REBNY Issues New Report on Landmarking and Housing Production

REBNY report shows that housing production, particularly affordable housing, is drastically lower in landmarked areas in the five boroughs. In 2013, the Real Estate Board of New York conducted a study which showed that nearly 28 percent of Manhattan is landmarked and that fewer than 2 percent of new housing units built in Manhattan over a ten-year time period (2003-2012) were constructed on landmarked properties. On July 1, 2014, REBNY released a new report which … <Read More>