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☆ Manhattan real estate is in 'crisis' as new construction flatlines, borough president says
  + stars: | 2023-08-10 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +4 min
New York City's pace of housing construction has slowed to a trickle, despite a severe affordability crisis. Manhattan's borough president has identified about 200 sites where he says the city could build housing. We have to fix this," Manhattan Borough President Mark Levine said in a tweet. The city approved 2,525 new units citywide and 1,208 in Manhattan in July 2013. A big portion of the opposition to the legislation came from suburban areas around New York City that didn't want to see more density in their communities.
Persons: Mark Levine, Levine, Eric Adams, he's, Kathy Hochul, It's Organizations: Service, Manhattan, Big Apple, New, New York, New York City, New York Gov, New York Housing, Republican, Democratic, Politico Locations: York, Manhattan's, Wall, Silicon, Manhattan, New York, New, New York City, Munsey, Nassau County, Long, Rye, Westchester County, New Jersey, Jersey City, Hudson County, York City
☆ The mayor of a rich New York suburb says wealthy communities 'are losing their minds' over Gov. Kathy Hochul's plan to increase housing
  + stars: | 2023-04-12 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +3 min
Affluent suburban communities around New York City are denouncing the proposal. The mayor of Bronxville, NY told Bloomberg some wealthy communities "are losing their minds." But many of the wealthiest suburban communities around New York City aren't having it. "People in Nassau and Suffolk are losing their minds," Mayor Mary Marvin told Bloomberg. Marvin told Bloomberg that Hochul wouldn't have been elected last fall if she'd campaigned on her housing plan.
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