Opinion: The Promise—and Pushback—on NYC’s Racial Impact Studies

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“Racial impact studies don’t block or delay rezonings. They simply pull together data that’s already publicly available,” the authors write. “What the backlash reveals is how uncomfortable some developers are with giving communities the tools to demand more from a broken status quo.”

A Manhattan community board meeting in 2018. The authors are calling for better trainings for boards across the city around how to evaluate racial impact studies when weighing in on new development proposals. (Photo by Adi Talwar)

When New Yorkers hear plans of a new development or rezoning in their neighborhoods, residents always ask the same question: Will it drive up rents? Will longtime residents—especially communities of color—get pushed out?

For decades, there was no requirement for the city to provide data to directly answer those questions. That changed in 2021, after years of organizing by housing justice advocates like the Racial Impact Study Coalition (RISC), when New York created new tools to confront the racial impacts of land use decisions.

Racial impact studies—more formally known as Racial Equity Reports (RER)—are now mandated for inclusion in certain land use applications to show a project’s potential effects on local housing affordability, displacement risk, and job access. Public data tools, managed by city agencies, were also created to help residents and decision-makers understand neighborhood trends and where displacement risk is highest.

These tools marked a milestone in the city’s zoning history. But nearly four years later, a new report from the Pratt Center finds that these tools are being underused and under-supported—putting their promise at risk. “Making the Most Out of Racial Equity Reports” analyzed over 50 RERs and interviewed community board members and elected officials. The findings are clear: many boards have received no training, and some have not even heard of the tools. Applicants often fail to present racial impact studies during public review. And for many residents, parsing the data remains confusing and inaccessible due to lack of training.

In this vacuum, some opponents are seizing the opportunity to discredit the legislation entirely. Earlier this year, an op-ed in The Real Deal went so far as to call racial impact studies “apartment killers.” That framing is not only false—it’s dangerous.

Racial impact studies don’t block or delay rezonings. They simply pull together data that’s already publicly available. Developers can prepare the report themselves, but many hire consultants—a cost of just a few thousand dollars—for projects worth millions. What the backlash reveals is how uncomfortable some developers are with giving communities the tools to demand more from a broken status quo.

Let’s be clear: RERs aren’t what’s holding back housing production. Neither is community input. New York’s housing challenges are complex—shaped by decades of policy decisions, market forces, and systemic inequities. But instead of grappling with those underlying issues, some recent conversations have focused on cutting back public review to speed up approvals, as seen in the mayor’s Charter Revision Commission hearings.

 This push on the public review process is happening right alongside broader efforts by the city to accelerate new housing development—and change is coming fast. That’s a risky tradeoff. If we’re serious about equitable growth, we should be strengthening our anti-displacement tools, not sidelining them from the conversation. That means making sure these tools actually work for the people they were meant to serve.

 It starts with training community board members—something the city still hasn’t done—on how to use RERs. It means improving the existing data tools to make it easier for residents to navigate. And it requires holding developers accountable for presenting their RERs as part of public review for discussion, not just submitting them as a technicality.

These are exactly the moments when communities need clear, accessible, and well-supported tools to shape development—before it reshapes them.

 But tools are only as useful as the investment we make in their implementation. These reports were never meant to sit on a shelf. They were meant to inform decisions, start conversations, and empower local advocacy. That only happens if we give communities the resources to use them.

No tool is perfect. RERs won’t solve our housing crisis alone. But they represent a meaningful step toward transparency and a foundation for accountability in a land use system that has too often overlooked racial impact. Community members fought hard to win these tools, and the city took an important first step by creating them. Now, the challenge is to ensure they’re used effectively, with the training, visibility, and support needed to meet their full potential.

Tara Duvivier is a senior planner at the Pratt Center for Community Development. Eve Baron is the chairperson of Pratt Institute’s Graduate Center for Planning and the Environment in the School of Architecture. 

The post Opinion: The Promise—and Pushback—on NYC’s Racial Impact Studies appeared first on City Limits.

Amazon CEO Jassy says AI will reduce its corporate workforce in the next few years

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By MICHELLE CHAPMAN, AP Business Writer

Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology.

“We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said in a message to employees. “It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company.”

The executive said that Amazon has more than 1,000 generative AI services and applications in progress or built, but that figure is a “small fraction” of what it plans to build.

Jassy encouraged employees to get on board with the e-commerce company’s AI plans.

