What Will It Take to Fix New York’s Housing Shortage?
Summary
A draft report from city officials calls for New York City to add 700,000 homes over the next decade to address its severe housing shortage. It argues that many neighborhoods must accommodate substantially faster growth.
The proposed target would require a major shift from incremental rezonings to sustained, citywide housing
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New York is framing its housing crisis as a supply problem that requires hundreds of thousands of additional homes, not isolated development projects.