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

New York Citys affordable housing developers are gearing up … to construct new homes according to a report from the Brookings Institute Plus President Donald Trumps changes to … rent freeze if Mamdani is elected More than half of all NYC households are rent burdened meaning they pay more than 30 …

By Celia Young |October 16, 2025 - 10:30AM
How the Democratic candidates for mayor would fix NYC's housing crisis

… determined by the area median income the median income for households of different sizes That metric is based on income … applications work with the state government to reform NYCs property tax system and said he would tax piedsàterre to … why landlords may be keeping rentstabilized apartments vacanta practice known as warehousing and develop a subsidy …

By Celia Young |June 13, 2025 - 9:30AM
Scott Stringer wants to build ‘Mitchell-Lama 2.0’ and buy up deteriorating NYC buildings for housing

… I did two audits that identified the potential of 1000 vacant properties that could be used for housing development … health hazards  Eminent domain doesnt mean you seize the property away from a landlord without compensation We would … who understands finance who has a record of confidence and management Theres no lack of great ideas but I do think we …

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