“As we go through this transformation together, be curious about AI, educate yourself, attend workshops and take trainings, use and experiment with AI whenever you can, participate in your team’s brainstorms to figure out how to invent for our customers more quickly and expansively, and how to get more done with scrappier teams,” he said.

Earlier this month Amazon announced that it was planning to invest $10 billion toward building a campus in North Carolina to expand its cloud computing and artificial intelligence infrastructure.

Since 2024 started, Amazon has committed to about $10 billion apiece to data center projects in Mississippi, Indiana, Ohio and North Carolina as it ramps up its infrastructure to compete with other tech giants to meet growing demand for artificial intelligence products.

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The rapid growth of cloud computing and artificial intelligence has meanwhile fueled demand for energy-hungry data centers that need power to run servers, storage systems, networking equipment and cooling systems. Amazon said earlier this month that it will spend $20 billion on two data center complexes in Pennsylvania.

In March Amazon began testing artificial intelligence-aided dubbing for select movies and shows offered on its Prime streaming service. A month earlier, the company rolled out a generative-AI infused Alexa.

Amazon has also invested more heavily in AI. In November the company said that it was investing an additional $4 billion in the artificial intelligence startup Anthropic. Two months earlier chipmaker Intel said that its foundry business would make some custom artificial intelligence chips for Amazon Web Services, which is Amazon’s cloud computing unit and a main driver of its artificial intelligence ambitions.

Borrowers looking for lower costs will have to wait as the Fed is unlikely to cut rates

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By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — The inflation-fighters at the Federal Reserve are expected to keep their key interest rate unchanged Wednesday for the fourth straight time. That’s likely to shift attention to how many interest rate cuts they forecast for this year.

It’s widely expected that the 19 Fed officials that participate in the central bank’s interest-rate decisions will project two rate cuts for this year, as they did in December and March. But some economists expect that one or both of those cuts could be pushed back to 2026.

The Fed will almost certainly keep the short-term rate it controls at about 4.3%, economists say, where it has stood since the central bank last cut rates in December. Since then, it has stayed on the sidelines while it evaluates the impact of President Donald Trump’s tariffs and other policy changes on the economy and prices.

Inflation has been cooling since January, and many economists say that without the higher import taxes, the Fed would likely be cutting its rate further. According to the Fed’s preferred measure, inflation dropped to just 2.1% in April, the lowest since last September. Core inflation — which exclude the volatile food and energy categories — was 2.5%.

Those figures suggest inflation is largely coming under control, for now. Yet the Fed’s short-term interest rate remains at an elevated level intended to slow growth and inflation. Some economists argue that with inflation cooling, the Fed could resume its rate reductions.

When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, including for mortgages, auto loans, and credit cards. Yet financial markets also influence the level of longer-term rates and can keep them elevated even if the Fed reduces the shorter-term rate it controls.

But Fed officials have said they want to see whether Trump’s tariffs boost inflation and for how long. Economists generally believe a tariff hike should at least lead to a one-time increase in prices, as companies seek to offset the cost of higher duties. Many Fed officials, however, are worried that the tariffs could lead to more sustained inflation.

“While theory might suggest that (the Fed) should look through a one-time increase in prices, I would be uncomfortable staking the Fed’s reputation and credibility on theory,” Jeffrey Schmid, president of the Fed’s Kansas City branch and a voting member of the Fed’s interest-rate setting committee, said earlier this month.

The Trump White House has sharply ramped up pressure on Powell to reduce borrowing costs, with Trump himself calling the Fed chair a “numbskull” last week for not cutting. Other officials, including Vice President JD Vance and Commerce Secretary Howard Lutnick, are also calling for a rate reduction.

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Pushing the Fed to cut rates simply to save the government on its interest payments typically raises alarms among economists, because it would threaten the Fed’s congressional mandate to focus on stable prices and maximum employment.

One of Trump’s complaints is that the Fed isn’t cutting rates even as other central banks around the world have reduced their borrowing costs, including in Europe, Canada, and the U.K. On Tuesday, the Bank of Japan kept its key short-term rate unchanged at 0.5%, after actually raising it recently.

But the European Central Bank, Bank of Canada, and Bank of England have reduced their rates this year in part because U.S. tariffs are weakening their economies. So far the U.S. economy is mostly solid, with the unemployment rate low.

The Bank of England has cut its rate twice this year but is expected to keep it unchanged at 4.25% when it meets Thursday.