Search Results for: Property Tax

Reducing Racial Bias Embedded in Land Use Codes

Even though the Supreme Court struck down race-based land use controls over a hundred years ago in Buchanan v. Warley, 245 U.S. 60 (1917) it has long been known that zoning continues to create or increase racial and economic segregation. Today communities across the U.S. are reexamining their zoning regulations to create more equal, equitable, inclusive, and resilient communities by removing requirements, limitations, or prohibitions that disproportionately and negatively impact individuals based on race … <Read More>

Council Committees Consider Two COVID-19 Tenant Protection Bills

Testimonies at the public hearing revealed concerns about the two bills and their impact on the City’s tenants and landlords. On April 28, 2020, the City Council Committee on Housing and Buildings, and Committee on Consumer Affairs and Business Licensing held a joint public hearing on two bills that will provide protection to residential and commercial tenants who are financially impacted by COVID-19. Introduction 1912, sponsored by Council Speaker Corey Johnson, will prohibit court … <Read More>

Council Subcommittee Hears Application for Affordable Homeownership Project in Bedford-Stuyvesant

HPD’s Open Door Program a key facet of Rochester Suydam application. On February 26, 2020, the City Council Subcommittee on Landmarks, Public Sitings and Dispositions heard the Department of Housing Preservation and Development and BJF Development’s application for the disposition of City owned property, the designation of an Urban Development Action Area and the approval of a property tax exemption under Article XI of the Private Housing Finance Law. The approval would facilitate the development … <Read More>

Comptroller Stringer Releases Plan to Address City’s Affordable Housing Problems

Universal Affordable Housing would require 25 percent permanently low-income affordable housing in all new development with ten or more units. On January 29, 2020, New York City Comptroller Scott M. Stringer announced a citywide housing strategy to fundamentally realign the City’s approach to the housing crisis. The strategy, coined Housing We Need, will include a universal requirement for 25 percent permanently low-income affordable housing in all as-of-right developments with at least ten units.

Council Approves Application for Construction of New Affordable Housing Development in Bedford-Stuyvesant, Brooklyn

The new nine-story building would bring approximately 36 housing units for the formerly homeless. On October 17, 2019, the City Council voted to approve a land use application to facilitate the construction of a new nine-story mixed-use residential and commercial building on three vacant City-owned lots at 776-780 Myrtle Avenue in the Bedford-Stuyvesant neighborhood of Brooklyn. To facilitate the project, the application asks for two land use actions. First, the three City-owned vacant lots will … <Read More>

De Blasio Administration Expands Benefits of Rent Freeze Programs

The Housing Stability and Tenant Protection Act makes it possible to freeze rents at preferential rates for qualifying New Yorkers. On September 18, 2019, the de Blasio administration released guidance regarding renter rights under the Housing Stability and Tenant Protection Act. This guidance will allow New Yorkers who pay preferential rents in rent stabilized apartments to benefit from the City’s Rent Freeze Programs.