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>
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Law Bans Employers From Asking Candidates About Salary History
New local law bans employers from asking applicants about past salaries. On October 31, 2017, the new city-wide Salary History Law took effect. Public Advocate Letitia James, introduced the legislation in August 2017 in response to a report that women in the City earned $5.8 billion less than men in annual wages. Women in City government suffered a wage gap two-to-three times larger than women working in the private sector, with women of color … <Read More>
New Filings and Decisions Charts for January 2018
CityLand tracks these applications through the review process to a final decision. The majority of these decisions are available on the Center for New York City Law’s CityAdmin database (found at http://www.cityadmin.org/).
To view the New Filings and Decisions chart for January 2018, click here.
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>
Canal Street Development Approved after Landmarks Modifications
Proposal, whose previous iteration was subject to community and commissioner opprobrium, approved after reduction in size and modifications in design and materials. At its meeting on January 23rd, 2017, the Landmarks Preservation Commission considered and approved a modified proposal to redevelop five properties in the Tribeca East Historic District at 312 to 322 Canal Street with a single new structure. The site is currently occupied by two-story commercial structures dating to the 19th century, but … <Read More>
Four-Story Addition to Recently Designated Landmark Proposed
Developer’s representatives said application was presented as alternative to hardship application to demolish landmark; proposed four-story addition would celebrate and honor history of building. On January 9, 2017, Landmarks held a hearing for proposed work on 827-831 Broadway, an individual City landmark. The twin buildings—completed in 1867 and designed by Griffith Thomas—were recently designated landmarks for their commercial history, original cast-iron Italianate architecture, and their connection to 20th century art. The buildings … <Read More>