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NYC’s Bold Plan to Build 700K Homes | Real Estate News
New York City is set to build 700,000 new homes over the next decade in a bold move to end the housing crisis and position itself as the world’s top city. Backed by official reports from city agencies, the plan tackles three goals: catching up with current demand (290K homes), keeping pace with population growth (240K), and reshaping the market to attract more residents (170K). Drawing on past building booms like the 1920s and 1960s, the strategy leverages modern tech and regulations to boost economic activity, wealth, and even congressional representation. Environmental benefits and…
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