#NYChousing Day 6: Transferable Development Rights

Should the next mayor permit more distant transfers of unused development rights to support the development of affordable housing?

WHY IT MATTERS: In a very dense city with a significant need for affordable housing, unused development rights are an important potential source of additional capacity. Wider transfer of development rights would support the development of affordable housing. Many communities, however, fear the increased density that additional transfers would create.

Read the #NYChousing TDRs brief or read the entire #NYChousing series to date.

The #NYChousing series identifies 10 key affordable housing issues that will confront the next mayor of New York City, aiming to inform the public about the tradeoffs involved to the public debate by providing an objective analysis of the pros, cons, and questions the mayoral candidates should address head-on. Between August 20th and August 29th we will be releasing daily issue briefs about these key issues (see the topic schedule here.). We will also be hosting daily twitter conversations on the topic of the day at 11 AM ET. Follow us on Twitter at @FurmanCenterNYU.