Photo of conference panel Pinsky (at right) and other panelists cited the importance of community outreach.

NEW YORK CITY—Given the consistently high water marks the city has achieved in a number of metrics, from job growth to tourism, “New York City’s in a virtuous cycle,” RXR Realty’s Seth Pinsky said at this year’s RealShare New York conference Thursday. However, Pinsky pointed out, one byproduct of this success is a challenge in producing enough supply to keep up with demand, especially when it comes to affordable apartments. Moreover, he said, “our infrastructure is literally crumbling,” and not only transportation infrastructure.