Rendering of development. Image credit: HPD/Handel Architects LLP.
The mixed-use development will include affordable units, deployable food barriers, and retail frontage. On November 1, 2018, New York City’s Department of Housing Preservation and Development (HPD) announced that the start of construction of a block-sized development on Surf Avenue in Coney Island that will provide below-market-rate housing, retail, and office space to the community. The mixed-use development is projected to cost $253.9 million and will offer 446 affordable units, ranging from studios to two-bedrooms, to formerly homeless and low-income locals. The complex will have two other structures that will add approximately 500 more units of affordable housing, totaling nearly 1,000 units. The development is being led by HPD along with the Housing Development Corporation, BFC Partners, L+M Development Partners, and Taconic Investment Partners. (read more…)
Building owners denied certification may not significantly alter their buildings for five years. On October 12, 2018, the de Blasio Administration announced the application of the Certification of No Harassment (CONH) Pilot Program, which seeks to expand tenant harassment protections. The program will require buildings to meet certain criteria to certify that no previous tenant-harassment has occurred prior to obtaining construction permits for significant alterations to their property. CONH currently applies to more than 1,000 buildings, totaling to approximately 26,000 units protected under the program. (read more…)
The new affordable housing development will also include a community space that houses a local church and a non-profit organization. On October 4, 2018, the Department of Housing Preservation and Development and the Housing Development Corporation announced the start of the construction of a 79-unit affordable housing development on a previously vacant city-owned lot in Harlem. HPD and HDC partnered with Lemor Development, TD Bank, Street Corner Resources, and the Downtown Baptist Church of Christ for the project. The project seeks to create a mixed-income affordable housing and a new commercial and community facility space. (read more…)
Former hospital site will feature 512 affordable units and a new shelter for New Yorkers experiencing homelessness. On September 13, 2018, the Department of Housing Preservation and Development announced that a team had been selected to transform the Greenpoint Hospital site into a mixed-use development. The new development located at 288 Jackson Street will feature approximately 512 affordable units and a new shelter for 200 New Yorkers. (read more…)
Preservation of Section 8 properties will prevent conversion to market-rate housing. On August 15, 2018, the Housing Preservation and Development, the Housing Development Corporation, and the LIHC Investment Group announced the preservation of 669 units of project-based Section 8 housing in high-cost City neighborhoods where similar buildings have been converted to market-rate housing. (read more…)
