for repairs and upkeep. Meanwhile, bureaucratic obstacles, rising costs and local opposition continue to scuttle new housing projects.
The position isn’t quite what housing advocates had in mind when they urged Adams to create a dedicated deputy mayor position, but Williams said she wants to see how the person moves “within the highest level of executive government.” That housing crisis is having the most impact on the lowest-income New Yorkers. Less than 1% of apartments priced under $1,500 a month were vacant and available to rent, according to the city’s most recent housing survey. But middle-income renters are also feeling the squeeze as rents rise citywide.
Source: Real Estate Daily Report (realestatedailyreport.net)
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