How an NYC Suburb Is Keeping Rents Down
When New Rochelle, NY was faced with a declining population and economy, it set out on a building spree. A decade into the effort, the city – which sits just north of New York City – actually managed to keep rents down, bucking a nationwide trend. WSJ’s Rebecca Picciotto shares how New Rochelle navigated red tape and some community opposition to build thousands of new housing units. Jessica Mendoza hosts.
Further Listening:
- Is NYC’s Mayoral Race All About Rent?
- The Rise of the Yimbys
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When New Rochelle, NY was faced with a declining population and economy, it set out on a building spree. A decade into the effort, the city – which sits just north of New York City – actually managed to keep rents down, bucking a nationwide trend. WSJ’s Rebecca Picciotto shares how New Rochelle navigated red tape and some community opposition to build thousands of new housing units. Jessica Mendoza hosts.
Further Listening:
- Is NYC’s Mayoral Race All About Rent?
- The Rise of the Yimbys
Sign up for WSJ’s free What’s News newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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