On April 5, 2024, State Comptroller Thomas P. DiNapoli released a report about monitoring of New York City’s capital projects. His report found that projects often run over the initial budget and past the estimated timeline, suggesting that better monitoring could save City resources.
Search Results for: Buildings
Landmarks Holds Public Hearing on the Crown Building in Midtown
On March 9, 2024, the Landmarks Preservation Commission held a public hearing for the designation of the Heckscher (Crown) Building. The building, at 750 Fifth Avenue, is one of Fifth Avenue’s earliest skyscrapers.
HPD Celebrates Opening of 375 Affordable Unit Development in Greenpoint
On April 3, 2024, the Department of Housing Preservation and Development, the New York City Housing Development Corporation, elected officials and project partners celebrated the opening of 35 Commercial Street, a new affordable residential development that is part of Greenpoint Landing in Brooklyn. Greenpoint Landing is a 22-acre site along the East River waterfront that is being master-planned and developed by Park Tower Group, and is expected to have 5,500 total residential units once completed.
Proposed City of Yes for Housing Opportunity Amendment to Help Faith-Based Orgs Build Affordable Housing
On March 22, 2024, Mayor Eric Adams announced details about the plan to assist faith-based organizations and other mission-based nonprofits to build affordable housing citywide. As part of the City of Yes for Housing Opportunity plan, the administration’s third proposed zoning text changes that will remove outdated and arbitrary language from the zoning text that will allow for the creation of more housing.
City Planning Approves Green Fast Track Rule to Expedite Some Environmentally-Friendly Housing Projects
On March 20, 2024, the City Planning Commission voted to approve the Green Fast Track for Housing rule, a new rule to reduce the cost and time to approve certain modest and eco-friendly buildings by exempting them from review under the State Environmental Quality Review or City Environmental Quality Review laws. State law permits city agencies to have the authority to propose new rules that can allow certain projects to undergo a more streamlined process.
Landmarks Launches Portico Portal for Application and Document Filings
On March 19, 2024, the New York City Landmarks Preservation Commission (LPC) launched Portico, a web-based permit application portal for owners of landmark buildings applying for permits to work on their designated properties. The new process will make it easier for applicants to file an application, allow multiple users to access the same application, and offer updates from start to finish.