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>
Search Results for: Development
NYCHA Begins Lead Paint Testing at Bronx River Houses Development.
The lead paint testing initiative comes from the City’s plans to eliminate childhood lead exposure and improve quality of living in public housing. On March 15, 2019, the New York City Housing Authority announced that it will be accelerating its new lead-based paint testing plan at the Bronx River Houses located in the Soundview section of the Bronx. The Bronx River Houses is one of the first set of developments NYCHA will begin testing in … <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>
Residents Prevent Development in Fight Over Open Space
Appellate Division finds that Buildings improperly issued construction permit for nursing home after misinterpreting the zoning resolution. Park West Village is a complex located on a superblock bounded by West 100th Street to the north, West 97th Street to the south, Columbus Avenue to the east, and Amsterdam Avenue to the west on the Upper West Side of Manhattan. The complex was built in the 1950s and 1960s as part of a federally … <Read More>
City Planning Approves Senior Housing Development in Place of Run-Down Hospital
City Council is next to consider the proposed development, which will bring 135 affordable units for seniors as well as a new 14-story residential building. On January 30, 2019, the City Planning Commission unanimously voted to approve proposed redevelopment of the former parkway hospital building in the Forest Hills section of Queens. The applicant, Auberge Grand Central, LLC, is seeking a rezoning of two lots located between the Grand Central Parkway Service Road and 112… <Read More>