CRES Event: Breakfast Forum on the Future of Retail Real Estate

Breakfast Forum on
The Future of Retail Real Estate

featuring

KEYNOTE SPEAKERS
Andrea Drasites, Managing Director, Real Estate Group, Blackstone
Hope Knight, President and CEO, Greater Jamaica Development Corporation
Susan Kurland, Executive Vice President and Co-Head, Global Retail Services, Savills Studley
Peter Schwartz ’84, General Counsel, U.S., Westfield Corporation

MODERATOR
Gerald Korngold, Professor of Law and Director, Center for Real Estate Studies, New York Law School

***

WHEN
Tuesday, April 25, … <Read More>

Zoning Committee Hears Testimony on New 22-Story Building in West Chelsea

City Council’s Zoning Committee discusses proposed construction of a 22-story building next to U-Haul depot on West 23rd Street. On March 28, 2017, the City Council’s Zoning Subcommittee heard testimony on an application to modify bulk regulations within the Special West Chelsea District in lower west Manhattan. The applicant, 23rd and 11th Associates LLC, sought a zoning text amendment to permit the distribution of floor area across different commercial zoning districts and subarea boundaries for … <Read More>

Schneiderman Announces $20.9 Million in Grants for NY Land Banks

Attorney General Schneiderman announces large contribution for Land Banks statewide, nearly doubling total grants. On March 24, 2017, New York State Attorney General Eric T. Schneiderman announced $20.9 million in new grants to acquire abandoned properties and rehabilitate them for productive use. The grants were awarded under the Land Bank Community Revitalization Initiative to 19 land banks across the State. The $20.9 million brings the total Schneiderman has invested in land banks to $57 million … <Read More>

One Year Under Mandatory Rules Produces 4,700 Affordable Units

Mayor and City Council celebrate progress in production of affordable housing units since the passage of mandatory affordable rules one year ago. March 22, 2017, marked the one year anniversary of the Mandatory Inclusionary Housing program. The program, which requires developers to include permanently affordable housing whenever a special permit or a rezoning significantly increases the underlying potential residential floor area, has received both praise and chastisement from advocates and Council Members.

Nisha Agarwal: “Lawyers help enforce the law, but also change it”

In 2014, Mayor Bill de Blasio appointed Nisha Agarwal as the Commissioner of the Mayor’s Office of Immigrant Affairs. Agarwal has since pushed forward and implemented IDNYC, New York City’s municipal ID card, a program that ensures that all New York City residents have access to City services. More than 900,000 New York City residents have signed up in the two years the program has operated. Agarwal also supervises ActionNYC. ActionNYC connects New Yorkers with … <Read More>

Buildings Exempted from Rent Law

Red Hook developer converted commercial buildings into residential apartments. Harbor Tech LLC in 1999 purchased a commercial complex located in the Red Hook neighborhood of Brooklyn that had been built in the 1920s and used continuously for commercial purposes. Harbor Tech by 2005 had converted the five interlaced buildings of the complex into 100 residential units.

Thirty-five residents of the complex in 2013 sued Harbor Tech to have the City’s Rent Stabilization Law applied … <Read More>