NYC’s Affordability Crisis: Is 421-a Extension the Solution?

New York City is undeniably facing a housing affordability crisis.  In a recent interview, Jonathan F.P. Rose, founder and president of Jonathan Rose Companies and the Cornell Real Estate Council’s 2017 Industry Leader Award recipient, estimated that New York City has a shortage of 800,000 affordable housing units – equating to 26% of New York… Continue Reading NYC’s Affordability Crisis: Is 421-a Extension the Solution?