|Photo by Paul Sableman|
The mayor has some good options—if creating affordable housing is really his goal.
New mayors, like new presidents, often start their administrations with signal actions. New York City mayor Bill de Blasio has had several, including limiting expansion of some charter schools and pushing to raise taxes on the wealthy to pay for expanded pre-K education. On housing policy, about which the new mayor professes to be “deadly serious,” he has pressured the redeveloper of the derelict former Domino Sugar refinery on the Brooklyn waterfront to increase—from 20 percent to 30 percent—the number of apartments set aside at below-market prices.