A Wave of New Apartment Buildings Is Set to Take Over Midtown Manhattan
October 6, 2025
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1:49Now PlayingA Wave of New Apartment Buildings Is Set to Take Over Midtown Manhattan
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as posted by the channelA wave of officetoapartment conversions is coming to midtown Manhattan, providing relief to New York’s housing shortage. Natalie Wong reports Read more
New York’s housing crisis has also come into stark focus as the city prepares for a heated mayoral election in November. Zohran Mamdani, who won the Democratic primary, has been pushing to freeze rents on the city’s stock of rent-stabilized apartments. That could throw a wrench into developers’ calculations on projects, as many companies are relying on a tax break that requires them to include those types of units in their buildings.
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