New York City's housing shortage is worse than many assumed.
A draft report from NYC's Department of Housing Preservation and Development (HPD) and the Department of City Planning (DCP) puts the number at 700,000 homes needed over the next decade.
www.nytimes.com/2026/08/19/n...
nytimes.com
What Will It Take to Fix New York’s Housing Shortage? (Gift Article)
A draft report from the city estimates that 700,000 new units would need to be built over the next decade to accommodate the need for homes.