Reports

This report is the third issued by the Office of the State Comptroller since 2009 concerning affordable housing in New York City.

Since the 1970s, farmers’ markets have multiplied and become more popular in New York City and throughout New York State as the locally grown food movement has gained momentum.

The greater downtown Brooklyn area is home to world-class arts and cultural organizations, such as the Brooklyn Academy of Music (BAM).

The greater downtown Brooklyn area is the civic center of Brooklyn and includes the largest business district in New York City outside of Manhattan.

New York City’s tradition as a melting pot of cultures is vividly on display in the Queens neighborhoods of Corona, Elmhurst, East Elmhurst and Jackson Heights. These neighborhoods, which are located in northwestern Queens, have the highest concentration of immigrants in New York City.

The neighborhood of Flushing, located in northcentral Queens, has a rich history steeped in religious tolerance and cultural diversity. Founded in 1645, Flushing was the first permanent settlement in Queens.

Chinese | Korean

Coney Island and Brighton Beach are located on a peninsula in southern Brooklyn, along the Atlantic Ocean. The oceanfront location, along with access to mass transit, helped shape the development of these neighborhoods, which became a summer resort and home to the country’s oldest amusement area.

New York City has a serious lack of affordable housing. The New York State Comptroller issued a report on affordable housing in April 2009 that utilized data from the 2008 New York City Housing and Vacancy Survey (HVS), which is issued every three years.

Since the housing bubble burst in 2007, many homeowners across the nation have faced foreclosure.

New York City has always been a gateway to opportunity for people from around the world. Successive waves of immigration created a melting pot of cultures that left its mark on the City’s history and its neighborhoods.

Spanish | Russian | Chinese | Korean | Haitian-Creole

Long Island City and Astoria are the westernmost parts of Queens, only minutes from Midtown Manhattan. The area benefits from a strong transportation network, which has made it attractive to business and residential development.

In recent years, the number of affordable rental apartments in New York City has declined and more households are devoting at least 30 percent of their income toward rent. These factors have exacerbated an already serious lack of affordable housing in New York City.

The Hunts Point Food Distribution Center, often referred to as the Hunts Point Market, is the largest food distribution center in the world.

Spanish