According to the 2023 Housing and Vacancy Survey there were only 33,210 apartments available for rent out of a total of 2,357,000. NYC doesn’t just “need more housing.” We need a LOT more. 1.4% vacancy is why rent feels impossible. We need 170,000 new homes immediately… and about 100k every year after that. If a politician’s plan doesn’t match that scale… it’s not a plan.
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According to the 2023 Housing and Vacancy Survey there were only 3…
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TikTokhousingny
There are tens of thousands of vacant apartments like this one that are not on the market. After vacancy the rent can’t be reset, and renovation costs can’t be recovered, so the apartment stays empty. This isn’t a mystery. It’s a policy failure.
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There are tens of thousands of vacant apartments like this one th…
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TikTokhousingny
14 reactions |  From long-abandoned to newly owned. After sitting...
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14 reactions |  From long-abandoned to newly owned. After …
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