City Council Approves Tax Exemption to Preserve Affordable Housing

Dean Atlantic HDFC received property tax exemption for seven buildings.  On August 21, 2014, the City Council voted 47-0 to approve an Article XI property tax exemption on seven buildings owned by the Dean Atlantic Housing Development Finance Corporation.  The Department of Housing Preservation and Development requested the exemption from the City Council on Dean Atlantic’s behalf.  The buildings are all in Brooklyn Community Board 16, covering the Ocean Hill and Brownsville communities.  Six … <Read More>

Affordable Housing at Domino Sugar Hearing Dominated Council Concerns

Local Williamsburg Council Members Antonio Reynoso and Stephen Levin led questioning of Two Trees Management on Domino Project.  On April 1, 2014, the City Council Land Use Subcommittee on Zoning and Franchises heard Two Tree Management’s application for special permits and a zoning text amendment to transform the Domino Sugar Refinery into a mixed-use development.  The City Planning Commission voted unanimously in favor of the application on March 5, 2014 following Mayor Bill de … <Read More>

Council Approved Rheingold Development with a 30 Percent Affordable Housing Requirement


Controversial Bushwick development project questioned on affordable housing goals in public hearings. On December 10, 2013, the full City Council voted 48-1 to rezone six blocks in Bushwick, Brooklyn, in order to allow the development of ten mixed-use developments. The rezoning area is bounded by Bushwick Avenue, Flushing Avenue, Melrose Street, Stanwix Street, and Forrest Street.  Council’s Committee on Land Use voted 18-1 and Land Use Subcommittee on Zoning and Franchises unanimously voted 10-0 … <Read More>

Speaker Quinn Addresses Affordable Housing in State of the City Address

Presumptive mayoral candidate focuses on solutions to the “middle class squeeze” in speech. On February 11, 2013, City Council Speaker Christine C. Quinn gave her final State of the City Address. Speaker Quinn, who is term limited at the end of this year, is expected to announce her candidacy for mayor in September’s Democratic primary.

Quinn’s speech focused primarily on helping the middle class. The Speaker highlighted The Middle Class Squeeze, a report … <Read More>

Central Bronx affordable housing project approved

Three-building project on former railway site will include 141 affordable rental apartments. On April 6, 2011, the City Council approved a proposal by the Department of Housing Preservation and Development to allow Phipps Houses to develop a three-building affordable housing project on two vacant through-block lots in the East Tremont section of the Bronx. Phipps will construct an eight-story residential building and a ten-story mixed-use building at 1155 East Tremont Avenue, and a … <Read More>

Bronx affordable housing approved by Council

Courtlandt Crescent/Melrose Commons. Image: Courtesy of HPD.

Project will include two connected buildings and more than 200 units of low- and moderate-income housing. The City Council approved the Department of Housing Preservation and Development’s proposal to allow Phipps Houses to build a 217-unit affordable housing project in the Melrose section of the Bronx. The two-building development, known as Courtlandt Crescent, will wrap around the northeast portion of a block bounded by East 161st and East … <Read More>