HPD Announces Historically Low Rental Vacancy Rate

On February 8, 2024, the Department of Housing Preservation and Development announced the initial results of the latest New York City Housing and Vacancy Survey (NYCHVS). The survey is the official source of the net rental vacancy rate which is used to show the ongoing need for rent control and rent stabilization. The survey is run approximately every three years and done in partnership with the U.S. Census Bureau since 1965. It is the longest-running <Read More>


HPD Announces Bergen Green Affordable Housing Project in Latest 24 in 24 Push

On January 31, 2024, the New York City Department of Housing Preservation and Development (HPD) announced that Apex Building Group and Bridge Street Development Corporation will be building 116 homes for low-income families at 516 Bergen Street in Prospect Heights, Brooklyn. The announcement comes in light of Mayor Adams’ push for affordable housing advancements on publicly owned land. Mayor Adam’s 24 in 24 plan is seeking to create or preserve around 12,000 units of housing <Read More>


City Reveals New Garbage Truck Design in Latest Push for Trash Containerization

On February 1, 2024, Mayor Eric Adams and Department of Sanitation Commissioner Jessica Tisch announced a twofold plan to move forward with the commitment made by Mayor Adams to store all street trash in pickup containers. The plan includes the introduction of automated, side-loading garbage trucks and a data-driven containerization strategy set to begin to take place in Manhattan Community Board 9 (Morningside Heights, Manhattanville, Hamilton Heights) this year. The pilot aims to containerize one … <Read More>


DOT Releases Final Rules for Permanent Outdoor Dining Program

Almost two years after the City Planning Commission’s zoning text changes, applications for the permanent program are expected to open next month. On February 2, 2024, the Department of Transportation released the final rules for the permanent outdoor dining program, “Dining Out NYC.”  Through the new program, outdoor dining will be expanded citywide on sidewalks year-round and in roadways seasonally from April through November. 


HPD Launches Month-Long Affordable Housing Push with Over 500 Units Planned at Inwood Waterfront Site

On January 29, 2024, the Department of Housing Preservation and Development began a month-long effort to advance affordable housing projects on public sites citywide as part of Mayor Eric Adams’ “24 in 24” plan. The plan, announced in his State of the City address, aims to advance 24 affordable housing projects on public sites in 2024 to create or preserve over 12,000 affordable units. The first site is currently an unused city-owned parking lot on <Read More>