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City Plans 700K New Homes Across Neighborhoods | Real Estate News
The city’s launching a bold new plan to build 700,000 homes over the next decade—dramatically scaling up from past goals—to tackle its housing shortage head-on. Focused on “low-growth” neighborhoods like the Upper East Side and Roosevelt Island, the draft report aims to spread development where it’s most needed, preserving affordability and giving residents more options. But resistance is expected in areas historically slow to develop. With public feedback sought through early September and a final report due in October, this could reshape how—and where—the city builds for the future. Listen…
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