Building, Taxing, and Financing: New York City's Recent Measures to Tackle the Housing Crisis

The New York City local government is one of the largest of its kind, with hundreds of city agencies and elected offices. The Mayor, city agencies, the city council, the comptroller, the public advocate, the borough presidents, and community boards organize to provide services and improve the quality of life in the biggest city in the United States and a primary tourist destination. Like other metropolises in the world, urban developers and authorities in New York are facing common challenges: the atmospheric effects and permanent consequences of the climate crisis, the saturation of transport systems, the lack of housing units, and barriers to accessing adequate housing. During June, the New York City mayor's office announcements addressed traffic and mobility, sports events, immigration, and extreme heat. In recent months, a series of policies have been announced to address a larger problem: ensuring access to housing for a greater number of people through government action.