Climate Change and New York City’s Housing Stock

Report | Apr. 2026

Climate Change and New York City’s Housing Stock

Samuel Stein, Oksana Mironova, Iziah Thompson, Yvonne Peña, Brianna Soleyn

Summary:

New York City faces two existential crises: an out-of-control housing market, with prices entirely divorced from most New Yorkers’ economic capacities; and rising temperatures and tides from climate change, which are making parts of the city increasingly unlivable and are presenting dangers to New Yorkers everywhere.

In a series of briefs, we survey the impacts of climate change—particularly flooding and extreme heat—on the city’s housing stock, focusing on the housing types that most low-income New Yorkers call home: rent-stabilized apartments, public housing, subsidized housing, and small (1–4 housing units) buildings.

Issues: Affordable Housing

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