This morning, New York Law School welcomed New York City Deputy Mayor Maria Torres-Springer for a state budget briefing with Ben Max, Executive Editor and Program Director for the Center for New York City Law. Anthony W. Crowell, Dean and President of New York Law School, provided opening remarks.
State Comptroller Calls for Better Monitoring and Reporting on NYC Capital Projects
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.
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.
Governor Announces Funding for Almost 1,100 Affordable Homes Statewide, Including Brooklyn and the Bronx
On April 8, 2024, Governor Kathy Hochul announced $412 million in bonds and subsidies to create and preserve nearly 1,100 affordable homes statewide, including four projects in the Bronx and Brooklyn. The awards are part of the Governor’s five-year $25 billion housing plan to preserve or create 100,000 affordable homes statewide with 10,000 supportive homes.
City Council Invites New Yorkers to Vote for Participatory Budget Projects Through April 14th
Through Sunday, April 14, 2024, the City Council welcomes New Yorkers to vote during Participatory Budgeting Vote Week to determine how $24 million in capital funding from the Fiscal Year 2025 budget will be spent among 24 Council districts. Participatory budgeting funds focus on improving public spaces like schools, parks, and libraries or helping beautify city streets.
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.