New York’s housing crisis and the approaching 2024 budget deadline
03/05/24 • 20 min
Four weeks to go until the New York state budget deadline and the question on everyone’s mind, is will we get a housing package?
A budget deal is New York's best shot at securing new housing legislation in 2024.
But lawmakers and the governor remain at odds over a host of issues, and it's unclear if they're willing to set aside their differences in the interest of the greater good.
Jay Martin explains the situation, the stakes, and a whole lot more in this very first episode of Housing New York.
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Four weeks to go until the New York state budget deadline and the question on everyone’s mind, is will we get a housing package?
A budget deal is New York's best shot at securing new housing legislation in 2024.
But lawmakers and the governor remain at odds over a host of issues, and it's unclear if they're willing to set aside their differences in the interest of the greater good.
Jay Martin explains the situation, the stakes, and a whole lot more in this very first episode of Housing New York.
Visit our website for more information.
Follow Us:
BlueSky
X
Instagram
Tiktok
Next Episode
421a to play big role in NYS budget? Housing vacancy survey results, NYCB in crisis, & much more...
It's been a rough year for rent stabilized housing and it's been a rough year for New York Community Bank, which is struggling to stay afloat amid news of a very bad fourth quarter.
The link between NYCB's woes and rent stabilized apartments in distress cannot be overlooked; any bank holding these loans may find itself in a precarious position.
So what's Albany doing about it?
Join us each week as we explore the latest developments and challenges in the country’s biggest real estate market.
Visit our website for more information.
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Housing New York with Kenny Burgos - New York’s housing crisis and the approaching 2024 budget deadline
Transcript
Less than a month to go until the New York State budget deadline, and the question on everyone's mind is if we will actually get a housing package. A budget deal is the best shot we've got at securing any new housing legislation this year, but lawmakers and the governor remain at odds over a host of issues.
It's a critical time for New York housing. So let's start Housing New York. We declared a housing emergency over 50 years ago. We need 800, 000 units to meet
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