Multifamily construction activity in New York City is contending with record lows — but could be showing some signs of life.   The third quarter of 2025 saw the lowest number of multifamily construction starts in the city since 2011, according to CoStar data shared with The Real Deal. Only 894 units began foundation work last quarter.  However, the number of units proposed by developers surged in the same period, according to separate data from the Real Estate Board of New York published Wednesday. Developers filed permits for 11,746 multifamily units in the period, a 69 percent increase from the prior […]

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