The cost rose a lot following the pandemic. And some of that was supply chain issues that really increased the costs, and then they didn't quite come back down. And now tariffs are also impacting some products. These costs are part of the reason the amount of new rental housing stock is shrinking.
The report, published Tuesday, calls for NYCHA to keep better tabs on its vacant homes, the majority of which are awaiting-often extensive, and legally required-remediation work after the prior tenant moved out and before they can be rented again.
This is both a huge victory, getting vouchers into people's hands for the first time is an incredible win. But the crisis means we need much more. With a housing voucher, households typically spend 30 percent of their income on rent and the government pays the landlord the rest.
I was shocked at how vividly the contrast of the city's low and high density came to life when I visited the new exhibit at the Museum of the City of New York. What the model most powerfully shows is that most of the city is actually a suburb of one and two-story buildings. The New York of our minds, towering structures and vast numbers of people, is really quite limited.