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

… housing developers are gearing up to build under a new mayor but they warn that economic conditions and federal … federal housing assistance all threaten new construction in NYC While developers say theyre ready to work with whoever … built affordable and marketrate residential developments in NYC At the same time whoever succeeds Mayor Eric Adams will …

By Celia Young |October 16, 2025 - 10:30AM
Both landlords and tenant advocates criticize tentative housing deal in New York state budget

… State lawmakers have reached a conceptual agreement on New Yorks $237 billion budget including additional eviction protections for marketrate renters and a new development tax credit Governor … greater than 3 percent of your rent bill or 15 times the regional inflation rate whichever is greater The version of …

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

… Kathy Hochul took another stab at an agenda to grow New Yorks supply of affordable housing in her state of the state address yesterdayalong with a plan to protect housing

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