Private Development of City-Owned, Blighted Property to Bring 54 Units of Affordable Housing

The development seeks to activate the streetscape in the area by removing the existing dangerous condition posed by a long-abandoned railroad trench. On March 27, 2019, the City Planning Commission held a public hearing on an application by the Department of Housing Preservation and Development and developer Phipps Houses that will bring 54 units of affordable housing to the Melrose neighborhood of the Bronx. The application calls for the disposition of City-owned property, a rezoning, … <Read More>


Vicki Been Appointed Deputy Mayor for Housing and Economic Development

The former HPD Commissioner will continue to work on affordability and economic opportunities for the City. On April 4, 2019, Mayor Bill de Blasio announced the appointment of former Department of Housing and Preservation Commissioner Vicki Been as the new Deputy Mayor for Housing and Economic Development. She succeeded Alicia Glen, who served in the position for five years.


HPD Announces Program To Allocate Funds to Nonprofits for Vacant Property Development

The City estimates the program will assist in the acquisition of approximately 35 vacant sites over the next five years. On March 8, 2019, the New York City Department of Housing Preservation and Development announced a new program to advance the process for affordable housing development by providing loans for upfront costs to nonprofit developers. The New York City Down Payment Assistance Fund (DPAF) seeks to speed up the development process for affordable housing by … <Read More>


EVENT ANNOUNCEMENT: NYC Real Estate Development and the 2019 Charter Revision – CRES Breakfast Forum Series

 

Breakfast Forum: “Is a New Power Structure in NYC Real Estate Development and Land Use Coming With the 2019 Charter Revision?”

 

featuring

Distinguished Panelists

John H. Banks, President, Real Estate Board of New York

David G. Greenfield, CEO, Met Council

Miriam Harris, Executive Vice President, Trinity Place Holdings

Catherine McVay Hughes, Former Chair, Manhattan Community Board 1

Carl Weisbrod, Senior Advisor, HR&A Advisors

Moderator 

Ross F. Moskowitz <Read More>


HPD Announces Plans for Two Mixed-Use Affordable Housing Developments on City-Owned Sites in Clinton/Hell’s Kitchen

The new buildings will provide affordable housing, space for businesses, and social services from partnering non-profits in the Clinton/Hell’s Kitchen community. On February 13, 2019, Department of Housing Preservation and Development Commissioner Maria Torres-Springer announced the selection of development teams to build approximately 260 affordable housing units on two City-owned sites in the Clinton and Hell’s Kitchen neighborhoods of Midtown Manhattan. The sites were identified for development into affordable housing through the Hudson Yards Plan<Read More>


Coney Island Rezoning Fails Following Community Concerns

City Planning voted no in part to questions regarding alleged comments made by project attorney at Community Board hearing. On January 9, 2019, the City Planning Commission voted to disapprove a proposed rezoning of the northern portion of a block situated between Surf Avenue to the north, Reigelman Boardwalk to the south, West 22nd Street to the east, and West 23rd Street to the west, in Coney Island, Brooklyn. The rezoning would have … <Read More>