Boroughwide

Report: Affordable housing being built in just a few districts in NYC

June 27, 2024 Mary Frost
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CITYWIDE — THE NEW YORK HOUSING CONFERENCE, a nonprofit advocacy group, released on Thursday their annual Housing Tracker Report, which compiles data on housing production in each City Council district. The findings reveal that even though the city produced 14,227 new units of affordable housing in 2023, the highest in recent decades, the rental vacancy rate was 1.41%, one of the lowest since 1965.

Brooklyn Councilmembers included Shahana Hanif, center, at Thursday’s announcement. Photo courtesy of New York Housing Conference
Brooklyn Councilmembers included Shahana Hanif, center, at Thursday’s announcement. Photo courtesy of New York Housing Conference

Median rents shot up eight percent citywide and more than 20% in trendy areas, including Councilmember Lincoln Restler’s District 33 (Brooklyn Heights — Greenpoint), where median rents top $4,000.

Three districts in Brooklyn made the Top Ten new housing list. Chart courtesy of New York Housing Conference
Three districts in Brooklyn made the Top Ten new housing list. Chart courtesy of New York Housing Conference

The report also highlights how housing production concentrates on a small number of communities, many in the Bronx, Brooklyn and Queens. Three of the top ten new housing districts (Districts 37, 33 and 39) are in Brooklyn — while southern Brooklyn (Districts 43 and 47) ranks near the bottom for new housing. 

Bay Ridge was one of the districts with the least new housing built in 2023.
Chart courtesy of New York Housing Conference
Bay Ridge was one of the districts with the least new housing built in 2023.
Chart courtesy of New York Housing Conference

Brooklyn Councilmembers, including Shahana Hanif and Crystal Hudson, joined Bronx Councilmember Rafael Salamanca and other members of the New York Housing Conference at City Hall Thursday to announce the report.

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