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The housing shortage in New York is driven by a lack of housing supply. Home construction in New York City lags far behind other major American cities. [4] From 2010 to 2023, housing supply in the city increased by 4% while jobs increased by 22% [4]; however, 973,000 workers commuted into the city from its suburbs as of 2019 [5], as employment ...
Several federal and state initiatives have targeted this problem, but have failed to provide enough affordable, inclusive, and sustainable housing for New York City residents. The demand for affordable housing in New York City remains high: 2.5 million applications were submitted for 2,600 available affordable apartments in 2016. [63]
This is a list of buildings held by the New York City Housing Authority, a public corporation that provides affordable housing in New York City, U.S. This list is divided geographically by the five boroughs of New York City: Manhattan, the Bronx, Brooklyn, Queens, and Staten Island.
New York City vacancy rates hit a historic low in February. ... With so few homes available—and affordable homes at that—housing advocates in the city have formed a super PAC that aims to ...
While SRO units are mostly associated with low-income renters, in cities where dwellings are expensive and scarce, there may be "middle-class SROs", a type of microapartment aimed at middle class and professional renters. The first 2010s-era micro-unit housing building in New York City, Carmel Place, opened in 2016. It has 55 studios which go ...
The Department of Housing Preservation and Development (HPD) is the department of the government of New York City [1] responsible for developing and maintaining the city's stock of affordable housing. Its regulations are compiled in title 28 of the New York City Rules. The Department is headed by a Commissioner, who is appointed by and reports ...
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