I've been thinking about this for K. I feel like it's a good year to apply to Hunter for K this year as there will be less competition. DH doesn't agree.
I'm with your DH. I think economic insecurity will create insane competition for the most desirable public schools, of which Hunter is probably the most desirable, for K entry at least.
It may be a great year to apply to the less desirable private schools, however.