Record Low Inventory: Nassau, Suffolk Rank Near Bottom of New Housing Production

“Long Island’s housing growth rate was among the slowest in the United States from 2012 to 2022, according to a new report. The number of housing units, including houses and apartments, in Suffolk County increased 2% during that 11-year period, while the number of units in Nassau increased 2.7%,” reported Newsday. “That placed Nassau 131st and Suffolk 132nd among 141 U.S. counties with 500,000 people or more, according to the analysis by Construction Coverage, which publishes research for builders and the real estate industry… potential solutions for Long Island could include more towns permitting accessory dwelling units, new housing around train stations and conversions of office space to housing. The Town of Huntington is  considering a proposal to create a walkable, mixed-use development in a commercial corridor in Melville.”