{"id":355319,"date":"2026-09-24T03:02:21","date_gmt":"2026-09-24T03:02:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/355319\/"},"modified":"2026-09-24T03:02:21","modified_gmt":"2026-09-24T03:02:21","slug":"trump-and-mamdani-discuss-plan-for-entire-new-neighborhood-in-nyc","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/355319\/","title":{"rendered":"Trump and Mamdani Discuss Plan for &#8216;Entire New Neighborhood&#8217; in NYC"},"content":{"rendered":"<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">President\u00a0Donald Trump\u00a0and\u00a0<a target=\"_blank\" href=\"https:\/\/www.realtor.com\/news\/trends\/mamdani-nyc-housing-plan-affordable-homes-landlords-tenants\/\" rel=\"nofollow noopener\">New York City Mayor\u00a0Zohran Mamdani<\/a>\u00a0met on Monday to discuss housing affordability and the planned Sunnyside Yard\u2014a massive Queens\u00a0<a target=\"_blank\" href=\"https:\/\/www.realtor.com\/advice\/hyperlocal\/nyc-will-name-12-lowest-producing-districts-for-affordable-housing-fast-track\/\" rel=\"nofollow noopener\">redevelopment<\/a>\u00a0project that has been in discussion for decades.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">While Trump was in <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/local\/market\/new-york\" rel=\"nofollow noopener\">New York<\/a>\u00a0to address the U.N. General Assembly, he stopped by\u00a0<a target=\"_blank\" href=\"https:\/\/www.realtor.com\/news\/trends\/zohran-mamdani-wife-home-gracie-mansion-mayor\/\" rel=\"nofollow noopener\">Gracie Mansion<\/a>, the historic Upper East Side official residence of the city&#8217;s mayor.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">The last time a sitting president visited Gracie Mansion was in 1981, when President\u00a0Ronald Regan\u00a0met with Mayor\u00a0Ed Koch.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">This is the third meeting between Trump and Mamdani since the mayor was sworn into office on Jan. 1, 2026. While speaking to the press after their meeting, the officials shared that their discussion focused on improving\u00a0<a target=\"_blank\" href=\"https:\/\/www.realtor.com\/news\/real-estate-news\/nyc-rent-freeze-passes\/\" rel=\"nofollow noopener\">affordability for New Yorkers<\/a>, especially as the cost of living continues to grow.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">\u201cEach day, millions of New Yorkers struggle to get by in a city where a decent life costs too much, where a future of possibility and prosperity feels forever just one paycheck out of reach, where dignity is not accorded to all but only afforded by some,\u201d Mamdani said to the press.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">\u201cAt a time where hundreds of thousands of New Yorkers are asking the questions of how they can afford this city, I appreciate the conversation that the president and I have had on the subject of how we can make it easier to afford life in this great city that we call our home.\u201d<\/p>\n<p>The 184-acre Sunnyside Yard master plan in Queens envisions deck infrastructure built over active rail yards to deliver 12,000 affordable homes, 60 acres of public open space, and a new regional transit station.Practice for Architecture Urbanism<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Among the solutions discussed in the meeting was the development of housing over the Sunnyside Yard train junction in Queens, a proposal Mamdani has championed as he seeks $21 billion in federal funding to jump-start the project.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">\u201cWe\u2019re speaking about 12,000 homes, 30,000 jobs, the prospect of an entire new neighborhood in a city where housing is the No. 1 cost,\u201d Mamdani said about the development.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Trump added that he\u2019s seen discussions about Sunnyside Yard for several decades, but he thinks Mamdani may \u201chave a shot at doing it,\u201d and he knows it will be a dual effort.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">\u201cIt\u2019s a very federal-oriented job. You\u2019re going to need a lot of federal approvals and probably some federal money to do it,\u201d Trump stated of the large task at hand. \u201cBut it\u2019s always been a great location.\u201d<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">The president went on to say that Sunnyside will have \u201cat least a pretty substantial component\u201d of low-income housing options to ensure affordability for New Yorkers.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Although Trump and Mamdani did not go into the specific timeline or process for this new neighborhood to come to fruition, they shared that they agreed to set up \u201ca new level of that conversation\u201d between the operations team at <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/New-York\" rel=\"nofollow noopener\">New York<\/a>\u2019s City Hall and the White House team.<\/p>\n<p>Renderings show the Sunnyside Yard project, envisioned as a new neighborhood built on top of an active rail yard.Practice for Architecture Urbanism<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\"><a target=\"_blank\" href=\"https:\/\/www.realtor.com\/research\/nyc-q2-2026-rent\/\" rel=\"nofollow noopener\">Housing affordability in New York City<\/a>\u00a0has been a conversation for a long time, but New Yorkers have yet to see significant relief. In the second quarter of 2026, the <a target=\"_blank\" id=\"https:\/\/www.realtor.com\/news\/trends\/college-grads-toughest-rental-market-nyc-july-2026-rent-report\/\" type=\"link\" href=\"https:\/\/www.realtor.com\/news\/trends\/college-grads-toughest-rental-market-nyc-july-2026-rent-report\/\" rel=\"nofollow noopener\">median asking rent in New York City<\/a> was $3,707, an increase of $164, or 4.6%, compared to the same quarter of 2025.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">While the rental price for apartments with three or more bedrooms decreased slightly since last year, the price increase for apartments with zero to two bedrooms shows that more renters are competing for smaller, more affordable units.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Manhattan saw the sharpest increase, with median asking rent jumping 9% year over year. Brooklyn and Queens followed closely behind with 5.9% and 5.6% increases, respectively.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Young New Yorkers and recent college graduates feel this squeeze substantially. Based on rentals listed on <a target=\"_blank\" href=\"http:\/\/realtor.com\" rel=\"nofollow noopener\">Realtor.com\u00ae<\/a> and Class of 2026 salary projections from the\u00a0<a rel=\"noopener noreferrer nofollow\" target=\"_blank\" href=\"https:\/\/www.naceweb.org\/about-us\/press\/2026\/salaries-expected-to-climb-for-class-of-2026-grads-despite-flat-hiring\">National Association of Colleges and Employers<\/a>, we found that the median asking rent for a studio apartment in New York City would consume 38.2% of a computer science graduate\u2019s pre-tax salary or 45.2% of a business graduate\u2019s pre-tax salary.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">To compare, the median asking rent for a studio apartment across the 50 largest U.S. metros would consume just 20.9% of the average national salary for a computer science graduate and 24.% for a business graduate.<\/p>\n","protected":false},"excerpt":{"rendered":"President\u00a0Donald Trump\u00a0and\u00a0New York City Mayor\u00a0Zohran Mamdani\u00a0met on Monday to discuss housing affordability and the planned Sunnyside Yard\u2014a massive&hellip;\n","protected":false},"author":2,"featured_media":355320,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1586,153,9,24,55,54,17061,56,1115,82],"class_list":["post-355319","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-affordability","tag-donald-trump","tag-new-york","tag-new-york-city","tag-new-york-city-headlines","tag-new-york-city-news","tag-new-york-ny","tag-ny","tag-video","tag-zohran-mamdani"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/355319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=355319"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/355319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/355320"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=355319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=355319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=355319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}