"New NYC Housing Plan"

On May 5, 2014, Mayor Bill de Blasio announced Housing New York: A Five-Borough, Ten-Year Plan (the "Plan"), the City's new comprehensive housing plan. Over the next decade, the de Blasio administration hopes to build or preserve 200,000 affordable housing units in New York City, alleviating the City's housing crisis.

This Stroock Real Estate Special Bulletin summarizes key aspects of the Plan.