New York CNN —
New York City frontrunner for mayor Zohran Mamdani has an ambitious agenda to tackle the city’s housing crisis. But the spiraling costs to develop affordable housing, President Donald Trump’s efforts to gut federal housing aid and other obstacles may derail his goals.
New York City is in the grips of its worst housing shortage in more than 50 years. Only 1.4% of apartment rentals are available, and the typical New York City household pays more than half of its $70,000 income on rent.
The city’s leaders for decades have promised
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