How many new homes does NYC need? 700K, housing agency says.

NYC needs to build 700K homes in the next decade to keep up with demand: report

Mayor Zohran Mamdani’s administration estimated the city will need to build an eye-popping 700,000 new housing units over the next 10 years to keep up with demand — evens as tens of thousands of affordable apartments sit vacant. The draft report from the Department of Housing Preservation and Development is the first to be released...

NYC needs to build 700,000 homes over next decade to keep up with demand, report finds

NYC needs to build 700,000 homes over next decade to keep up with demand, report finds Click this link for the original source of this article. Author: New York Post This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS...

See Which NYC Neighborhoods Are Behind On New Housing Targets

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Mamdani Administration Says NYC Needs to Build 700,000 New Housing Units in the Next Decade

New York City needs to build 700,000 new housing units over the next 10 years, the Mamdani administration said Wednesday, a figure larger than previous estimates. Meeting that goal would require the city to hit very ambitious construction targets. The report, the first to be issued under a 2023 City Council law requiring regular housing estimates, also reiterates the administration’s goal of 200,000 new, below-market affordable apartments over t…

How many new homes does NYC need? 700K, housing agency says.

Astoria, Queens A new, first-of-its-kind report gives a neighborhood-by-neighborhood breakdown of how the city can build its way out of the housing crisis. [ more › ]

What will it take for NYC to have enough housing? - Epicenter NYC

Three years ago, the New York City Council passed a law mandating the production and release of a “fair housing plan” that was to analyze housing data and make recommendations down to a community district level. A preliminary report is now out (technically it was due last October, but who’s counting) and it comes with an eye-popping number: 700,000 new homes are needed over the next 10 years for NYC to have a healthy housing market. Beyond the r…