On September 15, 2022, Mayor Eric Adams announced that the Hunts Point Produce Market was selected for a $110 million U.S. Department of Transportation (USDOT) Infrastructure for Rebuilding America (INFRA) grant. This federal funding will be used to upgrade and improve the Produce Market’s facilities, strengthening critical freight movement and improving the environment, public health, and quality of life for the Hunts Point community.
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$27 Million Investment to Bolster Health and Education Through LifeSci NYC
The City College of New York and the Mount Sinai Health System will build new spaces dedicated to startups. Last month, Mayor Eric Adams and the New York City Economic Development Corporation (NYCEDC) directed $15 million to the City College of New York (CCNY) and $11.6 million to the Mount Sinai Health System (Mount Sinai), of a total $1 billion committed to NYCEDC’s LifeSci NYC initiative. Both awards will go towards construction of new spaces … <Read More>
Council Hears Proposal For Bruckner Expressway Development
Located in a low-density area with few affordable homes, the four proposed apartment buildings would require a controversial rezoning. On September 7, 2022, the City Council Subcommittee on Zoning and Franchises held a public hearing to discuss a proposed rezoning in Throggs Neck, Bronx. If the rezoning is approved by the City Council, developer Throggs Neck Associates, LLC will construct four mixed-use apartment buildings at four different sites off the Bruckner Expressway. The project area … <Read More>
Mayor’s Office, SBS Launch Equitable Cannabis Industry Initiative
“Cannabis NYC” intends to boost the city’s economy while rectifying harm caused to Black and brown communities under cannabis prohibition. On August 22, 2022, Mayor Eric Adams and Small Business Services (SBS) Commissioner Kevin D. Kim announced the launch of Cannabis NYC. The initiative will support entrepreneurs and employees as the industry develops, providing the city’s first-ever technical assistance for cannabis license applicants and additional business services.
Mayor Announces Proposed Zoning Changes to Affordable Housing, Small Business Restrictions and Sustainability
The zoning text amendments are in development and will be drafted with input from stakeholders before undergoing public review later this year. On June 1, 2022, Mayor Eric Adams announced a plan for a series of new zoning text amendments and programs aimed at removing obstacles for the recovery of small businesses, increased affordable housing, and the expansion of green technology to promote sustainability. The three zoning text amendments – the Zoning for Economic Opportunity, … <Read More>
DCP Announces Walking Tours to Celebrate City’s Waterfront
On May 17, 2022, the Department of City Planning announced a new series of free events in May to celebrate the City’s waterfront. The celebration will culminate on Friday, May 20th (5/20) in honor of the 520 miles of waterfront across New York City. The celebration of the waterfront has run since 2017. In 2020 and 2021, events were virtual due to the safety concerns from the pandemic. This year, in-person events return to encourage … <Read More>