Pandemic-Proof Real Estate: Whither NYC?

The president of Hudson Companies and The Planning Report’s first editor, David Kramer, discusses New York City’s COVID response and recovery and its likely impact on multifamily housing development going forward.

1 minute read

July 10, 2020, 6:00 AM PDT

By Clare Letmon

Manhattan, New York City, New York

Ryan DeBerardinis / Shutterstock

Public fear of contagion has ignited—as disasters and crises often do—an examination on the appeal of city life and especially the appeal of urban density and reliance on public transit. To better understand how COVID is impacting residential preferences in New York City, TPR caught up with the president of Hudson Companies and TPR’s first editor, David Kramer, to better understand his city’s COVID response and recovery and its likely impact on multifamily housing development going forward. 

A self-proclaimed NYC booster, Kramer affirms his bullish outlook for the city and calls for a “Manhattan Project for Testing" to restore public confidence in urban life.

"New York City does not and will never have enough housing or new supply, and I just think that down the road when the smoke clears, people are going to want to live in New York as they have for the last 30 years." —David Kramer

For the full interview, visit The Planning Report.

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