New York City will need about 700,000 homes built over the next 10 years to solve its housing shortage.
The report, known as the city’s Fair Housing Growth Strategy, which is being released on Wednesday.
It is part of a process to fulfill a 2023 City Council mandate for an estimate of the overall need for new housing in the five boroughs.
It comes three months after Mayor Zohran Mamdani released his plan to spend $22 billion on housing and add 200,000 affordable units in the city over the next decade. (NYT)
What a huge undertaking!
ifnottodaywhen.blog 