Bloomberg's Housing Plan Gains, Loses

Despite the NYC Mayor's progress in preserving or creating affordable housing, overall the city has seen net losses.

1 minute read

October 15, 2009, 2:00 PM PDT

"The shrinking supply of these apartments, highlighted by researchers at New York University, illustrates not only the increasing strain that housing costs have had on this city of renters, but also the limits of the mayor's success in providing the city's poor with reasonable places to live. While the mayor's plan has put thousands of low-income families in new or rehabilitated buildings and helped stabilize neighborhoods, it has been nearly drowned out by the twin waves of gentrification and rent deregulation."

FULL STORY: As City Adds Housing for Poor, Market Subtracts It

Wednesday, October 14, 2009 in The New York Times

Housing New York Affordable Housing New York City

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