new development

NYC building construction
Affordable Housing
Mamdani unveils $22 billion plan to build housing and fix NYCHA
By Jennifer White Karp |May 27, 2026 - 2:00PM
Construction work with a crane on new building in the Bronx NY
Live
NYC will invest $4 billion from pension funds to create affordable housing
By Jennifer White Karp |April 20, 2026 - 3:00PM
Governor Hochul announced the environmental-review phase of the IBX project had begun.
Live
As the IBX gathers steam, some New Yorkers may be at risk of displacement
By Jennifer White Karp |December 9, 2025 - 12:30PM
Construction site with new apartment buildings and cranes in Gowanus, Brooklyn, NY
Affordable Housing
Your vote: What you need to know about the affordable housing questions on the November ballot
By Celia Young |November 4, 2025 - 9:00AM
Roof deck at 644 East 14th St. in the East Village
Rent
Housing lottery launches for 60 rent-stabilized apartments in the East Village
By Celia Young |October 23, 2025 - 9:30AM
Modern buildings under construction on the waterfront in Greenpoint, Brooklyn with the view of Manhattan with Freedom Tower over the East River.
Affordable Housing
Whoever wins the NYC mayor’s race faces a worsening housing crisis, affordable developers say

… New York Citys affordable housing developers are gearing up … to construct new homes according to a report from the Brookings Institute Plus President Donald Trumps changes to … rent freeze if Mamdani is elected More than half of all NYC households are rent burdened meaning they pay more than 30 …

By Celia Young |October 16, 2025 - 10:30AM
The 14-story Nine Chapel luxury condominium is a new development in Downtown Brooklyn.
New Construction + Condos
20 crucial questions for buying a new or pre-construction condo in NYC
By Evelyn Battaglia |September 17, 2025 - 12:30PM
elevated street view at sunset in Chelsea quarter – Manhattan, New York
Co-ops
Cheap trick: How much you can save when buying an older property in NYC
By Celia Young |September 4, 2025 - 11:30AM
A rendering of the 251-unit building in Wakefield, the Bronx.
Affordable Housing
Housing lottery launches for 212 rent-stabilized units in Wakefield
By Celia Young |August 7, 2025 - 10:30AM
A NYC Ferry boat seen from the Hunter's Point South ferry landing.
The Search
Why a ferry commute probably deserves a spot on your apartment wish list

… on subsidies to keep ticket costs down the subsidy is currently $855 per passenger making a oneway ticket $450 and a … the sixmonth period from January to June 2017 13 percent of rental listings and 19 percent of sales listings include a … to ferry From January through June 2025 31 percent of rental listings and 38 percent of sales listings mentioned …

By Jennifer White Karp |July 25, 2025 - 9:30AM