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A Better Billion:
Expanding Transit & Housing for a More Affordable New York
The Transportation and Land Use program has released A Better Billion: Expanding Transit & Housing for a More Affordable New York, a report developed as a long-term vision to combat Mayor Zohran Mamdani’s affordability crisis via subway expansions and housing development:
A Better Billion is an ambitious plan to realize the mayor’s promise of a more affordable New York through sustained investment in 41 miles of subway extensions across 12 projects over a 40-year period. We estimate that delivering new subway service to these neighborhoods has the potential to add 167,064 units of new housing around the 64 new stations in our program with no additional upzoning required.
Highlights from the report’s release include:
The report was profiled in the New York Times’ “Free Buses? How About Expanding the Subway by 41 Miles Instead?”
The report received additional coverage in Bloomberg CityLab, Streetsblog, PoliticsNY, amNY, Spectrum News, The City, The Broadsheet, NYU News, and Washington Square News.
An opinion piece in WBUR and and reporting in National Today applied the report’s findings to a free-bus proposal in Boston.
Director Eric Goldwyn, Research Scholar Nolan Hicks, and Assistant Research Scholar Franklin Tang provided an in-depth look at specific projects (recording and slides).