Search Results for: Development

CityLaw Profile: Elizabeth Fine, General Counsel, Empire State Development Corporation

Elizabeth Fine became General Counsel and Executive Vice-President of the Empire State Development Corporation in 2014 after a long career of government service. Fine grew up in New Haven, Washington D.C., and Lima, Peru. Her family eventually settled in the Boston area, where Fine graduated Brookline High School. Jonathan Fine, Elizabeth’s father, had worked in Lima for the Agency for International Development while her mother, Edith W. Fine, was an administrator for the Peace Corp. … <Read More>

Landmarks Approves Modified Plans for Kreischer House Senior Development

The modified design increased the visibility of the Kreischer Mansion on the site. On May 8, 2020, the Landmarks Preservation Commission voted to approve a Certificate of Appropriateness for three actions to facilitate the development of a new senior housing complex, comprising of eleven buildings, surrounding the Kreischer House. The Kreischer House, a two and a half story Victorian-era mansion, and a portion of the land it sits on is a landmarked site in Charleston, … <Read More>

NYCHA Earns Over $2.6 Million By Transferring Hobbs Court Development Rights

NYCHA seeks to raise revenue for capital repairs by selling transferrable development rights on NYCHA properties. On March 5, 2020, the New York City Housing Authority (NYCHA) announced the finalization of an agreement to transfer approximately 9,000 square feet of development and parking rights at the Hobbs Court development, located at 315 E 102nd Street in East Harlem, Manhattan.

City Planning Holds Hearing on Transfer of Development Rights from Landmarked East Village Building

Community questions benefits received and context of development. On March 4, 2020, the City Planning Commission heard an application by Real Estate Equities Corporation for a special permit to transfer development rights from a landmarked site and construct a ten-story commercial building in the East Village neighborhood of Manhattan. The development site is located at 3 St. Marks Place, on the northeast corner of Third Avenue and St. Marks Place and is currently vacant. The … <Read More>

NYCEDC Announces Community Outreach Phase of Hunts Point Redevelopment Plan

The New York City Economic Development Corporation (NYCEDC) selected a team at the Pratt Center for Community Development to facilitate community outreach for a plan to redevelop Hunts Point. Starting this spring, NYCEDC and the Pratt Center for Community Development will host public workshops and meetings for the Hunts Point community as part of its engagement plan. Over the next 18 months, residents and businesses will share their opinions on the current state of Hunts … <Read More>

Developers Must Set Aside Affordable Retail Space in City-Funded Developments

The law will help provide more opportunities for small businesses to remain in the City. On February 23, 2020, Introduction 1408-B was enacted into Local Law 35 of 2020. Introduction 1408-B requires developers to set aside affordable retail space for non-chain retailers within large City-funded affordable housing developments. The requirement will apply to certain affordable housing developments of at least 750,000 square feet that receive $15 million or more in City funds. The law, sponsored … <Read More>