Jersey City moves to expand inclusionary housing, but keeps it voluntary – Robert Khodadadian

Jersey City is poised to expand its inclusionary housing program, but its success hinges on developer buy-in. Later this month the city’s Division of Planning is expected to present a plan that would create affordable housing overlays in areas of the city zoned for residential use. Under the proposals, developers could build more units on their sites if they set aside at least 10 percent or 15 percent of the apartments as affordable. Sites within

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Cross Post, Home Page, Politics, Affordable Housing, Bill de Blasio, inclusionary housing, Jersey City, Michael Bloomberg The Real Deal New York Read More