Reducing the Cost of New Housing Construction in New York City
Publication Date: September 1999
Publisher(s): Furman Center for Real Estate
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Affordable Housing; Housing Prices
New York City has been in a self-proclaimed housing “emergency” since the end of World War II. While the rest of the nation responded to postwar housing shortages with a construction boom that left all but low-income households appropriately housed, in New York City developers have not even been able to produce enough housing to satisfy the needs of the middle class.