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

… on housing in the city including where it gets built and how to make it affordable for everyday New Yorkers In … in NYC to build thousandseven hundreds of thousandsmore apartments than the less than 30000 housing units NYCand rehabilitate distressed buildings help city workers buy property through coownership with the city and make …

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

… announcement managed to disappoint both landlord and tenant advocates on two key issues Good Cause eviction and … 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
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 … an Article XI property tax exemption a complete or partial real estate tax exemption for up to 40 years But to benefit …

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