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New York City Faces Escalating Housing Crisis as Thousands Fall Behind on Rent

Pro Builder

New York City Faces Escalating Housing Crisis as Thousands Fall Behind on Rent ldeakins Tue, 01/24/2023 - 11:39 The New York City Housing Authority collected its lowest share of rent payments on record in 2022, and as housing costs continue to soar, the agency faces a dire financial crisis Over 1,600 public housing agencies across the U.S.

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New York City Housing Markets See Post-Pandemic Growth

Pro Builder

New York City Housing Markets See Post-Pandemic Growth. After a year of sluggish market growth during the pandemic, New York is seeing a resurgence of home buying with one firm reporting the most third-quarter sales in over three decades. a New York residential brokerage firm. Housing Markets.

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New York City Owner Elevates Affordable Housing

ENR Construction

L+M Development Partners, ENR New York's Owner of the Year, is on the forefront of innovative affordable housing development in the city and across the country.

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New York City's Exodus Creates 'Insane' Demand in Suburban Counties

Pro Builder

New York City's Exodus Creates 'Insane' Demand in Suburban Counties. Suburbs surrounding New York City are experiencing unprecedented demand, which can be seen in one $285,000 New Jersey home which received 97 showings, 24 offerings, and a final selling price 21% over asking, according to The New York Times.

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First RFP requiring modular construction on New York City housing project issued

BD+C

The New York City Department of Preservation and Housing recently issued its first request for proposals under its Housing 2.0 The RFP is for a new mixed-use affordable housing project on city-owned 49,397 sf site in Brooklyn. modular construction initiative.

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3 affordable housing projects that serve as social catalysts

BD+C

3 affordable housing projects that serve as social catalysts 0 qpurcell Mon, 09/25/2023 - 12:49 Affordable Housing Trish Donnally, Associate Principal, Perkins Eastman, shares insights from three transformative affordable housing projects. Housing is Fundamental “Housing is absolutely essential to human flourishing.

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Passive House standards proving their worth in multifamily sector

BD+C

A recent study from the New York City Department of Housing Preservation and Development, the Community Preservation Corp., BrightPower and Steven Winter Associates, found that multifamily dwellings built to Passive House standards significantly outperformed conventionally built buildings in energy efficiency.