BSA granted the variances over Community Board and resident opposition. On August 19, 2014 the Board of Standards and Appeals voted unanimously to grant variances to SoBro Development Corporation for the development of a twelve-story mixed-use facility at 1769 Fort George Hill. The development site, at the corner of Nagle Avenue in Washington Heights, Manhattan, is crescent-shaped, measuring 620 feet in length and 46 feet wide at the widest point. The facility will feature two … <Read More>
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Astoria Cove Developers Testify Before City Council
Council Members questioned the developers on the project’s affordability and use of union labor. On October 20, 2014 the City Council Subcommittee on Zoning and Franchises held a public hearing on the proposed Astoria Cove development project. The project, which would create a new mixed-use development of 1,700 apartments, commercial space, a school, a supermarket, and parks, was approved by the City Planning Commission over opposition by both Queens Community Board 1 and Queens Borough … <Read More>
Mayor Announces Citywide Community Parks Initiative
$130 million secured to invest in 35 under-resourced parks throughout NYC. On October 7, 2014, Mayor Bill de Blasio and Department of Parks & Recreation Commissioner Mitchell J. Silver announced a $130 million investment in 35 community parks throughout the five boroughs. This is the first phase of a multi-faceted program to support investment in the most under-resourced parks and communities, known as the Community Parks Initiative. The Mayor’s capital budget raised $110 million … <Read More>
City Council to Hold Hearings on Controversial Astoria Cove Proposal
The project was approved by City Planning despite opposition from the Community Board, Borough President, and the local Council Member. On October 20, 2014 the City Council Subcommittee on Zoning and Franchises will hold hearings on the proposed Astoria Cove mixed-use development project. The project, designed by Alma Realty, is the first project subject to Mayor de Blasio’s mandatory inclusionary zoning housing requirement. Despite the requirement, the project has faced opposition from community … <Read More>
CUNY Forum Focuses On Affordable Housing Issues
Elected officials and real estate professionals debate solutions and strategies to City’s affordable housing shortage. On October 1st, 2014 the City University of New York’s CUNY Forum series held a panel discussion titled “Affordable Housing and Social Justice in NYC”. The panel featured Manhattan Borough President Gale Brewer, Vishaan Chakrabarti of SHoP Architects and Associate Professor at Columbia University, Real Estate Board of New York President Steven Spinola, and Council Member Jumaane D. Williams. The … <Read More>
Hydroelectric Power Plant to Provide for City
New hydroelectric power plant for City to be erected at reservoir in Cannonsville, NY. On September 16, 2014, Emily Lloyd, Commissioner of the New York City Department of Environmental Protection, announced that a standing ninety five billion gallon reservoir one hundred and twenty miles northwest of New York City in Cannonsville, NY will be outfitted with four turbines to generate clean electric energy for the City. This is New York State’s largest hydroelectric project … <Read More>