Affordable Housing in New York Summit - Home

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Affordable housing is perhaps the most pressing issue facing New York, and Gov. Kathy Hochul and state lawmakers are exploring a range of policies to spur the creation of more housing. In New York City, the Adams administration wants to create 500,000 new homes over the next decade but is grappling with an influx of migrants and a lack of shelters. City & State’s Affordable Housing Summit will explore the various proposals – and their potential for success.

 

Attend

Details

Date
May 09, 2024
Time
9:00 AM - 3:30 PM
Location

Hebrew Union College - Jewish Institute of Religion

1 West 4th Street, New York, NY 10012

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Agenda

Times are subject to change.

9:00 AM EDT Thursday, May 09

Registration & Networking Breakfast

Registration & Networking Breakfast

1 hour
10:00 AM EDT Thursday, May 09

10:05 AM EDT Thursday, May 09

Keynote Remarks

Keynote Remarks

20 minutes
RuthAnne Visnauskas
RuthAnne Visnauskas
Commissioner and CEO
New York State Homes and Community Renewal
RuthAnne Visnauskas
RuthAnne Visnauskas
Commissioner and CEO
New York State Homes and Community Renewal
Read More
10:25 AM EDT Thursday, May 09

Sponsor Remarks

Sponsor Remarks

10 minutes
Warren Gardiner
Warren Gardiner
Senior Manager (New York)
Airbnb
Warren Gardiner
Warren Gardiner
Senior Manager (New York)
Airbnb
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10:35 AM EDT Thursday, May 09

Panel 1

State’s Perspective on Affordable Housing

45 minutes

The housing crisis has produced countless debates and few solutions in Albany thus far. Gov. Kathy Hochul’s “New York Housing Compact” last year to build 800,000 new homes stalled amid pushback from lawmakers and localities over her zoning code overrides and outcry over the lack of tenant protections. This year, the governor’s agenda includes a revamped 421-a affordable housing tax credit, office conversions, more construction on state-owned land and tying state funding to pro-housing policies. Lawmakers, meanwhile, are pushing for “good cause” eviction protections and the creation of a social housing development authority, among other measures. What are the innovative ways and ideas that the state can help solve the affordable housing crisis?

Katrell Lewis (Moderator)
Katrell Lewis (Moderator)
Principal
Cozen O'Connor Public Strategies
Brian Kavanagh
Brian Kavanagh
Chair
State Senate Housing, Construction and Community Development Committee
Linda Rosenthal
Linda Rosenthal
Chair
New York State Assembly Housing Committee
Kelly Donovan
Kelly Donovan
Managing Director
KPMG

The housing crisis has produced countless debates and few solutions in Albany thus far. Gov. Kathy Hochul’s “New York Housing Compact” last year to build 800,000 new homes stalled amid pushback from lawmakers and localities over her zoning code overrides and outcry over the lack of tenant protections. This year, the governor’s agenda includes a revamped 421-a affordable housing tax credit, office conversions, more construction on state-owned land and tying state funding to pro-housing policies. Lawmakers, meanwhile, are pushing for “good cause” eviction protections and the creation of a social housing development authority, among other measures. What are the innovative ways and ideas that the state can help solve the affordable housing crisis?

Katrell Lewis (Moderator)
Katrell Lewis (Moderator)
Principal
Cozen O'Connor Public Strategies
Brian Kavanagh
Brian Kavanagh
Chair
State Senate Housing, Construction and Community Development Committee
Linda Rosenthal
Linda Rosenthal
Chair
New York State Assembly Housing Committee
Kelly Donovan
Kelly Donovan
Managing Director
KPMG
Read More
11:20 AM EDT Thursday, May 09

Panel 2

State of NYC Affordable Housing

45 minutes

The worsening affordable housing shortage is a citywide challenge that requires a citywide solution, and every community has a responsibility to be part of the solution and help provide safe, quality homes to all. New York City has also been grappling with an influx of migrants filling emergency shelters, exacerbating a longstanding lack of new housing construction in the region needed to keep up with the growth. What city initiatives are already underway – and how much are they adding to the housing supply? And apart from a breakthrough in Albany – or federal action to address the migrant crisis – what can New York City leaders do to create more affordable housing?

