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Flatbush Scoop · Sep 10, 2026

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City Council members are pressing the Mamdani administration for action on New York City’s housing shortage, with new city data showing the residential vacancy rate at just 1.4%. Officials say half of NYC renters now spend more than one-third of their income on rent, while more than 57,000 rent-stabilized apartments are currently being kept off the market. The Council is reviewing the mayor’s housing plan as lawmakers push for additional steps to increase the city’s available housing supply.

City Council members are pressing the Mamdani administration for action on New York City’s housing shortage, with new city data showing the residential vacancy rate at just 1.4%. Officials say half of NYC renters now spend more than one-third of their income on rent, while more than 57,000 rent-stabilized apartments are currently being kept off the market. The Council is reviewing the mayor’s housing plan as lawmakers push for additional steps to increase the city’s available housing supply.

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