The New York Times recently outlined some of the facts underpinning NYCs housing crisis ahead of an upcoming final City Council vote on Mayor Eric Adams amended City of Yes zoning overhaul plan for 80,000 new residential units on December 5th.Among the interesting takeaways: only 10% of zoned residential lots allow for the construction of high- or moderate-density buildings through "as of right" development. The plan also calls for ADUs and a framework to fund office conversions, which account for 20,000 units.Currently, the rate of new apartment construction in the city is still at historic lows. The Regional Plan Association estimates there will have to be 473,000 more units of housing by 2032 to match its current needs.(h/t Forbes.)