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Diane Publishing Books
Growing Gap: New York Cityńˇ╗s Housing Affordability Challenge
Scott M. Stringer (ed); Frank Braconi (au); Stephen Corson (au)
New York City has been a national laboratory for innovative affordable housing policies ńˇ˝- from the Tenement House Laws of the late 19th and early 20th century, to the development of the nationńˇ╗s largest public housing system in the 1930s, to the sweeping community development efforts of the 1980s and beyond. But just as New Yorkńˇ╗s housing environment has continually evolved, so has the depth and complexity of its affordable housing challenge ńˇ˝- that today is marked by an evaporation of low-rent housing, record homelessness, an increasingly aged building stock, and rapid shifts in the cityńˇ╗s economic and demographic landscape. The figures in this report tell a sobering story -- of stagnant incomes, rising rents, and a deepening affordability crunch, especially for the working poor and others at the lower end of the income spectrum -- despite significant housing investments during the 12 years of the Bloomberg mayoralty. The report examines why housing in NY has become so expensive and discusses housing priorities for post-Bloomberg NY. Figures and tables. This is a print on demand report.
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