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

… the city All the candidates want to accelerate the speed of housing production in NYC to build thousandseven hundreds … Adams stonewalled She also intends to dedicate more city funding to fix dilapidated New York City Housing Authority … city and state subsidies for affordable housing using NYCs pension funds to invest in new housing developments and …

By Celia Young |June 13, 2025 - 9:30AM
Both landlords and tenant advocates criticize tentative housing deal in New York state budget

… the entrenched status quo And as a result we have a budget that reflects New Yorkers needs both right now and into the … a hotly debated policy since it was proposed in 2019 would allow marketrate tenants to challenge evictions resulting … for housing developments that create permanently affordable apartments But lawmakers are still negotiating how …

By Celia Young |April 16, 2024 - 1:00PM
Nearly one in five NYC renters fell behind on their rent last year

… The rent is too damn high and its putting some New Yorkers behind on their bills Roughly 18 percent of New York City … and 2023 was no exception  Median asking rent on available apartments remained around $3500 per month citywide in … The city also closed on financing for 14227 new affordable apartments throughout all of 2023 according to a separate …

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