$466 million moved back into the 2021 Fiscal Year’s capital budget. On October 22, 2020, Mayor Bill de Blasio announced the acceleration of capital funding within the City’s affordable housing plan by shifting $466 million to the current fiscal year’s capital budget to address urgent affordable housing needs. In March, the City moved $466 million from the Department of Housing Preservation and Developments Fiscal Year 2021 budget to the Fiscal Years 2022 through 2024. However, … <Read More>
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New Investment in Bike Infrastructure for New York City
Three miles of new bike lanes will be created. On October 14, 2020, Mayor de Blasio announced that more than three miles of protected bike lanes have been completed in Midtown Manhattan and the Upper West Side, including uptown protected lanes on both Sixth Avenue and Central Park West.
LPC Calendars Dyker Heights’ Angel Guardian Home
Angel Guardian Home would be first landmark designation in the Dyker Heights neighborhood. On June 30, 2020, the Landmarks Preservation Commission voted to calendar the designation of the Angel Guardian Home, located at 6301 12th Avenue in Dyker Heights, Brooklyn. The former orphanage, which encompasses the entire 12th avenue frontage between 63rd and 64th Streets, is composed of four original, completely intact buildings: a central administration building, a nursery building, a reception and intake building, … <Read More>
London Terrace case remanded
Landlord classified rental apartments as being destabilized and charged tenants market rate rents despite receiving J-51 tax benefits. London Terrace Gardens, located along West 23rd Street in Manhattan and built in 1930, occupies an entire block and has 1700 apartments. After the enactment of the Rent Regulation Reform Act of 1993, London Terrace Gardens began deregulating rent-stabilized apartments through high-rent vacancy decontrol. London Terrace Gardens subsequently received J-51 tax abatement and exemption benefits after … <Read More>
UPDATED: City to Implement Up to 100 Miles of Safe Streets
The plan will aim to add 100 miles of open streets, widened sidewalks and protected bike lanes. Note: This article has been updated to continuously reflect the added streets as those announcements are made. Please continue to check back for further updates.
On April 27, 2020, the Mayor’s Office announced a plan along with Council Speaker Corey Johnson to implement street closures, sidewalk widening, and the addition of bike lanes as part of the City’s … <Read More>
City Planning Holds Hearing on Nine-Story Mixed-Use Building in Bensonhurst
The applicants propose to bring eleven affordable housing units under the City’s Workforce Option to Bensonhurst. On March 4, 2020, the City Planning Commission held a public hearing on an application to rezone part of a low-density residential zoning district in Bensonhurst, Brooklyn. The applicant, SUW 4 LLC, proposes to rezone the northwest corner of 60th Street and Bay Parkway, which is a 10,108 square foot vacant lot. Under the current zoning, only three- to … <Read More>