Governor Signs Hotel Conversion Bill to Create More Opportunities for Permanent Housing

The new legislation allows hotels to house residents on a more permanent basis, specifically addressing the lack of available housing in New York City. On June 7, 2022, Governor Kathy Hochul signed into law New York State Senate Bill S4937C. This affordable housing law allows hotels that are already authorized as Class B hotels to rent rooms for permanent residence purposes. State Senator Brian Kavanagh and Assemblymember Steven Cymbrowitz sponsored this bill.


Governor Announces Beginning of Construction of New Affordable Housing Development in Wakefield

The new building will be across the street from another affordable housing development recently approved by the City Planning Commission. On May 25, 2022, Governor Kathy Hochul announced the beginning of construction for a new affordable and supportive housing development in the Wakefield section of the Bronx. The Plains will be located at 4519 White Plains Road between East 239th and East 240th Street. The development team consists of the Doe Fund and Robert Sanborn <Read More>


HPD and NYCHA Announce Deal to Construct 101 Units of Affordable Housing in the Bronx

Supportive services will be offered to all households. On September 28, 2021, the New York City Housing Authority (NYCHA) and the Department of Housing Preservation and Development (HPD) announced the finalization of a deal to bring 101 new affordable apartments to the Mott Haven neighborhood in the Bronx. The Betances Family Apartments project, located at the corner of East 146th Street and Willis Avenue on NYCHA’s Betances VI campus, will be 100 percent affordable. The <Read More>


City Finalizes Two Deals to Bring Almost 400 Affordable Senior Housing Units to the Bronx and Brooklyn

Both buildings offer a variety of enrichment opportunities and support for seniors. On July 2, 2021, the Department of Housing Preservation and Development (HPD), the New York City Housing Authority (NYCHA) and the New York City Housing Development Corporation (HDC) finalized two deals to secure 393 new affordable senior housing units to the Soundview neighborhood in the Bronx and the Bedford-Stuyvesant neighborhood in Brooklyn.


East New York Affordable Housing Project Completes Phase 1

Project will result in 1,163 affordable homes. On October 20, 2020 Governor Andrew M. Cuomo announced the completion of the initial phase of the Fountains of Brooklyn project that is being constructed on the site of the State’s former Brooklyn Developmental Center in East New York, which closed in 2015. This project is a 6.7-acre mixed-use complex that will ultimately offer 1,163 affordable homes. The first two completed buildings of the project will include 332 … <Read More>


City Planning Approves Application to Convert Former Hotel Building to Affordable Housing

The conversion of the former Watchtower hotel will bring 508 residential units to DUMBO, Brooklyn. On February 19, 2020, the City Planning Commission approved an application to rezone a block in DUMBO, Brooklyn from a light manufacturing district to a mixed-use residential and commercial district. The block is bounded by High Street to the north, Sands Street to the south, Jay Street to the east, and Pearl Street to the west. The rezoning would facilitate … <Read More>