NYC Comptroller Scott Stringer. Image credit: Office of the New York City Comptroller

Eighty-five percent of the survey respondents expect to go out of business within six months. On July 10, 2020, New York City Comptroller Scott M. Stringer released a comprehensive analysis of the economic hardships minority and women-owned enterprises (M/WBEs) are facing during the COVID-19 pandemic. In response to the survey findings, Comptroller Stringer announced new accountability measures to ensure the City is meeting its M/WBE goals. (more…)

Image Credit: GF55 Partners/HPD

The new building will have a variety of amenities and 111 parking spaces for residents. On February 12, 2019, HPD and HDC announced the completion of Alvista Towers, a 380-unit, affordable housing development in Jamaica, Queens. City agencies and private sector firms came together to develop this project as part of the City’s affordable housing initiative. The involved parties were the Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), Council Member I. Daneek Miller, the Greater Jamaica Development Corporation, Phoenix Realty Group, Goldman Sachs, Wells Fargo, Settlement Housing Fund, the New York City Housing Partnership, and Artimus as the developer of the project. The development was the result of the Special Downtown Jamaica Rezoning, which was adopted by the City in 2007 to foster transit-oriented development in Jamaica.

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