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 build under a new mayor but … for new housing … Whos picking up the check … But the biggest obstacle facing affordable housing is not that the … will make it significantly more expensive to construct new homes according to a report from the Brookings Institute …

By Celia Young |October 16, 2025 - 10:30AM
Scott Stringer wants to build ‘Mitchell-Lama 2.0’ and buy up deteriorating NYC buildings for housing

… on city land and use eminent domain to buy crumbling NYC buildings  The mayor will oversee city agencies that … MitchellLama buildings which offer affordable coops and rental units  His campaign for mayor follows an unsuccessful … fines should be delayed or enforced for buildings not in compliance with Local Law 97 I think we should take a look …

By Celia Young |March 10, 2025 - 3:45PM
NYC launches program to help developers finance new affordable rental developments

… A new program aims to increase affordable housing development across New York City through city subsidies tax exemptions and private …

By Celia Young |January 8, 2024 - 11:00AM