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Excerpt:

More than 80% of New York City families can’t afford childcare even as providers are struggling to survive and closing in increasing numbers, a think tank report finds.

The report, which was released by 5Boro Institute on Tuesday, calls on the Adams administration to address the growing childcare affordability crisis that the institute says is driving young families — particularly Black families — to leave the city. The report comes as the city deals with rising rents and eviction rates, surging child poverty numbers, and a safety net riddled with delays and limited services.

“The future of our city depends on the availability of affordable, high-quality childcare,” said Grace Rauh, the institute’s executive director, in a statement.