
Lexington Gardens II. Image Credit: Manhattan Community Board 11
UPDATE: On November 29, 2016, the City Council voted 49-0 to approve the Lexington Gardens II project. The approval will allow Tahl Propp Equities and L+M Development Partners to proceed with the proposed development which will provide 400 new affordable units. One quarter of the affordable units will be permanently affordable under the Mandatory Inclusionary Housing law, and the remainder will be affordable for 40 years under a regulatory agreement with the Department of Housing Preservation and Development. “The Lexington Gardens development will advance the goals of the East Harlem Neighborhood Plan by making sure that hundreds of existing local community members can benefit from affordable units,” said City Council Speaker Melissa Mark-Viverito in a statement. (more…)

Henry Street Firehouse sitting to the right of Henry Street Settlement headquarters. Image credit: CityLand
Community facility will provide on-site social services and improved access to need-based financial benefits. On August 13, 2015, the City Council adopted a resolution to rehabilitate a vacant firehouse and convert it into a community facility. The Department of Housing Preservation and Development submitted the Urban Development Action Area Project proposal to the City Planning Commission on March 31, 2015. The four-story firehouse is located at 269 Henry Street in the Lower East Side neighborhood of Manhattan and has not been used since 2002.
(more…)

Former City Council member Erik Dilan was fined $9,000 for violating the Conflict of Interests Law. Image Credit: Office of State Assemblyman Erik Dilan
Erik Dilan illegally received financial benefits from developer who had business before the Council. On January 22, 2015, the Conflict of Interests Board levied a $9,000 fine on former City Council member Erik Dilan for violations of the City Conflict of Interests Law. Mr. Dilan, now the State Assemblyman for the 54th District, was at the time the Council member of the 37th District representing Cypress Hills, Bushwick, City Line, Oceanhill-Brownsville, and East New York. While in the Council, Mr. Dilan chaired the Housing and Buildings Committee.
(more…)

The property tax exemptions will affect seven buildings in Brooklyn Community Board 16. Image credit: Department of City Planning
Dean Atlantic HDFC received property tax exemption for seven buildings. On August 21, 2014, the City Council voted 47-0 to approve an Article XI property tax exemption on seven buildings owned by the Dean Atlantic Housing Development Finance Corporation. The Department of Housing Preservation and Development requested the exemption from the City Council on Dean Atlantic’s behalf. The buildings are all in Brooklyn Community Board 16, covering the Ocean Hill and Brownsville communities. Six of the buildings are located in an area bounded by Atlantic Avenue to the north, Dean Street to the south, Rockaway Avenue to the west and Eastern Parkway to the east. The seventh building is located further south at the corner of Park Place and Saratoga Avenue. The buildings are either two-or three-stories for a total of twelve residential units, with five of the buildings featuring a commercial space on the ground floor. The residences are two- and three-bedroom units.
(more…)
Date: 08/28/2014
Comments Off on City Council Approves Tax Exemption to Preserve Affordable Housing

Rendering of micro-unit interior. On the left, the canvas space, and on the right, the toolbox space. Image Credit: Office of the Mayor.
City’s proposed micro-unit pilot program criticized for lack of permanently affordable housing. On July 24, 2013, the City Planning Commission held a hearing on the City’s first micro-unit building, part of the Mayor’s adAPT NYC program. The development will serve as a pilot program to test the viability and marketability of 250- to 360-square-foot units in a single building. The City’s Department of Housing Preservation and Development proposed the plan to be built at 335 East 27th Street in Manhattan by Monadnock Construction and nARCHITECTS. The 10-story development will contain 55 pre-fabricated one- to two-person residential units; 22 units will be affordable for a period of 30 years and the rest will be available at market rates. The micro-units will have a studio-style design with a toolbox zone (kitchen, bathroom, and storage space) and a canvas zone, which will be an open space for eating and sleeping. (Read CityLand’s past coverage here.)
(more…)