New developers Cirrus Real Estate and LCOR, forming Brooklyn Ascending Land Co., take over Brooklyn's Pacific Park project, pledging $12 million to affordable housing after previous developers defaulted on loans.

The NYC Council approved the Jamaica Neighborhood Plan, the largest rezoning in 20 years, to create 12,000 homes with 4,200 affordable units and bring 7,000 jobs and $413 million in community improvements.

Mayor Eric Adams announces NYC's fourth sale of Social Bonds in October, aimed at funding approximately 2,200 affordable housing units and backed by the city's strong credit ratings.

Mayor Eric Adams boosts NYC's affordable housing budget by $1.8 billion for FY 2026, focusing on thousands of affordable homes, with increased funding for HPD and NYCHA's Section 8 conversions.

New York's Governor Hochul announces over $26 million to support five new housing projects on Long Island, aiming to ease housing shortages with a focus on affordability and accessibility for families, veterans, and individuals with disabilities.

Mayor Eric Adams reports progress in NYC's housing crisis, with plans to create 10,000 new homes on city-owned properties, emphasizing affordability and redevelopment.

New York leaders secured a lease extension for Brookfield Place, boosting city funds by $1.5 billion for affordable housing and ensuring the area's economic vitality.

Mayor Adams and HPD plan to revamp the New Utrecht Library, Bensonhurst, adding affordable housing above it and on an adjacent lot, part of NYC's strategy to enhance libraries and tackle the housing crisis.

NYC launches HDFC Cooperative Technical Assistance Program to support low-income homeowner cooperatives, backed by settlement funds and in partnership with UHAB. Mayor Adams and AG James highlight its role in combating the housing crisis.

The New York State Pavilion, a relic of the 1964 World's Fair, is being restored with a $50 million project, set to include limited tours and night lighting.

NYC Mayor Eric Adams has initiated the Brownsville Arts Center & Apartments (BACA) project, featuring 283 affordable homes and a cultural arts center, aimed at promoting affordable living and community engagement.

The City Planning Commission approved a rezoning plan for Long Island City that includes 15,000 new residential units and commercial space, yet concerns remain about affordability and environmental impacts.

Governor Kathy Hochul announced a $28 million investment in New York for 10 energy efficiency projects, targeting large buildings and affordable housing, to reduce the carbon footprint as part of the Empire Building Challenge.