Search Results for: Land Use Development

Pilot Program Will Require Certification of No Harassment Before Approval of Construction Permits

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 … <Read More>

NYCHA, City, and Federal Government Will Come Together To Fix Public Housing

Consent decree seeks to create a common game plan to funding to ameliorate problems at  the New York City Housing Authority. Public housing has been under the public eye in the last few years due to allegations of mismanagement from its leadership. On June 11, 2018, Mayor Bill de Blasio held a press conference on the future of public housing in New York City. The Mayor announced that the City agreed to a settlement, memorialized … <Read More>

City Invests $40 Million In Brooklyn Navy Yards Project

Addition of manufacturing and creative space supports City goals to provide more middle-class jobs. On June 13, 2018, Deputy Mayor for Housing and Economic Development, Alicia Glen, together with the Brooklyn Navy Yards and Steiner NYC, announced the beginning of construction at 399 Sands Street. The project will add manufacturing and creative office space at the 300-acre Brooklyn Navy Yard, an urban manufacturing center, and is expected to bring manufacturing jobs to the area. The … <Read More>

Mayor Announces Advisory Commission on Property Tax Reform

Advisory commission will conduct comprehensive review of property tax system. On May 31, 2018, Mayor De Blasio announced the formation of an advisory commission to develop recommendations to reform the City’s property tax system. The reform aims to make the property tax system simpler, clearer, and fairer, as well as ensure that there is no reduction in revenue used to fund essential City services. The property tax system has not had an in-depth review by … <Read More>

Mayor Signs Legislation To Extend Rent-Stabilization Laws

Due to City’s low vacancy rate, rent stabilization laws have been extended. On March 27, 2018, Mayor Bill de Blasio signed legislation to extend rent regulation laws for the next three years. The laws will remain in effect until April 1, 2021. State rent stabilization laws continue to be effective when the vacancy rate is below 5%. The City’s vacancy rates are determined and measured by the Housing and Vacancy Survey, which is conducted every … <Read More>

New JPMorgan Chase State-of-the-Art Headquarters to Rise At 270 Park Ave

JPMorgan Chase intends to pursue building a new 2.5 million-square-foot headquarters at its 270 Park Avenue location. On February 21, 2018, Mayor Bill de Blasio and JP Morgan Chase Chairman and CEO Jamie Dimon announced the construction of a new 2.5 million-square-foot headquarters at its 270 Park Avenue location in Manhattan, which will be the first project under the City’s innovative East Midtown Rezoning plan passed in 2017. Under the East Midtown rezoning, JPMorgan Chase … <Read More>