The repairs will be made possible through public-private partnerships. On November 18, 2018, Mayor de Blasio announced that NYCHA has committed to $13 billion in repairs to 62,000 of its units. The renovations include new kitchens and bathrooms, replacement of windows, elevators, boilers, and roofs, and improvements to common areas. The repairs will affect approximately 140,000 residents, who will “retain all their rights as public housing residents, pay rent limited to 30 percent of their … <Read More>
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Landmarks Sides with Residents Against Changes to Stand-Alone Mansion-House in Stuyvesant Heights Historic District
Applicants failed to convince Landmarks Commissioners on the appropriateness of the project. On October 2, 2018, the Landmarks Preservation Commission held a public hearing on a certificate of appropriateness for the construction of a four-story residential building at 375 Stuyvesant Avenue, located in the Stuyvesant Heights Historic District in Brooklyn. The applicants proposed to demolish and reconstruct an existing garage on a different portion of the lot to make room for the proposed building.
Proposed Building to Bring 52 Affordable Units to Belmont Area of the Bronx
The building will be entirely affordable and environmentally efficient. On October 31, 2018, the City Planning Commission held a public hearing on an application to construct a mixed-use, mixed income building at 4697 Third Avenue in the Belmont section of the Bronx. The Department of Housing Preservation (HPD) brought the application to designate 4697 Third Avenue as an Urban Development Action Area, requiring the ULURP process. The applicant team consists of the developer Bronx … <Read More>
Tenant Wins New Lower Base Rent
State used sampling method to set new base rent for studio improperly deregulated under luxury decontrol. The owner of a rental building at 160 East 84th Street, Manhattan, took advantage of the luxury decontrol provisions of the Rent Stabilization Law to deregulate a studio apartment. Subsequently, the New York Court of Appeals ruled that buildings like 160 East 84th Street were ineligible to take advantage of luxury decontrol because the building was also … <Read More>
Mayor Announces Long Island City Chosen to House New Amazon Headquarters
The project will bring tens of thousands of new jobs, billions in tax revenue, and investment in infrastructure, City says. On November 13, 2018, Mayor Bill de Blasio and Governor Andrew M. Cuomo announced that Amazon has selected Long Island City, Queens for one of its two new corporate headquarters. The City has been steadily increasing investment into Long Island City, with more than $2.4 billion of planned infrastructure investments and a recently announced $180 … <Read More>
Construction Begins for Nearly 1,000-Unit Affordable Housing Development in Coney Island
The mixed-use development will include affordable units, deployable food barriers, and retail frontage. On November 1, 2018, New York City’s Department of Housing Preservation and Development (HPD) announced that the start of construction of a block-sized development on Surf Avenue in Coney Island that will provide below-market-rate housing, retail, and office space to the community. The mixed-use development is projected to cost $253.9 million and will offer 446 affordable units, ranging from studios to two-bedrooms, … <Read More>