New York City frontrunner for mayor Zohran Mamdani has an ambitious agenda to tackle the city’s housing crisis. But the spiraling costs to develop affordable housing, President Donald Trump’s efforts ...

NYC mayoral hopeful Mamdani plans to impose an immediate freeze on more than 2 million rent-stabilized apartments.

While New York City may be the “City that Never Sleeps,” its citizens still need a place to lay their heads at night. However, New York faces a challenging housing market. Demand for housing ...

Construction has begun on a $1.5 billion housing project in New York which the developers hailed as "a massive step" towards solving the city's housing crisis. ... More Yana Paskova/Getty Images.

New York City’s Department of Housing Preservation and Development has been spearheading several projects that are scheduled to be completed in the coming years. Willets Point is the largest 100 ...

New York City is facing intertwined housing and affordability crises, with record rents and historically low apartment vacancy rates. Within the debate over affordability, finding ways to create mo… ...

New York City’s apartment vacancy rate reached a historic low of 1.4 percent, according to a city housing and vacancy survey released in February 2024. As of 2022, New York needed 226,000 homes to ...

The city broke ground on the first phase of a long-awaited plan to build a new neighborhood in Willets Point, Queens, on Wednesday, with construction starting on housing and a new school as plans t… ...

But pro-housing advocates and city officials making the fairness argument often make the mistake of framing housing development as a “burden” that 10 districts are shouldering.

Developers who build all-electric housing units in New York City that meet stringent sustainability standards can tap a new pool of state funding this year. The $15M fund, dubbed the New ...