NYC – Mayor Mamdani Plans for 400,000 Affordable Housing Units

New York City Mayor Zohran Mamdani recently unveiled an ambitious new housing initiative aimed at tackling the city’s worsening affordability crisis through the construction and preservation of 400,000 affordable housing units. The “block by block” plan includes building 200,000 new rent-stabilized homes over the next decade while preserving and stabilizing an additional 200,000 existing units. Mamdani described […]