On April 25, 2024, the Department of City Planning announced an update to the DCP Housing Database for 2023. The agency also launched two interactive tools, one showing total housing production over time and by borough here, and another showing the 2023 figures by community district here.
Search Results for: Midtown
City Council Votes to Approve Gaming Facility Text Amendment
On April 18, 2024, the City Council voted to approve the Gaming Facility Text Amendment, which would create a framework within the zoning text to allow for the possible creation of up to three casinos citywide.
Mayor, Governor, and Port Authority Agreement to Support Port Authority Bus Terminal Replacement
On March 12, 2024, Mayor Eric Adams, Governor Kathy Hochul, and the Port Authority of New York and New Jersey announced a deal to support the replacement and expansion of the Port Authority Bus Terminal in Midtown. The 73-year-old facility currently serves over 200,000 people on an average weekday, but struggles to meet current needs. The replacement is expected to meet 2040-2050 commuter growth.
Updated: “How Doomed is the Loop?”: Discussion on Remote Work Impact on City’s Financial Health
How “doomed” is New York City due to the prevalence of remote work and its impact on commercial real estate values? Experts discussed the city’s fiscal outlook during a recent panel discussion, “How Doomed is the Loop?,” hosted by the Center for New York City Law at New York Law School. The January 25th panel was moderated by Mark Willis, Senior Policy Fellow at the NYU Furman Center for Real Estate and Urban Policy and … <Read More>
DOB Announces Penalties for Over 400 Property Owners for Late Parking Structure Report Submissions
On January 18, 2024, the Department of Buildings announced that over 400 property owners had received initial penalties for failing to submit required engineering inspection reports for parking structures located on their properties. Through the Periodic Inspection for Parking Structure (PIPS) program, 1,056 properties in Lower Manhattan, Midtown, and the Upper West Side were required to submit inspection reports to the Department of Buildings before January 1, 2024.