David Quart (Moderator)
David Quart (Moderator)
Northeast Regional Real Estate Market Leader
VHB
Theo Yedinsky
Theo Yedinsky
VP, Public Policy
Airbnb
Brett J. Gottlieb
Brett J. Gottlieb
Partner
Herrick, Feinstein LLP
Lisa Gomez
Lisa Gomez
CEO
L+M Development Partners LLC
Mark Levine
Mark Levine
Manhattan Borough President
City of New York
Leila Bozorg
Leila Bozorg
Executive Director for Housing
City of New York

The worsening affordable housing shortage is a citywide challenge that requires a citywide solution, and every community has a responsibility to be part of the solution and help provide safe, quality homes to all. New York City has also been grappling with an influx of migrants filling emergency shelters, exacerbating a longstanding lack of new housing construction in the region needed to keep up with the growth. What city initiatives are already underway – and how much are they adding to the housing supply? And apart from a breakthrough in Albany – or federal action to address the migrant crisis – what can New York City leaders do to create more affordable housing?

David Quart (Moderator)
David Quart (Moderator)
Northeast Regional Real Estate Market Leader
VHB
Theo Yedinsky
Theo Yedinsky
VP, Public Policy
Airbnb
Brett J. Gottlieb
Brett J. Gottlieb
Partner
Herrick, Feinstein LLP
Lisa Gomez
Lisa Gomez
CEO
L+M Development Partners LLC
Mark Levine
Mark Levine
Manhattan Borough President
City of New York
Leila Bozorg
Leila Bozorg
Executive Director for Housing
City of New York
Read More
12:05 PM EDT Thursday, May 09

Keynote

Keynote

10 minutes
Alicka Ampry-Samuel
Alicka Ampry-Samuel
Regional Administrator
HUD
Alicka Ampry-Samuel
Alicka Ampry-Samuel
Regional Administrator
HUD
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12:15 PM EDT Thursday, May 09

Underwriter

SEIDEN & SCHEIN

Panel 3

Privately Financed Development – With and Without 421-a

45 minutes

In the last two decades, privately financed development has emerged as a cornerstone in the creation of affordable and rent stabilized housing in New York City. However, the current legislative deadlock in Albany concerning the renewal of the 421-a tax exemption presents a formidable challenge to stakeholders across all sectors of private development. The tax incentive has historically played a pivotal role in encouraging the development of affordable housing units. Now, in its absence, coupled with soaring interest rates, the future of development is in jeopardy, as these factors constrict the flow of new projects in the pipeline. This panel will explore the evolving landscape of privately financed development, dissecting the implications of a post-421-a era and examining innovative strategies to sustain and invigorate affordable housing development amidst these hurdles.

Yuri Geylik (Moderator)
Yuri Geylik (Moderator)
CEO
MGNY Consulting
David Shamshovich
David Shamshovich
Partner
Seiden & Schein PC and Host. Shaping the NYC Skyline podcast
Douglas Romero
Douglas Romero
Vice President, Head of Construction Lending
Ponce Bank
Charlie Howe
Charlie Howe
Vice President
Brookfield
Mark Willis
Mark Willis
Senior Policy Fellow
NYU Furman Center for Real Estate and Urban Policy

In the last two decades, privately financed development has emerged as a cornerstone in the creation of affordable and rent stabilized housing in New York City. However, the current legislative deadlock in Albany concerning the renewal of the 421-a tax exemption presents a formidable challenge to stakeholders across all sectors of private development. The tax incentive has historically played a pivotal role in encouraging the development of affordable housing units. Now, in its absence, coupled with soaring interest rates, the future of development is in jeopardy, as these factors constrict the flow of new projects in the pipeline. This panel will explore the evolving landscape of privately financed development, dissecting the implications of a post-421-a era and examining innovative strategies to sustain and invigorate affordable housing development amidst these hurdles.

