New NYC Housing: Building Permits Up 43% In One Year 

"From outer-borough neighborhoods to the heart of Manhattan, one issue is uniting New Yorkers across income levels: the crushing cost of housing. It was a top issue for voters in the Democratic mayoral primary. With a vacancy rate of 1.4%, the lowest since 1968, the city urgently needs new housing of all kinds, not just affordable units," reported City & State.

"After a construction slump that began in late 2022, there are signs the city may be turning a corner. New analysis of building permits data showed that in the second quarter of this year, the Department of Buildings received 424 new building filings, a 28% increase from the first quarter and a 43% jump year-over-year."