotton. Let's see if it pays off for him.

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  • [–] 3 points 10 months ago*
    [–] 0 points 10 months ago

    I now fear the "2nd amendment" folks will suddenly be proactive against the "government".

    He's going to be labeled as a "communist".

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    [–] 72 points 10 months ago

    Now we're talking. First day action, instead of excuses why it can't be done on the first day after promising it for the last few years as a central point of their campaign.

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  • [–] 33 points 10 months ago (1 child)

    The SPEED Task Force (Streamlining Procedures to Expedite Equitable Development) will identify and remove bureaucratic and permitting barriers that drive up costs and slow housing construction and lease-up, making it more affordable to build and easier to access housing across New York City.

    You can bet this is what he talked with Trump.

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  • [–] 9 points 10 months ago

    He's out of the traps and moving fast, doing what he promised, as he promised, in the timeframe he promised. Let's wait for even more accusations from those who haven't delivered what they promised.

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  • [–] 16 points 10 months ago

    Nice acronyms!

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