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EXECUTIVE ORDER #80

May 23, 1973

CREATION OF NEIGHBORHOOD PRESERVATION PROGRAM

WHEREAS, preservation of City neighborhoods is critically important for the welfare of all the people of the City of New York and must be given highest priority among governmental actions; and

WHEREAS, it is the policy of the City that existing housing stock and residential neighborhoods be maintained and, where necessary, rehabilitated to provide decent, safe and sanitary housing for the people of the City;

NOW, THEREFORE, by the power vested in me as Mayor of the City of
New York, it is hereby ordered as follows:

Section I. Creation and Goals of Neighborhood Preservation Program

There is hereby established a Neighborhood Preservation Program:

(a) To prevent the deterioration and abandonment of housing in transitional neighborhoods.

(b) To preserve, coordinate and concentrate maintenance efforts by the City in designated neighborhoods.

(c) To promote private investment in housing in those neighborhoods.

(d) To coordinate governmental and community activities for neighborhood preservation through decentralized neighborhood offices and to provide adequate public investment to support coordinated improvement programs.

(e) To promote community involvement in all such activities.

2. Designation of Neighborhoods

(a) The Housing and Development Administration and City Planning Commission will conduct studies in consultation with Community Boards and other community representatives to determine which neighborhoods should be designated as Neighborhood Preservation Areas and will develop appropriate programs for each neighborhood so designated.

(b) The City Planning Commission shall adopt resolutions, following public hearing, designating neighborhoods as Neighborhood Preservation Areas in accordance with the criteria set forth below.

### 3. Criteria for Designating Neighborhoods

Areas meeting the following criteria will be eligible for neighborhood designation.

(i) Where the existing housing stock is now essentially sound and attractive; and where private financial institutions and property owners have recently begun to withdraw financing;

(ii) Where the housing stock has deteriorated but is in need of moderate rehabilitation only;

(iii) Where there have been recent increases in adverse housing indicators;

(iv) Where existing unique community resources distinguish the neighborhood.

### 4. Implementation of Programs

The programs developed are to be coordinated by Area Housing Offices established by the Housing and Development Administration within the designated neighborhoods.

### 5. Effective Date

This Executive Order shall take effect immediately.

### 5. Effective Date

PRICE INDEX OF OPERATING COSTS FOR RENT STABILIZED APARTMENT HOUSES IN NEW YORK CITY

<table><thead><tr><td>Year (as of April)</td><td>Index</td><td>% Change</td></tr></thead><tbody><tr><td>1967</td><td>100.0</td><td>-</td></tr><tr><td>1968</td><td>103.5</td><td>3.5</td></tr><tr><td>1969</td><td>107.6</td><td>4.0</td></tr><tr><td>1970</td><td>116.6</td><td>8.4</td></tr><tr><td>1971</td><td>132.2</td><td>13.4</td></tr><tr><td>1972</td><td>139.7</td><td>5.7</td></tr></tbody></table>

Source: U. S. Department of Labor, Bureau of Labor Statistics