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

… is set to be a major sticking point in the next mayoral administration Tariffs on lumber steel kitchen cabinets and … handful of other major rezonings accomplished by the Adams administration A tough economic climate puts new housing … everyone is necessarily warming to the idea of a Mamdani administration developers are willing to work with anyone to …

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

… and said he would tax piedsàterre to help fund upgrades at NYCHA … Andrew Cuomo … Former Governor Andrew Cuomos housing … with the city and make coliving legal in NYC For NYCHA residents Lander plans to create a system for tenants to review and score contractors that repairor fail to fix uptheir apartments  He …

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

… including additional eviction protections for marketrate renters and a new development tax credit Governor Kathy … the replacement of the 421a tax incentive for affordable housing development Hochul couched the plan as the … that limits how densely a developer can build housing in NYC though details on those two provisions are scant The …

By Celia Young |April 16, 2024 - 1:00PM
State of the state: Hochul’s multi-prong approach to tackling New York's housing crisis

… renters who use housing vouchers facing discrimination by landlords and brokers who refuse to rent to them  It is … … Hochul will also propose legislation to prohibit insurance carriers from using a tenants source of income or … pitch would increase the citys cap on how dense residential towers can be  Hochul also proposed creating a $500 million …

By Celia Young |January 10, 2024 - 10:30AM
NYC launches program to help developers finance new affordable rental developments

… where at least 70 percent of the units are affordable can apply to score city financing through the Mixed Income …

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