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A ground-breaking (photo: Ed Reed/Mayoral Photography Office)
New York City has an acute housing shortage, with emergency-level lows in apartment vacancies, especially for units affordable to most New Yorkers, and astronomical rents, a homelessness crisis, and halting recovery from the COVID-19 pandemic.
At the core of the city’s housing supply deficit is a lengthy and cumbersome land use decision-making process, a bureaucratic maze of local and state regulations combined with political dynamics that have often
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