News
Who Should Actually Solve This? Rethinking How Housing Gets Built in New York
Either the public sector builds housing — funding it, managing it, and owning it — or the private sector is given enough incentive to do so at scale.
For decades, the city has relied primarily on the private market. There is an illustrious if limited history of nonprofit housing development, but it is not currently in wide use. Programs like 421-a, and now 485-x, are designed to bridge the gap between what it costs to build housing and what the market can support.
The 99-Unit Loophole: How 485-x Is Reshaping What Gets Built
Part 2: Michael considers how 485-x is influencing development patterns, with project sizes increasingly clustering below key labor-cost thresholds.
NYC is Building More Housing Than in the Past 60 Years, Why Aren't Developers Optimistic?
Part 1: Michael Goldblum examines the gap between improving housing-production data and the continued caution he is hearing from developers navigating New York City’s regulatory and financial environment.
Announcing our brand new apartment building in Brooklyn
On the site of an old ballroom, we are collaborating with Double U Development to build a new 7 story, 60 unit apartment building. Previous plans included a retail building that was scrapped in favor of much-needed housing