The Tariffs Have Come for New York City Real Estate
Briefly

The article highlights the anxiety facing the home-building industry as tariffs implemented by the Trump administration disrupt supply chains and halt project orders. Architect Holly Mumford expresses concern for both new and ongoing construction due to rising material costs. With inquiries from potential clients drastically reduced, she is exploring solutions to maintain affordability, initially designed into her plans. The overall sentiment suggests that while the real estate market had started 2025 with optimism, the current impact of tariffs introduces significant challenges for industry professionals.
I don't know if the things I'm looking at now will move the needle enough, but I'm going to try.
People, understandably, are wary of starting projects right now.
The real-estate industry entered 2025 with a fair amount of optimism.
Read at Curbed
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