New affordable housing is still concentrated in lower-income, high-density communities, while other areas see little to no development. “We’re not yet seeing more equal distribution,” said Brendan Cheney, director of…
Councilmember Lincoln Restler opposed the Monitor Point project, which will build over 1,000 apartments on an MTA lot in Greenpoint, until just before it came to a vote, citing an…
In 2022, developers behind two Atlantic Avenue projects committed to making a “record-setting” 35 percent of the apartments affordable. But after interest rates shot up and the owner cited cost…
Both inside and outside the Rent Guidelines Board’s public hearing Thursday, tenants and landlords shouted, booed, and jeered at each other in almost equal measure over future rents for regulated…
“The core problem with New York’s housing affordability is not, at its heart, a rent regulation problem. It is a divergence problem. Rents for existing affordable units have become increasingly…
“The city has not built enough of the housing that ends homelessness, especially supportive housing that combines permanent, affordable apartments with on-site services. Until that changes, more people will enter…
The Mamdani administration will announce a series of reforms Tuesday to improve how the city enforces building violations, part of its broader plan to build and preserve new housing across…
The legislation would give pre-qualified nonprofits an early shot at bidding on certain distressed apartment buildings, what supporters say would ensure those units stay affordable.
“This is not a debate about rescuing landlords. It is about preventing avoidable deterioration in housing that remains essential to the city’s economic and social fabric.”