The proposed hotel would be located near several cultural, academic and medical institutions within the Bronx. On March 3, 2021, the City Planning Commission held a public hearing for an application to build a hotel and a residential building on East 188th Street between Arthur Avenue and Hughes Avenue. Currently, the site consists of low-density residential and commercial buildings and a funeral home; none of the residential units are currently rent stabilized, and the commercial … <Read More>
Search Results for: Economic Recovery
Mayor Announces Zoning Proposals for Grocery Stores, Transit Accessibility, Small Businesses
The zoning proposals include allowing gyms and spas to open as-of-right. On March 9, 2021, Mayor Bill de Blasio announced several proposed zoning changes to support small businesses, create more groceries stores and improve accessibility across the city. The zoning proposals will enter the public review process later this year.
City Finances 30,000 Affordable Homes in 2020
The newly financed homes keep New York City on track to meet its goal to provide 300,000 affordable homes by 2026. On February 9, 2021, Mayor Bill de Blasio announced that the City financed the construction and preservation of 29,521 affordable homes in 2020. Fifty-seven percent of the affordable homes financed in 2020 will serve families of three that earn less than $52,000 per year. The city has financed over 177,000 homes through the Housing … <Read More>
Mayor Announces Start of Environmental Justice Study
The process will be a comprehensive study of environmental justice issues with the goal of developing a citywide Environmental Justice Plan to combat the issues. On February 9, 2021, Mayor Bill de Blasio announced the launch of the Environmental Justice for All Report, a comprehensive study of environmental justice issues. The report will study and collect information from various communities on environmental justice issues and work to formulate a plan to end the burden of … <Read More>
Mayor and SBS Launch “Shop Your City: BE NYC” to Support Local Black-Owned Businesses
The campaign aims to support businesses who have continued to serve their communities during the pandemic. On February 18, 2021, Mayor Bill de Blasio and Small Business Services Commissioner Jonnel Doris announced “Shop Your City: BE NYC,” a new targeted campaign aimed to encourage New Yorkers to support local Black-owned businesses. Between February and April 2020, Black businesses as a whole saw a 41 percent decrease in business activity. While the pandemic has hit all … <Read More>
Mayor Announces City Divestment from Fossil Fuel Companies
This divestment will address significant risks fossil fuel holdings pose to the environment and funds. On January 25, 2021, Mayor de Blasio, Comptroller Stringer, and trustees announced that they had voted to divest their portfolios from securities related to fossil fuel companies, in what is expected to be the largest divestment in the world.