“This is not hypothetical — New Yorkers are going to lose out on affordable housing if Albany doesn’t act now; tens of thousands of apartments in projects that are approved and ready to go,” …
could imperil projects to build 2,600 apartments for working and middle-income tenants across the housing-starved city, The Post has learned.
“New York City has done our part, now we need the state Legislature to pass a 421-a extension and other affordable housing bills.” Just six new apartment buildings were permitted last month across all five boroughs — and none were in Manhattan, Borough President Mark Levine“This is a five-alarm fire,” Levine said. “We need action to address our housing affordability crisis….Extend the 421a deadline.”
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