Third Industrial Business Incentive Area Project Approved by City Planning in Williamsburg

City Planning Commissioners voice concern over approving too many IBIAs before knowing the impacts that such projects will have on the area. On February 27, 2019, the City Planning Commission voted to approved another Industrial Business Incentive Area (IBIA) within the Greenpoint/Williamsburg Industrial Business Zone (IBZ) of Brooklyn. This project will be the third of its kind, with 25 Kent Avenue as the first, and 12 Franklin Street as the second.  This application expands the … <Read More>


HPD Announces Partners for Two Senior Affordable Housing Projects in the Bronx and Brooklyn

There will be over 350 affordable units for seniors between the two projects. On March 11, 2019, the Department of Housing Preservation and Development (HPD) and the New York City Housing Authority (NYCHA) announced the selection of partners for the development of two 100 percent senior affordable housing projects in the Bronx and Brooklyn. The projects are a part of HPD’s Senior First strategy, a three-prong strategy to ensure safe and affordable housing for seniors … <Read More>



Landmarks Approves Revised Plans for Commercial Building in SoHo-Cast Iron Historic District

The revised plans were inspired by the cast-iron elements of the surrounding buildings in the district. On February 19, 2019, the Landmarks Preservation Commission voted to approve a Certificate of Appropriateness for the proposed demolition of a three-story commercial building and construction of a new six-story building at 430 West Broadway in the SoHo-Cast Iron Historic District. The new building will have retail space at its base and a community facility and offices on the … <Read More>


City Planning Approves Modified Rezoning of Summit Street in Brooklyn

The applicant’s proposed rezoning received strong pushback from the community. On January 9, 2019, the City Planning Commission held a public hearing on a proposed rezoning in the Columbia Street Waterfront District in Brooklyn. The applicant, 41 Summit Street LLC, sought a zoning map and a zoning text change to facilitate the development of a seven-story, approximately 10,000 square foot residential building at 41 Summit Street. The application was presented to the City Planning Commission … <Read More>


EVENT ANNOUNCEMENT: NYC Real Estate Development and the 2019 Charter Revision – CRES Breakfast Forum Series

 

Breakfast Forum: “Is a New Power Structure in NYC Real Estate Development and Land Use Coming With the 2019 Charter Revision?”

 

featuring

Distinguished Panelists

John H. Banks, President, Real Estate Board of New York

David G. Greenfield, CEO, Met Council

Miriam Harris, Executive Vice President, Trinity Place Holdings

Catherine McVay Hughes, Former Chair, Manhattan Community Board 1

Carl Weisbrod, Senior Advisor, HR&A Advisors

Moderator 

Ross F. Moskowitz <Read More>