N.Y.C. Housing Isn’t Being Built Fast Enough, Report Says

N.Y.C. Housing Isn’t Being Built Fast Enough, Report Says

In 2022, Mayor Eric Adams set a “moonshot” goal of building 500,000 homes over the next decade. With people pouring into New York City from around the world and many locals tired of living in overcrowded apartments, housing experts and other politicians agreed that the need for more housing was urgent. But it is taking on average more than three years to build a single apartment building and the city is not on track to meet that goal, according …