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The Pandemic Slowed Housing Construction in New York City; What's Next?


Last year, as the pandemic crushed the economy and public life, annual new housing construction in New York City dropped by 4,600 units to 20,200, the lowest since 2015, according to the city Department of City Planning. While new affordable housing kept pace with previous years and overall housing production picked up in the latter half of 2020, building permits remain relatively low in the first several months of this year, portending an uncertain future for the city s housing stock.
New York has faced a housing emergency for years before the onset of the pandemic, with low vacancy rates and a large portion of residents rent-burdened. The number of units on the rental market more than tripled last summer and remains more than double what it was pre-pandemic. But the ratio of new jobs to housing has remained high since the Great Recession and there is broad agreement among city planners and developers, among others, that more housing is a critical need in the near- and long-t ....

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Scott Stringer Denies Sexual Abuse Accusations As Mayoral Rivals Call On Him To Withdraw From Race


Scott Stringer Denies Sexual Abuse Accusations As Mayoral Rivals Call On Him To Withdraw From Race
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Scott Stringer, the city comptroller, delivers a news conference following allegations of sexual abuse.
Gwynne Hogan / WNYC
Scott Stringer, the New York City comptroller and mayoral candidate, on Wednesday categorically denied accusations that he sexually abused and harassed a woman two decades ago during his campaign for NYC public advocate, saying that the two had a strictly consensual on and off relationship.
Stringer, a Democrat who is considered one of the leading candidates in the race for mayor, finds himself facing a crisis after Jean Kim, a longtime lobbyist, accused Stringer of repeatedly groping and kissing her when she said she worked as an unpaid intern in 2001. ....

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Mayor Bill de Blasio Announces $98.6 Billion 'Recovery Budget'


Mayor Bill de Blasio on Monday released a $98.6 billion executive budget proposal for the 2022 fiscal year, relying on new federal funds to massively increase spending aimed at spurring the city’s recovery from the coronavirus pandemic.
The mayor’s “recovery budget” invests deeply in New Yorkers, he said at his budget presentation from City Hall, with resources going towards fair student funding, summer youth programs, early childhood education, job creation, gun violence prevention, mental health services, nonprofit community groups, small businesses, and more.
The executive budget reflects a $6.3 billion increase in spending compared with the mayor’s preliminary budget proposal released in January, when the administration was uncertain about the level of federal stimulus that would be delivered by the federal government and prepared for the worst-case scenario. But the $1.9 trillion American Rescue Plan Act approved by President Biden and the Democratic Congr ....

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