Researchers expect flooding and other extreme weather events to push thousands of people from their homes in the New York region over the next 15 years.
The metro regionβs housing shortage is acute. But by 2040, dozens of neighborhoods and suburbs are likely to have lost thousands of homes to floods, a new report found.
The plan, which rezones parts of the Manhattan neighborhood, aims to address the cityβs housing shortage and the areaβs beleaguered commercial sector.
Hundreds of cities have cut back parking requirements for real estate projects. Thatβs led to more housing development, but it has also resulted in backlash from residents.