Mayor Eric Adams plans to announce a bold goal of building 100,000 housing units in Manhattan over the next decade during his State of the City address. This initiative aligns with the City of Yes zoning amendment, expected to add 80,000 units citywide over 15 years. Adams’ Manhattan Plan includes rezoning Midtown South to create 10,000 homes and leveraging new powers to permit larger residential buildings. However, challenges like limited space, high construction costs, and political resistance could hinder progress. Despite ambitious targets, including a citywide goal of 500,000 homes, achieving these numbers may prove difficult.
Mayor Eric Adams