Yuri Geylik (Moderator)
Yuri Geylik (Moderator)
CEO
MGNY Consulting
David Shamshovich
David Shamshovich
Partner
Seiden & Schein PC and Host. Shaping the NYC Skyline podcast
Douglas Romero
Douglas Romero
Vice President, Head of Construction Lending
Ponce Bank
Charlie Howe
Charlie Howe
Vice President
Brookfield
Mark Willis
Mark Willis
Senior Policy Fellow
NYU Furman Center for Real Estate and Urban Policy
Read More
SEIDEN & SCHEIN
1:00 PM EDT Thursday, May 09

2:00 PM EDT Thursday, May 09

 

 

Panel 4

What is the Current New Affordable Construction Pipeline?

45 minutes

New York officials are aiming to increase the supply of multi-family housing, which will ease shortages and stimulate economic growth and revitalize neighborhoods by financing the creation and preservation of affordable housing for low-, moderate-, and middle-income New Yorkers. What are the most promising rezonings, redevelopments and other major affordable housing projects in the long and short term, including public-private partnerships?

Carlo Scissura (Moderator)
Carlo Scissura (Moderator)
President
New York Building Congress
Thomas Davis
Thomas Davis
Director
US Department of Housing & Urban Development
Adolfo Carrión Jr.
Adolfo Carrión Jr.
Commissioner
NYC Department of Housing Preservation & Development
Daniel Garodnick
Daniel Garodnick
Chair
New York City Department of City Planning

New York officials are aiming to increase the supply of multi-family housing, which will ease shortages and stimulate economic growth and revitalize neighborhoods by financing the creation and preservation of affordable housing for low-, moderate-, and middle-income New Yorkers. What are the most promising rezonings, redevelopments and other major affordable housing projects in the long and short term, including public-private partnerships?

Carlo Scissura (Moderator)
Carlo Scissura (Moderator)
President
New York Building Congress
Thomas Davis
Thomas Davis
Director
US Department of Housing & Urban Development
Adolfo Carrión Jr.
Adolfo Carrión Jr.
Commissioner
NYC Department of Housing Preservation & Development
Daniel Garodnick
Daniel Garodnick
Chair
New York City Department of City Planning
Read More
2:45 PM EDT Thursday, May 09

Panel 5

Sustainability, Connectivity and Technology

45 minutes

As officials explore a number of proposals to create more affordable housing for residents, they are also taking steps to expand access to broadband and allow for the installation of energy-efficient equipment and technology. How can New York achieve these goals – and what improvements have been made so far?

Ben Max (Moderator)
Ben Max (Moderator)
Executive Editor and Program Director, Center for New York City Law at New York Law School
& Host, Max Politics podcast
Samantha Pearce
Samantha Pearce
VP of Sustainability
New York State Homes and Community Renewal
Assembly Member Anna Kelles
Assembly Member Anna Kelles
Member
Committee on Environmental Conservation & Committee on Housing
Joshua Breitbart
Joshua Breitbart
Senior Vice President, ConnectALL
Empire State Development

As officials explore a number of proposals to create more affordable housing for residents, they are also taking steps to expand access to broadband and allow for the installation of energy-efficient equipment and technology. How can New York achieve these goals – and what improvements have been made so far?

Ben Max (Moderator)
Ben Max (Moderator)
Executive Editor and Program Director, Center for New York City Law at New York Law School
& Host, Max Politics podcast
Samantha Pearce
Samantha Pearce
VP of Sustainability
New York State Homes and Community Renewal
Assembly Member Anna Kelles
Assembly Member Anna Kelles
Member
Committee on Environmental Conservation & Committee on Housing
Joshua Breitbart
Joshua Breitbart
Senior Vice President, ConnectALL
Empire State Development
Read More
3:30 PM EDT Thursday, May 09

Sessions Conclude

Sessions Conclude

Underwriters

PLATINUM

GOLD

SILVER