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New York’s Environmental Review Reform Isn’t the Threat Critics Claim
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Commercial Observer
SEE ALSO: David Martin to Replace Henry Bott as Swire Properties PresidentThe targeted reforms to the State Environmental Quality Review Act (SEQRA) included in Gov.
That claim may sound alarming, but it misunderstands both SEQRA and how housing development works.
Importantly, these reforms do not eliminate environmental review or local input.
Critics have also suggested that any SEQRA reforms should extract additional affordability or community benefits in exchange for streamlining.
But affordable housing developments already operate under layers of regulatory agreements, income restrictions, design standards and long-term compliance obligations.