What we are seeing is a perfect storm.

a crucial part of the citys affordable supply.Noam Galai/Getty Images New York CNN New York City frontrunner for mayor Zohran Mamdani has an ambitious agenda to tackle the citys housing crisis.

But affordable housing development is devilishly complicated and requires deep government subsidies to make units affordable to low-income tenants.a non-profit affordable housing lender.Yuki Iwamura/Bloomberg/Getty Images So experts warn that any rent freeze without financial support for smaller owners will lead to apartments falling into disrepair — especially fully rent-stabilized buildings in New York Citys outer boroughs.

Housing construction projects are seen in the Gowanus neighborhood in Brooklyn.but thats nowhere near the roughly $80 billion NYCHA has estimated it needs to fully rehabilitate all of its buildings.

This would devastate housing affordability in New York City.

The board on Monday approved rent increases on new leases beginning in October.But what if that force could instead be redirected and harnessed to create whole cities? An ambitious project from Icelandic firm s.

ap arkitektar has made a film imagining the year 2150.when such building technology could become a reality.

presented at this years Venice Architecture Biennale (running until November 23).columns and other architectural elements capable of producing new settlements.