For too long, New Yorkers have suffered in the throes of a burgeoning housing crisis as one residential project after the next falls victim to delays caused by NIMBYism, political opposition and a years-long land entitlement process. The timeline to build housing in our city is fundamentally misaligned with the urgent need, as the Department of Homeless Services (DHS) shelter census swells toward 60,000.
Lawmakers on the left are fierce critics of the real estate industry. But some are embracing new housing development, even if it’s not fully affordable.