This week's housing news in New York City includes efforts to facilitate nonprofit ownership of homeless shelters, advocating for new housing projects similar to Hudson Yards, and the overwhelming demand for limited affordable housing options as reflected in the lottery applications. Additionally, there are plans for a significant eco-friendly housing development in Staten Island, and recent approvals for rezoning in Central Brooklyn to stimulate further development in the area.
The city is making it easier for nonprofit homeless shelter providers to construct and own their own buildings, rather than leasing shelter space.
New York City should replicate what it did with Hudson Yards to build 4,000 new homes over Manhattan's Western Yards.
In 2024, New Yorkers filed six million applications for just 10,000 apartments through the city's housing lotteries.
Plans are moving forward for a 500-unit, eco-friendly housing development on Staten Island's North Shore.
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