Search Results for: Property Tax Exemption

Reminder: The Rooftops Conference NYC 2013

Rooftop SMThe Rooftops Conference NYC 2013, to be held on Friday, April 19, is our third annual symposium focused on the not-for-profit sector and the role of real estate–owned, leased, or hosted physical space–in the operations, financial performance, and achievement of mission by not-for-profit organizations of all sizes and mission types.

Panelists and presenters from the not-for-profit sector, government, the real estate industry, and the professions will explore diverse themes of direct relevance to not-for-profits. … <Read More>

New plan for East Harlem remains controversial

Six-acre site in East Harlem proposed for development. Image courtesy of the New York City Economic Development Corp.

Community and Stringer criticize EDC for initiating land use process before selecting developer. On July 23, 2008, the City Planning Commission heard testimony on a plan to redevelop a six-acre site in East Harlem roughly bounded by East 125th and East 127th Streets between Second and Third Avenues. The plan before the Commission resulted from a controversial … <Read More>

City Planning Hears Application for Four New Affordable Buildings in East New York

The sites are all located within a few blocks from each other. On March 30, 2022, the City Planning Commission held a public hearing for an application that would facilitate the construction of four new buildings with a total of 46 affordable units in East New York, Brooklyn. The four sites are located at 492-496 Glenmore Avenue, 2358-2362 Pitkin Avenue, 943 Dumont Avenue, and 743 Blake Avenue, as part of the Sutter Place Neighborhood Construction … <Read More>

City Planning Hears Application for Last Building of Ongoing Broadway Triangle Project

On March 16, 2022, the City Planning Commission held a public hearing for Bartlett Crossing Site A-2, one of the five buildings that comprises the larger affordable housing Broadway Triangle project. Broadway Triangle is an affordable housing development consisting of five buildings across four sites. Bartlett Crossing Site A-1 is located on Flushing Avenue between Harrison Avenue and Whipple Street. The other three sites, Site A-2, Site B and Site C are all located on … <Read More>

Council Votes to Create Supportive Housing Tenants’ Bill of Rights, Reporting Requirements

The bill of rights provides tenants with necessary rights and information to help them maintain their housing. On December 9, 2021, the City Council voted to approve two bills related to supportive housing. Supportive housing is a form of affordable housing with on-site social and supportive services targeted primarily at formerly homeless households. The bills, both sponsored by Council Member Stephen Levin, create a supportive housing tenants’ bill of rights and require the Department of … <Read More>

London Terrace case remanded

Landlord classified rental apartments as being destabilized and charged tenants market rate rents despite receiving J-51 tax benefits. London Terrace Gardens, located along West 23rd Street in Manhattan and built in 1930, occupies an entire block and has 1700 apartments. After the enactment of the Rent Regulation Reform Act of 1993, London Terrace Gardens began deregulating rent-stabilized apartments through high-rent vacancy decontrol. London Terrace Gardens subsequently received J-51 tax abatement and exemption benefits after … <Read More>