Even though the De Blasio administration isworking hardtoaddressthe current affordable housing crisis, theres still a long way to go. Demand for apartments that are under market rate ison the risejust recently, for example, the affordable housing lottery for 325 Kent Avenue in the Domino redevelopment drew in84,000 applicantsfor 104 units.
The Citizens Housing and Planning Council hasconducted a study[PDF!] that explores the feasability of utilizing basements and cellars as an alternate form of housing (h/tCrains New York). Current laws make it difficult and expensive to convert basements into legal apartments.
But the CHPC believes that by creating a pilot programsimilar to what it did with My Micro NY, which led to the Carmel Place micro-housingthe city could work out a way to make the process easier and provide incentives for homeowners who participate.
Read more in Curbed.