
Borinquen Court’s Main Entrance. Image credit: West Side Federation for Senior and Supportive Housing, Inc.
West Side Federation will build new units adjacent to an existing, low-income residential building and add additional community and commercial space. On August 13, 2015, the City Council approved West Side Federation for Senior and Supportive Housing’s Uniform Land Use Review Procedure application to build a development around the pre-existing Borinquen Court building, which is a low-income residential building geared towards senior citizens and physically-disabled individuals. The development would be located in Council District 8—represented by Council Speaker Melissa Mark-Viverito—on property bounded by Third Avenue, Alexander Avenue, 138th Street, and 139th Street in the Mott Haven neighborhood of the Bronx. The additions would yield a three-winged structure with Borinquen Court at the center, a 122-unit building attached to its west end, and a 56-unit building attached to its east end.
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Council member Jumaane D. Williams chairs the oversight hearing on 421-a tax exemptions. Image credit: William Alatriste/New York City Council
HPD Commissioner Been, others testify on effectiveness of the program. On January 29, 2015 the City Council Committee on Housing and Buildings held an oversight hearing on the 421-a tax benefit program. The program, established in 1971 by the New York State Legislature, was designed to spur residential development of underused land by granting a property tax reduction to developers for a period of ten to twenty-five years, with an objective of increasing affordable housing access for low-income residents. The program was most recently renewed by the Legislature in 2011, with a pending expiration date of June 15, 2015, and a cost of $1.1 billion in foregone tax revenue in fiscal year 2013.
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Architect rendering of the proposed Astoria Cove development project. Image Credit: Studio V
The project was approved by City Planning despite opposition from the Community Board, Borough President, and the local Council Member. On October 20, 2014 the City Council Subcommittee on Zoning and Franchises will hold hearings on the proposed Astoria Cove mixed-use development project. The project, designed by Alma Realty, is the first project subject to Mayor de Blasio’s mandatory inclusionary zoning housing requirement. Despite the requirement, the project has faced opposition from community groups and elected leaders arguing the designated affordable units are too expensive for current Astoria residents.
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Rendering of Rheingold Development as seen from Bushwick Avenue and Forrest Street, Brooklyn. Image Courtesy of Forrest Lots, LLC.
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 to approve the project. Council Member Charles Barron voted in the negative at the Stated Meeting and Land Use Committee meeting, citing concerns about housing affordability. (more…)