With Favorable Start, de Blasio Claims ‘Momentum’ on Affordable Housing

The de Blasio administration announced on Monday that it has financed 40,204 below-market-rate apartments since taking office in 2014, a figure that puts it on pace to meet its 10-year goal of building or preserving 200,000 units by 2024.

The total includes 13,929 new apartments slated for construction and another 26,275 existing ones that were preserved — a figure bolstered by a deal to maintain 5,000 low- and middle-income units at Stuyvesant Town-Peter Cooper Village in October.