Watershed moment: New housing target could transform city
SEVEN. HUNDRED. THOUSAND. Well, now. That’s a lot of housing units for New York City to create in 10 years. Building 700,000 homes is the recommendation of yet another report on the housing crisis. But this draft the City Council cannot dismiss as the self-serving fantasy of an industry group or business-backed think tank. The Council itself demanded the report in a 2023 law. Be careful what you wish for? The lofty target set by the city’s housing and planning agencies sets the government up for criticism if it falls short of the goal — and protests by NIMBYs for […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
West Palm Beach Is Finally Having Its ‘Tribeca
Moment’
Interior Design Pros Share Their Top Wellness Trends From
Fall Market
Nonresidential Contractors Face A Split Market In 2027.
Here’s Why
Zillow’s 2027 Home Trends Report: Buyers Want AI, Flex
Spaces, Catios
Family of slain Rudin employee sues firm for wrongful
death
Mamdani signs COPA into law
What Affects Home Prices? 10 Factors That Shape
Value
Real Estate Photography Pricing: What Sellers Can Expect to
Pay
6 Ways to Make Your Outdoor Space Comfortable for
Winter
We Buy Houses Columbus, Indiana: Top 4 Companies
