The Department of City Planning released a comprehensive plan which seeks to update zoning and other land use strategies to stimulate spaces for new jobs and economic activity in the area. On November 19, 2018, the Department of City Planning released the North Brooklyn Industry & Innovation Plan which sets land use goals and tools for businesses in the area to promote growth and expansion. The Plan is part of Mayor Bill de Blasio’s 10-point … <Read More>
Search Results for: Incentive Program
City Planning Commission Considers Rezoning Application Near Train Terminal
Rezoning will allow for construction of building with 185 affordable units. On November 14, 2018, the City Planning Commission held a public hearing for a rezoning application that would allow for the construction of a new affordable nine-story mixed-use building in the Wakefield neighborhood of the Bronx. The proposed project site is on the corner of White Plains Road and East 241st, adjacent to the East 241st Street subway terminal along … <Read More>
Tenant Wins New Lower Base Rent
State used sampling method to set new base rent for studio improperly deregulated under luxury decontrol. The owner of a rental building at 160 East 84th Street, Manhattan, took advantage of the luxury decontrol provisions of the Rent Stabilization Law to deregulate a studio apartment. Subsequently, the New York Court of Appeals ruled that buildings like 160 East 84th Street were ineligible to take advantage of luxury decontrol because the building was also … <Read More>
Mayor Announces Long Island City Chosen to House New Amazon Headquarters
The project will bring tens of thousands of new jobs, billions in tax revenue, and investment in infrastructure, City says. On November 13, 2018, Mayor Bill de Blasio and Governor Andrew M. Cuomo announced that Amazon has selected Long Island City, Queens for one of its two new corporate headquarters. The City has been steadily increasing investment into Long Island City, with more than $2.4 billion of planned infrastructure investments and a recently announced $180 … <Read More>
City Planning Approves City-Initiated Special Garment Center District Rezoning
Zoning changes will bring many buildings into compliance and will lift manufacturing space preservation requirements. City officials step in to ensure garment manufacturing has a continuing place in the district. On September 26, 2018, the City Planning Commission held a public hearing on a proposed rezoning of the Special Garment Center District by the Department of City Planning, in conjunction with the New York City Economic Development Corporation (EDC). The Special Garment Center District encompasses … <Read More>
Court Holds That Agency Rent Overcharge Calculation Violated Law
Landlord not responsible for more than four years of overcharged rent. On August 16, 2018, the Appellate Division for the First Department held that the landlord for 27 West 96th Street in Manhattan did not engage in a fraudulent scheme to evade the Rent Stabilization Law and therefore the New York State Division of Housing and Community Renewal (DHCR) had miscalculated the amount of overcharged rent that was due back to tenants.