City Launches $50 Million Initiative for Minority-Business Enterprise Developers to Work on Affordable Housing

On March 4, 2024, New York City Mayor Eric Adams, the New York City Housing Preservation Development (HPD) Commissioner Adolfo Carrión Jr., and New York City Housing Development Corporation (HDC) President Eric Enderlin announced an initiative to provide up to $50 million to help Minority Business Enterprises (MBE) overcome financial barriers and participate in developing much needed affordable housing for New Yorkers. The “New York City Minority Business Enterprise Guaranty Facility” is established in partnership … <Read More>


Mayor, Governor, and Port Authority Agreement to Support Port Authority Bus Terminal Replacement

On March 12, 2024, Mayor Eric Adams, Governor Kathy Hochul, and the Port Authority of New York and New Jersey announced a deal to support the replacement and expansion of the Port Authority Bus Terminal in Midtown. The 73-year-old facility currently serves over 200,000 people on an average weekday, but struggles to meet current needs. The replacement is expected to meet 2040-2050 commuter growth. 


City Selects Two Companies to Redesign Sidewalk Sheds as Part of City’s ‘Get Sheds Down’ Plan

On February 29, 2024, Mayor Eric Adams, Buildings Commissioner Jimmy Oddo, and Mayor’s Office of Contract Services Director Lisa Flores announced the selection of two companies to redesign scaffolding sheds as part of the “Get Sheds Down” plan to improve sidewalk sheds. The companies, Arup US and Practice for Architecture and Urbanism, will work on six new designs to provide contractors with cost-effective options.



City Imposes Two-Year Facade Inspecting Ban for Engineer Following December Partial Building Collapse in the Bronx

On February 22, 2024, Mayor Eric Adams and the Department of Buildings announced an agreement for a two-year suspension for a professional engineer to conduct facade inspections following the December 2023 partial collapse of 1915 Billingsley Terrace in the Bronx. Several families lost their apartments, although there fortunately were no fatalities or serious injuries.


City Initiative to Help Create Affordable Housing for CityFHEPS Voucher Holders

On February 8, 2024, New York City Mayor Eric Adams and New York City Department of Social Services (DSS) Commissioner Molly Wasow Park announced the Affordable Housing Services (AHS) initiative that will serve to create 1,500 permanent affordable homes. The homes created under AHS will specifically aid New Yorkers who are exiting the shelter system with City Fighting Homelessness and Eviction Prevention Supplement (CityFHEPS) vouchers. In addition to the launch of AHS today, DSS has … <Read More>