On September 26, 2024, New York City Mayor Eric Adams announced the creation of the GreenHOUSE Fund to improve compliance with Local Law 97 for owners of buildings with affordable housing. Since 2019, Local Law 97 has required the majority of buildings over 25,000 square feet to meet new energy-efficient and greenhouse gas emissions requirements. The City’s ongoing climate goals include having the largest buildings produce zero emissions by 2050 and improving air quality.
Search Results for: Preservation
Landmarks Celebrates Placement of Markers for Old Croton Aqueduct Walk
On September 19, 2024, the Landmarks Preservation Commission celebrated the installation of three historic markers to commemorate the Old Croton Aqueduct Walk. The Old Croton Aqueduct Walk was designated as a scenic landmark this past April, and is the Bronx’s first scenic landmarks and the twelfth scenic landmark designated citywide.
City Breaks Ground on New Stapleton Waterfront Esplanade
On September 13, 2024, New York City Mayor Eric Adams announced the ground breaking for the New Stapleton Waterfront, part of the City’s Staten Island North Shore Action Plan. The Staten Island North Shore Action Plan is a four-year plan that was announced in September 2023 by Mayor Adams and New York City Councilmember Kamillah Hanks. This $400 million investment aims to provide Staten Island’s North Shore with over 20 acres of public space, more … <Read More>
City Announces Largest Civil Rights Settlement for Housing Discrimination
On August 22, 2024, New York City Mayor Eric Adams and the New York City Commission on Human Rights announced the largest civil rights settlement in New York City history. This $1 million housing discrimination settlement was imposed against Parkchester Preservation Management for discriminating against voucher holders. In addition to this historic event, the New York City Commission on Human Rights secured 850 apartment units, the most ever secured in a New York City Commission … <Read More>
Governor Announces $16.5 Million Investment for Decarbonizing NYC Affordable Housing
On August 19, 2024, Governor Kathy Hochul announced the $16.5 million contribution to decarbonize and improve existing affordable housing in New York City through the Resilient and Equitable Decarbonization Initiative for Existing Buildings (REDi: EB) Program. This program is administered New York City Department of Housing Preservation and Development in partnership with the New York State Energy Research and Development Authority (NYSERDA). This program is funded through the State’s Clean Energy Fund (CEF).
City Planning Commission Holds Hearing for City of Yes for Housing Opportunity Zoning Text Amendment
On July 10, 2024, the City Planning Commission held a public hearing for the City of Yes for Housing Opportunity zoning text amendment. The text amendment is the third and final City of Yes amendment proposed by the Adams administration to address outdated provisions within the zoning code that hinder the growth of housing, the economy, and the use of green infrastructure and technology in New York City.