Open New York
@opennewyork.org
Grassroots nonprofit fighting for more homes for all New Yorkers
New housing stops landlords from raising rents—take it from the CEO of AvalonBay, one of NYC's largest landlords:
"We're well-positioned… we face significantly less new supply. Land entitled for multifamily is hard to come by, the amount of time it takes to get those entitlements… sets us up well.”
"We're well-positioned… we face significantly less new supply. Land entitled for multifamily is hard to come by, the amount of time it takes to get those entitlements… sets us up well.”
October 30, 2025 at 10:48 PM
New housing stops landlords from raising rents—take it from the CEO of AvalonBay, one of NYC's largest landlords:
"We're well-positioned… we face significantly less new supply. Land entitled for multifamily is hard to come by, the amount of time it takes to get those entitlements… sets us up well.”
"We're well-positioned… we face significantly less new supply. Land entitled for multifamily is hard to come by, the amount of time it takes to get those entitlements… sets us up well.”