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

… federal housing assistance all threaten new construction in NYC While developers say theyre ready to work with whoever … in tariffs in regulation and in the federal governmentall of that is creating an environment that is very counter to … in the citys Housing Preservation and Development department HPD Or as Walsh put it to fast track a project …

By Celia Young |October 16, 2025 - 10:30AM
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 … was due on April 1st I always ask the tough questions about housing and public safety Hochul said on Monday We had some …

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 … were behind on rent in October higher than the national average of 12 percent according to a report from State … decade putting pressure on New Yorkers wallets  Housing costs in New York City and the surrounding suburbs have …

By Celia Young |January 24, 2024 - 12:30PM
State of the state: Hochul’s multi-prong approach to tackling New York's housing crisis

… Governor Kathy Hochul took another stab at an agenda to grow … in her state of the state address yesterdayalong with a plan to protect housing voucher holders from discrimination  … income discrimination … Hochul also outlined a plan to help renters who use housing vouchers facing discrimination by …

By Celia Young |January 10, 2024 - 10:30AM