Elizabeth Street Garden won its fight. What does that mean for housing development in NYC?

… Street Garden will remain undeveloped after New York City leaders backed down from a decadelong fight to build … supporting new development to counter the skyrocketing rents forcing some New Yorkers out of the city Just last … development at 156166 Bowery where the developer agreed to take the 123 affordable units originally planned for …

By Celia Young |June 24, 2025 - 4:30PM
How the Democratic candidates for mayor would fix NYC's housing crisis

… The 2025 New York City mayoral election will have huge impacts on housing in … voting begins June 14th As that pivotal date approaches renters and owners alike have a chance to evaluate which … Scott Stringer Yes if the data supports it   No We should take a look at heavy fines Yes Zellnor Myrie No Yes Yes but …

By Celia Young |June 13, 2025 - 9:30AM
Scott Stringer wants to build ‘Mitchell-Lama 2.0’ and buy up deteriorating NYC buildings for housing

… In his second bid for mayor former New York City Comptroller Scott Stringer is pitching a plan to build … hedge fund manager  Whitney Tilson Stringer plans to take distressed properties from delinquent landlords through … MitchellLama buildings which offer affordable coops and rental units  His campaign for mayor follows an unsuccessful …

By Celia Young |March 10, 2025 - 3:45PM