Skip to content
CityLab
Housing

Eric Adams, Be a YIMBY Hero

The housing shortage has pushed New York City rents to new heights. But a new analysis finds plenty of neighborhoods are ripe for new development — including the Upper East Side.

Eric Adams speaks at the grand opening of the Summit One Vanderbilt observation deck in New York City on Oct. 21, 2021. 

Eric Adams speaks at the grand opening of the Summit One Vanderbilt observation deck in New York City on Oct. 21, 2021. 

Photographer: Jeenah Moon/Bloomberg

New York City’s housing crisis has gone on for so long, it’s easy to forget how straightforwardly it could all be solved. Rapidly rising market rents aren’t a force of nature. When prices rise, we understand that supply hasn’t kept up with demand. When supply fails to catch up to demand over the long term, it often indicates the government’s heavy hand is standing in the way.

In New York City, housing demand has outstripped supply for six decades. What happened in the 1960s that changed everything?