Can New York City Build Affordable Housing Again?
New York City’s history is full of examples of how to build, preserve, and expand affordable housing, including through the creation of union-backed co-ops.
Even by its own dizzying standards, New York City is in a state of flux. Ongoing political uncertainty, with Mayor Eric Adams’s administration deep in crisis, is now compounded by the return of Donald Trump. Several horrific incidents on the subway confirm the general sense of a city in a state of fear and distress. Lying beneath these tensions is, invariably, housing — the problem NYC is no closer to solving for most of its citizens, despite the unveiling of the “City of Yes” zoning initiative. I spent August to December living across the Hudson in Newark but made frequent trips into the…
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