New York City is on pace to complete more than 50,000 new housing units by the end of the year, a milestone that would align with Mayor Eric Adams’ long-term housing goal — but one that experts warn may be difficult to replicate in future years.

According to newly released data from the Department of City Planning, developers finished construction on 25,674 residential units in the first six months of 2025. 5

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If that pace holds, the city could close out the year with more than 50,000 completions — far surpassing last year’s tally of just over 30,000, itself the highest figure since 1965.

“These homes will make a meaningful difference in bringing down costs and addressing our city’s housing crisis. But we know there’s more work to be done,” Dan Garodnick, director of the Departm

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