A new $62 million affordable housing project from Alexander Gorlin Architects has been completed in the Bronx for developers Comunilife, a local nonprofit aimed at improving the lives of vulnerable communities through a combination of housing justice and culturally-sensitive supportive.
New Yorkers are shocked by the sting of hefty rent increases and the shortage of apartments affordable to most residents. Everyone needs decent housing we can afford, and in an expensive metropolis with a growing population, the need can only be met through substantial investments initiated by City Hall.
The much-vaunted pledge to turn vacant hotel rooms into supportive housing units has failed to materialize as hoteliers see tourism rebound and developers find regulations too onerous and expensive.
Just 16,042 units of affordable housing were built or preserved in the 2022 fiscal year a 46% drop as compared to the 29,408 units produced or preserved in the 2021 fiscal year, which was already lower than usual due to the pandemic.