new development

Governor Hochul announced the environmental-review phase of the IBX project had begun.

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

Your vote: What you need to know about the affordable housing questions on the November ballot

… affordable housing projects the Upper West Side and Eastern Queens City Limits reported Under the changes affordable …

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

… Housing lottery applications are open for 60 rentstabilized apartments at a new … a quarter mile away Developed by Madison Realty Capital the 24story building will hold 196 apartments total at the … the time The newly built apartments are set aside for New Yorkers earning from 80 to 130 percent of the area median …

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 build under a new mayor … inherit a few key advantages a city drastically rezoned by City of Yes which will broadly allow for more housing … to federal housing assistance could be catastrophic for owners and tenants In NYC roughly 34000 landlords rely on …

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