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Opinion
Justin Fox

New York's Have and Have-Not Housing Market

If you've got lots of money, it's getting easier to find an apartment. If you don't, good luck.
Come and get 'em.

Come and get 'em.

Photographer: Drew Angerer/Getty Images

New York City has added an estimated 488,478 housing units since 1991. For a city that has added 1.1 million jobs over that same period, that's not great, but it's not terrible, either. Where things get complicated -- and in some ways less encouraging -- is in exactly what kind of housing it has added.

These numbers are from the New York City Housing and Vacancy Survey conducted for the city every three years by the U.S. Census Bureau. Full data from the 2017 edition won't be out until this summer, but the city Department of Housing Preservation and Development has prepared a summary of the major findings that was presented at a recent City Council meeting. After being tipped off to its existence on Twitter by Daily News editorial board member Alyssa Katz, I start digging into past such reports. The charts in this column are the result, and they do much to put the city's strange housing market in perspective.