The Citi Bike expansion will double the current service area by 35 square miles and triple the number of bikes to 40,000. On July 16, 2019, the de Blasio Administration announced Citi Bike’s expansion. Last November, Lyft entered into an agreement with the City to invest $100 million in Citi Bike, which will double the size of Citi Bike’s service area and triple the number of bikes in the program. The expansion will take … <Read More>
Search Results for: Sunnyside,Queens
421-a Property Tax Process Renewed
The revised Section 421-a offers new opportunities for affordable housing. The 421-a property tax exemption began in 1971 as an incentive for developers to develop badly needed housing in New York City. When the real estate market rebounded in the 80s, the program was amended to condition tax abatements on the construction of affordable housing units. The program expired in June 2016. In its place, the State Legislature passed the “Affordable New York” program in … <Read More>
Nazi Regalia in Condo Lobby to be Investigated by the City’s Human Rights Commission
City will investigate property manager who decorated condo lobby with Nazi and other fascist regalia. On August 29, 2017, the City’s Commission on Human Rights announced that it had launched an investigation into the claims of tenant harassment at 47-55 39th Place in the Sunnyside neighborhood of Queens. The investigation stems from the display of Nazi and Confederate imagery, swastikas and other hate symbols in the lobby. Tenants, condo owners and Majority Leader Jimmy Van … <Read More>
One Year Under Mandatory Rules Produces 4,700 Affordable Units
Mayor and City Council celebrate progress in production of affordable housing units since the passage of mandatory affordable rules one year ago. March 22, 2017, marked the one year anniversary of the Mandatory Inclusionary Housing program. The program, which requires developers to include permanently affordable housing whenever a special permit or a rezoning significantly increases the underlying potential residential floor area, has received both praise and chastisement from advocates and Council Members.
Developer Withdraws Proposal Following Public Controversy over Affordable Housing
Phipps Houses withdrew its application for its ten-story, Barnett Avenue development following a lack of community support. On September 20, 2016, Phipps Houses, the oldest and largest not-for-profit developer of affordable housing in New York City, withdrew its Barnett Avenue development proposal—the day before its scheduled public hearing in front of the City Council’s Subcommittee on Zoning and Franchises. Phipps Houses had sought a zoning map change and two zoning text amendments to … <Read More>
Mayor de Blasio Delivers State of the City Address
Affordable housing issues, including rent-regulation, mandatory inclusionary zoning, and more were highlighted in the speech. On February 3, 2015 Mayor Bill de Blasio delivered his second State Of The City address from Baruch College. The Mayor spoke at length about the affordable housing crisis facing New York City and the programs his administration has begun or will propose to address the problem.