developer

Modern buildings under construction on the waterfront in Greenpoint, Brooklyn with the view of Manhattan with Freedom Tower over the East River.

Whoever wins the NYC mayor’s race faces a worsening housing crisis, affordable developers say

By Celia Young |October 16, 2025 - 10:30AM

Elizabeth Street Garden in Nolita, as seen in November 2023.

Elizabeth Street Garden won its fight. What does that mean for housing development in NYC?

… Elizabeth Street Garden will remain undeveloped after New York City leaders backed down from a decadelong fight to build affordable senior housing on the cityowned lot … site Mayor Eric Adams and other city leaders painted the move as a winwin the 123 affordable apartments will be …

By Celia Young |June 24, 2025 - 4:30PM

There are nine candidates vying to win voters on the June 24th ranked choice Democratic primary.

Neighbors

How the Democratic candidates for mayor would fix NYC's housing crisis

By Celia Young |June 13, 2025 - 9:30AM

Neighborhood Intel

Whitney Tilson wants to speed up development and make it easier for small landlords to evict non-paying tenants

By Celia Young |March 31, 2025 - 9:30AM

Neighborhood Intel

Scott Stringer wants to build ‘Mitchell-Lama 2.0’ and buy up deteriorating NYC buildings for housing

By Celia Young |March 10, 2025 - 3:45PM

New York City old fashioned apartment buildings with external fire ladders

Roommates + Landlords

Both landlords and tenant advocates criticize tentative housing deal in New York state budget

… billion budget including additional eviction protections for marketrate renters and a new development tax credit … the replacement of the 421a tax incentive for affordable housing development Hochul couched the plan as the … policy for carve outs they claim would exclude millions of tenants and make the enforcement of the rules impossible …

By Celia Young |April 16, 2024 - 1:00PM

A high angle view of a traditional residential street Hell's Kitchen, Midtown Manhattan in New York City.

The Market

Nearly one in five NYC renters fell behind on their rent last year

… forcing them to make tough choices … An expensive confusing rental market … NYC has never been particularly cheap and … on available apartments remained around $3500 per month citywide in November near its 2023 peak of $3795 according … amid higher interest rates and the expiration of the 421a affordable housing tax break in 2022 Developers filed 9523 …

By Celia Young |January 24, 2024 - 12:30PM