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

… housing assistance could be catastrophic for owners and tenants  In NYC roughly 34000 landlords rely on … Section 8 housing vouchers which pay part of a tenants rent according to a July report from the New York City … mortgage defaults and banking instability particularly in rentstabilized buildings where owners are already warning …

By Celia Young |October 16, 2025 - 10:30AM