The Rent Guidelines Board preliminarily voted last month for a range of hikes for New York City's rent-stabilized apartments with a possible rent freeze on the table.
ADUs, sometimes called granny flats, can be basement apartments, attic conversions, an attached addition, a detached backyard unit, or a converted garage.
It will be 100% affordable, with more than 61 one-bedroom apartments that rent for around $900, and 44 two-bedroom apartments that rent for about $2,550.
A parish on the Upper West Side will stay open thanks to an agreement with developers and new affordable housing.
Nearly 3 million New Yorkers are spending more than 30% of their income on housing, according to a New York State Comptroller Report.
Newly-inaugurated New York City Mayor Zohran Mamdani hit the ground running on Thursday afternoon, signing three executive orders designed to confront the city's housing crisis.