Don't Block What Already Works.

We have 1,700 parking spaces. Half sit empty. Stop requiring every building to provide its own — especially historic buildings with no extra land. Let the City manage parking as a neighborhood resource.

Right now, a 300 sq ft studio & a 2,500 sq ft 4-bedroom both count as 1 “unit” — and units allowed are tied to lot size. That pushes developers toward fewer, larger, more expensive apartments or no project at all. Wall Street’s historic walkups need smaller, more affordable units — not luxury 4-bedrooms. Keep the rules on building size, shape, & character. Remove the arbitrary unit cap.

Wall Street already delivers affordable housing naturally. Wall Street Place is 100% affordable. Other projects run 10–30%. Small buildings with no parking and no elevators rent well below the city’s “Affordable” threshold without any program. Don’t burden them with compliance designed for 200-unit buildings. Allow projects of 19 units or fewer to pay a fee toward the city’s affordable housing fund instead.