Search Results for: Acquisition

New York City Acquisition Fund to Have Exclusive Focus on M/WBEs and Nonprofits

The fund currently has $210 million in lendable proceeds. On January 21, 2021, Mayor Bill de Blasio, along with the Taskforce on Racial Inclusion & Equity, the Department of Housing Preservation and Development, the Housing Development Corporation, Enterprise Community Partners, Local Initiatives Support Corporation, and a coalition of public, private and philanthropic partners announced that the New York City Acquisition Fund (NYCAF) will exclusively serve Minority and Women-Owned Businesses (M/WBEs) and nonprofits to support affordable … <Read More>

City Planning Commission Considers Acquisition of Land to Expand Olmsted-Beil House Park

Proposed historic park expansion will provide space for programming and direct access from Hylan Boulevard. On October 31, 2018, the City Planning Commission held a public hearing for an application on the acquisition of property at 4485 Hylan Boulevard in the Eltingville neighborhood of Staten Island to expand Olmsted-Beil House Park. The Department of Parks and Recreation and the Department of Citywide Administrative Services jointly filed the application. 

City Planning Approves Parks’ Acquisition of Community Garden with Community Support

The City Planning Commission approved the acquisition of 6,000-square-foot community garden and passive recreation lot to place under jurisdiction of the Parks Department. On July 16, 2017, the City Planning Commission issued a favorable report on a joint application filed by the Department of Parks and Recreation and the Department of Citywide Administrative Services to acquire private property at 237 Maple Street in the Prospect-Lefferts Gardens neighborhood of Brooklyn. The acquired property would be used … <Read More>

Stormwater easements and acquisition approved

DEP to acquire 3.3 acres and three easements to establish stormwater runoff areas in Staten Island. In February the Planning Commission approved two actions associated with stormwater runoff systems in the Arden Heights, Annadale, Eltingville, Woodrow and Prince’s Bay neighborhoods of Staten Island, some of the last remaining areas in the city without established stormwater sewer systems.

DEP sought to acquire three easements, totaling .2 acres, in Prince’s Bay and Woodrow and in the second … <Read More>

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>