Two mixed-use buildings, containing 425 affordable residential units for families and seniors, will be developed in Soundview, Bronx. On October 18, 2017, the City Planning Commission issued a favorable report on an application for a zoning map and text amendment by the Park Lane Residence Company. This application will facilitate the development of two mixed-use buildings with 425 affordable housing units in Soundview, Bronx. The project area is bounded by Turnbull Avenue to the north, … <Read More>
Search Results for: Affordable Senior Housing
Expecting to Meet Goals Two Years Ahead of Schedule, Mayor de Blasio Expands the Housing Plan Objectives
The de Blasio administration increases goal to building and preserving 300,000 affordable units by 2026. On October 24, 2017, Mayor Bill de Blasio announced that the administration is on track with meeting the goal of 200,000 units and is expected to meet the goal by 2022, two years ahead of the 2014 plan’s original date. Using the City’s new tools, programs and funding, the City will work to secure 25,000 affordable units annually by 2021. … <Read More>
City Planning Approves Bronx River Rezoning for Affordable Housing
The City Planning Commission approved the development of a new 13-story building in Bronx River with 220 affordable housing units and retail space. On August 23, 2017, the New York City Planning Commission issued a favorable report on an application from the 1675 JV Associates, LLC for a zoning map and text amendment. The zoning map amendment will change the current residential district (R6) into a mixed-use district (R8A/C2-4), and the text amendment will establish … <Read More>
Mayor Bill de Blasio Reports Progress of Housing New York Plan
At the close of fiscal year 2017, the Mayor’s Administration is ahead of schedule in achieving its goal to build 200,000 affordable homes in 10 years. On July 13, 2017, Mayor Bill de Blasio announced an update on the progress that has been made to achieve the goals set forth in his Housing New York plan, which seeks to build 200,000 affordable homes in 10 years. According to the announcement, the City secured 24,293 affordable … <Read More>
True Holy Church to Build New Facilities with 67 Affordable Units Atop
The City Planning Commission approved a new ten-story building to contain 67 affordable units and a new house of worship for the True Holy Church. On April 5, 2017, the City Planning Commission voted to approve an application from the developer Atlantic East Affiliates LLC, an affiliate of the Ridgewood Bushwick Senior Citizens Council, to rezone 1860 Eastern Parkway in Brooklyn’s Ocean Hill neighborhood. The developer sought to rezone portions of two blocks on the … <Read More>
One Year Under Mandatory Rules Produces 4,700 Affordable Units
Mayor and City Council celebrate progress in production of affordable housing units since the passage of mandatory affordable rules one year ago. March 22, 2017, marked the one year anniversary of the Mandatory Inclusionary Housing program. The program, which requires developers to include permanently affordable housing whenever a special permit or a rezoning significantly increases the underlying potential residential floor area, has received both praise and chastisement from advocates and Council Members.