Can The Next Mayor Turn Around NYC’s Affordable Housing Crisis?
“The ease by which New Yorkers are able to find—and hold on to—an affordable apartment has long been one of the benchmarks by which New York City mayors have been judged. The same will be true, if not more true, with the mayoral candidates in the upcoming primary as hundreds of thousands of residents, who have been forced out of work because of the pandemic, now find themselves struggling to pay rent. That, coupled with record levels of homelessness, the growing financial distress of the city’s aging public housing developments, and strong community opposition to large-scale rezonings means that the next mayor will face one of the biggest housing challenges in decades.”