Mayor Eric Adams announced that New York City has achieved a record-breaking number of affordable housing units, with nearly 29,000 units preserved and constructed over the last year. This marks back-to-back record-breaking years for the city's affordable housing initiatives. The mayor emphasized that these efforts are part of a broader push to make the city more affordable and address the housing crisis, which he likened to modern ‘Jim Crowism’. Tax breaks were cited as a contributing factor to this achievement. Additionally, over 3,600 New Yorkers have successfully transitioned out of city shelters. However, critics remain skeptical of the mayor's efforts to fully resolve the housing crisis.
