A pandemic-era program aimed to facilitate hotel and office to affordable housing conversions. After a slow start, and numerous financing and design challenges, its first project is opening in Queens.
Adams’ Charter Revision Commission has proposed measures to accelerate affordable housing production in the parts of the city that have produced the least, a move that has drawn criticism from…
“Nonprofit developers, by virtue of their governance and ownership, are the only segment of the affordable housing sector that’s required to reinvest their financial benefits of development back into their…
“My comprehensive housing initiative—called the ‘Blueprint for New York’—proposes the addition of over 50,000 units annually, with a groundbreaking approach to affordability: setting rents at 25 percent of each borough’s…
The mayor’s Charter Revision Commission drafted a series of proposals to streamline and speed up the public review process for new development. If approved, they’ll go before voters in the…
Zohran Mamdani has ambitious goals for making housing affordable. Officials from the past two mayoral administrations say making those plans a reality will take tremendous management and strong relationships with…
"The combination of tightening rents and diminished safety net programs has precipitated a slow but accelerating deterioration of this 'naturally occurring' affordable housing."
A rent-stabilized building in the Bronx. (Photo…