Brad Lander Proposes Ambitious Plan to Tackle NYC's Housing Crisis

Market Update

March 19, 2025

Brad Lander, currently serving as NYC’s comptroller, has made it clear that addressing the city's housing crisis will be his top priority if elected mayor. His recently released 30-page housing strategy outlines several bold steps designed to make New York City more affordable for residents.

One of Lander’s key proposals includes declaring a housing state of emergency on day one, enabling immediate executive actions to streamline processes and secure additional funding for affordable housing initiatives.

His goal is to construct an impressive 500,000 new homes over the next decade, significantly boosting both market-rate and affordable housing supply.

A particularly attention-grabbing element of Lander’s plan involves repurposing public golf courses into residential developments, creating approximately 50,000 new housing units.

While this proposal might face opposition from nearby residents, Lander is confident his extensive experience in urban planning and his political track record—highlighted by the successful redevelopment of Brooklyn's Gowanus neighborhood—will help him navigate potential obstacles.

Additionally, Lander intends to triple subsidies for affordable housing, a measure aimed at drastically reducing rental costs for working-class New Yorkers. Recognizing that housing affordability is critical for the city’s economy and stability, he plans to establish a citizens assembly to fast-track solutions and simplify the development process citywide.

Lander’s plan aligns with broader sentiments among mayoral candidates who universally acknowledge the urgency of the housing crisis. The consensus is clear: New York City needs more housing, and fast.

With rental affordability at a historic low and the city's future growth at stake, ambitious solutions like those proposed by Lander are not just welcome—they’re essential.

Disclaimer: This content is meant for informational purposes only and is not intended to be construed as financial, tax, legal, or insurance advice.

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