Applicants will continue to preserve and restore the building in exchange for the approval to increase the building’s height. On August 28, 2019, the City Planning Commission voted to approve an application for a special permit for 121 Chambers Street in Tribeca South Historic District, Manhattan. The special permit would allow for the addition of two stories to the existing five-story building.
Search Results for: New York Law School
City Council Passes Legislation Enhancing HPD’s Ability to Recoup Relocation Expenses
Intro 30-A gives HPD liens a stronger position. On August 14, 2019, City Council passed Intro 30-A providing that the City’s Department of Housing Preservation and Development’s (“HPD”) orders to vacate the premises, and the subsequent costs to relocate the displaced tenant would now be considered high status tax liens on the property. The law is intended to discourage the negligence of building owners and give HPD an ability to recover relocation expenses of those … <Read More>
De Blasio Administration Changes Affordable Housing Credit Check Rules
New Yorkers applying for affordable apartments now have the choice to avoid credit checks. On August 21, 2019, the Department of Housing Preservation and Development and the Housing Development Corporation announced major changes to Housing Preservation and Development’s affordable housing lottery application. The expanded guidelines will increase access for more New Yorkers to qualify for affordable housing. This change will have an immediate impact for some of the most vulnerable New Yorkers. Besides offering the … <Read More>
Plans for Broadway Junction’s Transformation and Revitalization are Revealed
The Vision Document represents the first effort by the City and the Brooklyn community to solely focus on Broadway Junction. On August 15, 2019, Council Member Rafael L. Espinal, Brooklyn Borough President Eric L. Adams, and the New York City Economic Development Corporation (NYCEDC) commissioned a Vision Document, Broadway Junction: Vision for the Future that serves as a guide to supporting the transformation of Broadway Junction in Brooklyn. The Vision Document is the first step … <Read More>
EVENT ANNOUNCEMENT: Seismic Shifts or Natural Progression? Recent Changes in NYC Real Estate – CRES Breakfast Forum Series
Breakfast Forum: “Seismic Shifts or Natural Progression? Recent Changes in NYC Real Estate
Featuring
Louise Carroll, Commissioner, NYC Housing Preservation and Development
Lisa Gomez, Chief Operating Officer and Partner, L+M Development Partners Inc.
Brenda Rosen, CEO of Breaking Ground
James Whalen, President of the Real Estate Board of New York (REBNY)
Moderator
Ross F. Moskowitz ’84, Partner, Stroock & Stroock & Lavan LLP
DATE
Thursday, September 19, 2019
Bronx Borough President Allocates Capital Funding to Poe’s Cottage
The Cottage is one of 101 projects the Borough President has provided capital dollars for this year. On August 14, 2019, Bronx Borough President Ruben Diaz Jr. announced that he will provide the Edgar Allen Poe cottage with $450,000 in capital funding through his 2020 Fiscal Year budget. Poe Cottage, built in 1812, is known for being horror writer Edgar Allen Poe’s final home. The Cottage is now a historic house museum and is a … <Read More>