One thought on “Call for City to Take Aggressive Steps on Affordable Homeownership

  1. Encouraging home ownership is a great idea. But I don’t see the unfocused deBlasio administration getting behind it in a big way.

    The price of land and labor is so high in NYC that there is no such thing as a low-cost 1/2/3 family home anymore. My small 1-family house on SI is valued at around $580k based on nearby sales, that’s cheap for NYC.

    These 2 new fairly plain 2-family homes (replacing a torn down 2-family home) in my neighborhood will be listed at above $1M:

    The builder of this nearby new 2-family home (on previously vacant land) expects to list it at $1.1M:’

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