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    Search results for "Lower East Side, Manhattan"

    Two Housing Advocacy Groups Issue Report on Airbnb’s Effect on Residential Rental Rates

    Affordable Housing  •  Airbnb  •  Citywide
    The cover page of the report jointly issued by Housing Conservation Coordinators Inc. and MFY Legal Services Inc. Image credit: BJH Advisors LLC

    The cover page of the report jointly issued by Housing Conservation Coordinators Inc. and MFY Legal Services Inc. Image credit: BJH Advisors LLC

    The report found that the pervasive use of Airbnb in New York City is likely the indirect causation of incredibly low residential vacancy rates and rising rental rates. In June of 2016, housing advocacy groups Housing Conservation Coordinators and MFY Legal Service jointly issued a study on the impact Airbnb and similar short-term rental-facilitating platforms have on the traditional housing market in New York City. While there are several companies connecting short-term rental apartments with people seeking such accommodations, the biggest player in the market right now is undoubtedly Airbnb.

    (more…)

    Tags : Airbnb, Airdna, BJH Advisors, Housing Conservation Coordinators, MFY Legal Services
    Date: 07/12/2016
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    City Planning Commission Holds Hearing on East Houston Street Rezoning

    City Planning Commission  •  ULURP  •  Lower East Side, Manhattan
    City Planning Commission hearing testimony at the June 8th hearing. Image credit: CityLand

    City Planning Commission hearing testimony at the June 8th hearing. Image credit: CityLand

    The proposed rezoning would facilitate the development of a mixed-use building where an unoccupied, deteriorating building currently stands. On June 8th, 2016, the City Planning Commission held a public hearing on an application to amend the City’s zoning map to facilitate the construction of a 13-story mixed-use building at 255 Houston Street, located on the Lower East Side in Manhattan.

    (more…)

    Tags : East Houston Rezoning, East Village/Lower East Side, East Village/Lower East Side Rezoning, Manhattan Borough President Gale Brewer, Manhattan Community Board 3, ULURP
    Date: 06/10/2016
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    Weisbrod Highlights East New York as Test for Affordable Housing

    Commentary  •  Ross F. Moskowitz
    Ross F. Moskowitz. Image Credit: Strook & Strook & Lavan, LLP.

    Ross F. Moskowitz. Image Credit: Stroock & Stroock & Lavan, LLP.

    At the CityLaw Breakfast on September 5, 2014, Carl Weisbrod laid out the De Blasio Administration’s housing policy. As was widely reported, the City will look to implement mandatory inclusionary housing on all City-sponsored rezonings. One of the first tests of this new policy is the privately sponsored Astoria Cove development in Queens, where an affordable component will likely be required if approved under ULURP. (more…)

    Tags : affordable housing, Amanda M. Burden, Carl Weisbrod, City Planning Commission, CityLaw Breakfast, Mayor Bill de Blasio, Ross Moskowitz, Strook Strook & Lavan
    Date: 09/17/2014
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    Council Committee Approves Proposal for Large, 1,234-unit Residential Development in Clinton/Hell’s Kitchen Neighborhood

    City Council  •  Rezoning/Special Permit  •  Clinton/Hell's Kitchen, Manhattan
    Rendering of the development proposed for 606 W 57th Street. Image Credit: TF Cornerstone.

    Rendering of the development proposed for 606 W 57th Street. Image Credit: TF Cornerstone.

    Latest Clinton/Hell’s Kitchen proposal raised concerns about impact on the City’s infrastructure. On April 1, 2014, the City Council Land Use Subcommittee on Zoning and Franchises heard TF Cornerstone’s application to construct a mixed-use building at 606 West 57th Street between Eleventh and Twelfth Avenue in the Clinton/Hell’s Kitchen Neighborhood in Manhattan. The approximately 1.2 million sq. ft. mixed-use development would create approximately 1,027 market-rate rental units and 207 affordable units. The development will also include 42,000 sq. ft. of commercial or community facility floor area, and up to 500 parking spaces. Manhattan Community Board 4 and then Manhattan Borough President Scott Stringer recommended approval of the application in December 2013. The City Planning Commission unanimously approved TF Cornerstone’s application on March 17, 2014. (more…)

    Tags : 606 West 57th Street, Assembly Member Linda B. Rosenthal, Clinton district, Council Member Helen Rosenthal, Council Member Mark Weprin, Hell's Kitchen, TF Cornerstone
    Date: 04/24/2014
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    Residential Redevelopment of Former Orphanage Considered [Update: Landmarks Issues Certificate After Revisions]

    Landmarks Preservation Commission  •  Certificate of Appropriateness  •  SoHo, Manhattan
    Old St. Pat's

    Rendering of original proposed reconstruction at site of Old St. Patrick’s Convent and Girls School.  Approved rendering not available.  Image Credit: LPC

    Application affecting individual landmark would include the demolition of a 1950s extension and the construction of a glass brick townhouse. On October 8, 2013, the Landmarks Preservation Commission held a hearing on a proposed project for a portion of the 1966-designated Old St. Patrick’s Convent and Girls School.  The project site, located at the corner of Prince and Mott Streets in Manhattan, was originally built as an orphanage and was most recently used as school. The project proposes to demolish an addition to the building from 1950 which faces Mott Street, and build a new one-family townhouse. Additional extensions would be built on the roof of an 1860 extension, also facing Mott Street. The owners would also restore the orphanage building and convert it for residential use.

    Monsignor Donald Sakano of Old St. Patrick’s Cathedral testified that the school, which had long occupied the building, closed three years ago. He stated that the church intended to use the proceeds from the sale of the building to maintain and restore the church’s other historic structures. Sakano said the church would retain use of three stories in the former orphanage, primarily to further its work in adult education. Abby Hamlin, President of developer Hamlin Ventures, testified that the work proposed would include the “superb” restoration of the façade of the original 1826 orphanage building, while redeveloping the interior for residential use. She stated that the work constituted a “modest expansion” of the existing square footage, which is much less than what would be allowed as-of-right under the area’s zoning. (more…)

    Tags : Historic District Council, Landmarks Preservation Commission, Manhattan Community Board 2, Marvel Architects, Old St. Patrick's Convent and Girls School, Society for the Architecture of the City
    Date: 11/21/2013
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