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    Housing Preservation & Development

    New Affordable Housing Development To Be Built Off-Site

    Affordable Housing  •  East New York, Brooklyn

    City will use the modular construction method to reduce costs and construction time. On May 23, 2018, Housing Preservation & Development announced a Request for Proposals for the design, construction, and management of the new 100% affordable mixed-income and mixed-use development in East New York, Brooklyn. The City-owned project site is an L-shaped parcel of 49,397 square-feet along Eldert Lane between Pitkin and Glenmore Avenues. A portion of the site is also located along Grant Avenue adjacent to the Grant Avenue A-train subway station. (read more…)

    Tags : East New York, Housing New York 2.0, HPD, modular construction
    Date:05/29/2018
    Category : Housing Preservation & Development
    (1) Comment

    New Initiative Will Offer Apartment Modifications To Help Residents Live More Comfortably

    Housing  •  Citywide

    Program seeks to keep aging tenants in their homes. On April 30, 2018, the Housing Preservation & Development Commission announced a new preservation program tool named Aging in Place. The program will offer apartment and common area modifications to residents of buildings undergoing City financed rehabilitation. The modifications aim to increase safety and comfort in the home and reduce risks of falls. The program was created in collaboration with the Department of Health and Mental Hygiene, the Department for the Aging, and the Mayor’s Office for People with Disabilities. (read more…)

    Tags : aging, aging in place, elderly, housing, modification, repairs
    Date:05/16/2018
    Category : Housing Preservation & Development
    (1) Comment

    Construction Begins On Mixed-Use Development In Bronx

    Affordable Housing  •  South Bronx

    Image credit: HPD.

    One hundred percent affordable buildings will rise in the South Bronx. On April 20, 2018, construction began on two new buildings at La Central in the Bronx. The 1.2 million square-foot development is one of the largest mixed-income projects currently in development in the City. The buildings will be located at 556 and 600 Bergen Avenue. (read more…)

    Tags : affordable housing, bergen avenue, la central, mixed-income, mixed-use building
    Date:04/27/2018
    Category : Housing Preservation & Development
    (1) Comment

    Requests for Proposals Sought For Affordable Housing Developments At Two Hudson Yards Sites

    Affordable Housing  •  Hudson Yards, Manhattan

    Two sites located at Hudson Yards will be used for future affordable housing development. On April 9, 2018, Housing Preservation and Development Commissioner Maria Torres-Springer announced the release of a Request for Proposals that seeks qualified teams to develop two city-owned sites into mixed-use affordable housing developments. The sites are located in Hudson Yards in the Hell’s Kitchen neighborhoods. (read more…)

    Tags : affordable housing, developments, Hudson Yards, proposals, requests for proposals
    Date:04/16/2018
    Category : Housing Preservation & Development
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    421-a Benefits Suspended for Failure to Comply

    421-a Tax Exemption  •  Citywide

    NYC HPD

    Property owners face 421-a suspension for failure to submit Final Certificates of Eligibility. On March 9, 2018, Housing Preservation and Development Commissioner Maria Torres-Springer and Department of Finance Commissioner Jacques Jiha announced the suspension of 421-a benefits to more than 1,700 property owners. The decision to suspend benefits is part of the Housing Preservation and Development and Department of Finance’s initiative to ensure that properties comply with the 421-a application rules. Currently, there is a total of 11,022 apartments that are not in compliance with 421-a rules. These owners’ 421-a benefits represent $66 million in tax revenue for 2018. (read more…)

    Tags : 421-a, Department of Finance, Housing Preservation and Development, tax exemption
    Date:04/05/2018
    Category : Housing Preservation & Development
    (1) Comment
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