Friday, January 9, 2015
Rauch Foundation Study Shows Lack of Housing Options in Long Island
Long Island is world-renowned for its single-family suburban lifestyle, yet it needs a broader mix of housing. A recent public opinion survey shows that a majority of Long Islanders agree, and that's good news for a region whose future economic strength will depend to a large degree on developing that mix.
Long Island has historically resisted changing the fundamental recipe of single-family homes on which the region rose to global prominence, but 21st-century needs have changed, and jobs have been going to other suburban areas that have altered the housing formula -- offering a greater mix of options for various stages of life. Those options include the type of housing (apartments, condominiums, and garage apartments), the financial arrangement (renting as well as ownership), the proximity of housing (downtown and transit-oriented), and the cost (not only luxury but affordable)....