New York Attorney General Eric Schneiderman speaking at New York Law School. Image credit: CityLaw
A New York City landlord was indicted for mortgage fraud scheme in Lower Manhattan, stemming from tenant harassment investigation. On April 6, 2017, New York State Attorney General Eric T. Schneiderman announced the indictment of Dean Galasso, a New York City landlord. Galasso was indicted on six felony charges in relation to an alleged scheme to fraudulently obtain a multi-million-dollar mortgage to finance the acquisition of a rental building. Galasso faces one count of Grand Larceny, two counts of Forgery, two counts of Criminal Possession of a Forged Instrument, and one count of Falsifying Business Records. If convicted, Galasso could face up to 25 years in prison. (read more…)
Mayor De Blasio at New York Law School. Image Credit: CityLand
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. (read more…)
Flushing Meadow Corona Park with District Overlay.
Council Member’s lawsuit over non-profit park alliance’s structure and funding continues after the City attempted to squash the claim. On February 16, 2017, the New York Supreme Court denied the City’s motion to dismiss a suit against the Mayor regarding the Flushing Meadows Corona Park Alliance.
In July 2016, Council Member Rory Lancman brought a suit against both the Mayor and the Alliance in New York State Supreme Court. In the complaint, Lancman alleged that the composition of the Alliance’s Board of Directors violated the City’s Administrative Code. Specifically, Lancman argued that Administrative Code Section 18-137(b) requires every licensed non-profit conservancy entity for a park to have local representation appointed to the board of directors by the council member of each district that the park is located within. Lancman also alleged that the Alliance’s funding structure violated the City Charter. Section 109 of the City Charter reads, “All revenues of the city . . . not required by law to be paid into any other fund or account shall be paid into a fund to be termed the ‘general fund.’” Lancman alleged that the USTA’s initial and annual payments violated this section of the Charter because the payments went directly to the City Parks Foundation and then the Alliance instead of the City’s general fund, which would then be subject to the Charter’s budget process. (read more…)
Mayor Bill de Blasio. Image credit: CityLaw.
Mayor’s new homelessness plan includes broad reforms in current systems and the replacement of 360 shelter cluster sites with 90 new shelters citywide. On February 28, 2017, the Mayor’s Office released a 128-page report entitled “Turning the Tide on Homelessness.” The report outlines the steps the administration will take going forward to better combat the rising homeless crisis in New York City. (read more…)
Mayor Bill de Blasio. Image credit: CityLand
The Mayor’s Administration moves to deepen affordability of housing for lowest-income families and to aid more senior citizens. On February 10, 2017, Mayor Bill de Blasio announced two new housing initiatives to help seniors, veterans and families who are suffering the most from the housing crisis. The Mayor intends to increase by 10,000 the number of apartments in Housing New York serving households earning less than $40,000 a year. Of those additional 10,000, the Mayor will dedicate 5,000 to senior citizens and 500 to veterans. The Mayor will dedicate $1.9 billion to the expansion of this housing. The second initiative is an Elder Rent Assistance program to serve more than 25,000 seniors with monthly rental assistance up to $1,300. The new program is expected to be funded by the Mayor’s proposed ‘Mansion Tax.’ (read more…)
Ten Year Projections for Roof Replacements. Image Credit: Mayor’s Office.
City to slate $1 billion in City capital for the replacement of over 700 deteriorating roofs in next decade. On January 24, 2017, Mayor Bill de Blasio and New York City Housing Authority Chair Shola Olatoye announced a capital commitment of $1 billion to replace deteriorating roofs on buildings owned by the NYCHA over the next 10 years. The Mayor had previously committed $300 million in 2015 over three years. The $1.3 billion is expected to fix over 950 roofs for the benefit of over 175,000 residents. (read more…)