New industrial modern loft building for Bronx area scarce with residential options. On March 14, 2018, the City Planning Commission held a hearing on the Willow Avenue Rezoning application. The applicant, Markland 745 LLC, seeks to develop a mixed-use, mostly residential building on Willow Avenue between East 133rd and East 134th Street in the Port Morris section of the Bronx. The property is currently occupied by a three-story commercial office building and a single-story warehouse. … <Read More>
Search Results for: Affordable Housing
Turn-of-the-Century Neo-Classical Bank’s Designation Supported by Ownership
Bank’s construction quickly followed opening of Williamsburg Bridge; grand Classical facade composed of limestone and granite communicated stability and civic pride. Landmarks held a hearing on the potential designation of the Dime Savings Bank of Williamsburgh on February 6, 2018. The bank stands at 209 Havemeyer Street in Brooklyn’s Williamsburg neighborhood. The building was constructed in 1908 and designed by the firm of Helmle and Huberty. A 1925 addition continued the original design, and more … <Read More>
Community Board Recommends Zoning Protections For 14th Street Tech Hub Plan
Proposed zoning protections expect to preserve the residential area between Union Square and Astor Place from rapid developments. On February 28, 2018, Manhattan Community Board 3 unanimously voted to include proposed zoning protections for the 3rd/4th Avenue corridors between East 8th and 14th Streets in Manhattan. The corridors are one of the areas between Union Square and Astor Place that will be impacted by Mayor Bill de Blasio’s Tech Hub Plan. The protections … <Read More>
421-a Property Tax Process Renewed
The revised Section 421-a offers new opportunities for affordable housing. The 421-a property tax exemption began in 1971 as an incentive for developers to develop badly needed housing in New York City. When the real estate market rebounded in the 80s, the program was amended to condition tax abatements on the construction of affordable housing units. The program expired in June 2016. In its place, the State Legislature passed the “Affordable New York” program in … <Read More>
City Council Subcommittee Hears Jerome Avenue Rezoning Plan
Amidst opposition from community members and organizations, the Jerome Avenue Rezoning plan had its day at the City Council. On February 7, 2018, the City Council’s Subcommittee on Zoning and Franchises held a public hearing on the application by the Department of City Planning and Department of Parks and Recreation for a zoning text amendment, zoning map amendment, and City Map amendment to de-map a portion of Corporal Fischer Place and to map new parkland … <Read More>
City Planning Hears Plans for New Building on Astoria Boulevard
On January 3rd, 2018, City Planning held a public hearing for the zoning map and zoning text amendment at 35-10 Astoria Boulevard in Queens. The proposed rezoning would facilitate a new seven-story mixed-use building. The ground floor will be used for commercial purposes and other floors will contain 35 dwelling units with 11 of the units as permanently affordable.