NYC politics
fromwww.housingwire.com
1 day agoNYC builds taller housing again, as state, city law reset the stage
New York City is increasing housing density through zoning changes and new initiatives to improve affordability.
Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
People often use condo as a synonym for apartment, but it refers to a particular arrangement: Residents own their unit and share possession of their building's common areas and the surrounding property. Thanks to their efficient use of land, condos cost significantly less than single-family homes in nearly all major cities.
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.