Weisbrod: NYC Can’t Solve Housing Affordability Crisis on Its Own

In order to eliminate the difficulty hundreds of thousands of New Yorkers have paying their rent, New York City would need to build 500,000 units of affordable housing, according to Mayor Bill de Blasio’s planning commissioner. “If we had 500,000 more affordable units, what it would do is that everyone in the city would be living in non-rent-stressed conditions," planning commissioner Carl Weisbrod told a reporter Friday, after a Regional Plan Association panel on which he appeared. "I don’t actually believe that New York City can solve the affordability housing problem,” he said. “We can address it, we can improve it. But we’re not going to solve it unless there’s a broader regional approach and there’s more affordable housing, not just in the city but in the surrounding region.”

Read the full article in Politico New York