In response to neighborhood concerns, the Board conditioned the zoning variance on several limitations meant to reduce the risk of excess noise and increase pedestrian safety. On October 16, 2016, the Board of Standards and Appeals approved with conditions a request by The Chapin School, Ltd. for a zoning variance to construct a three-story addition to its existing school, located at 100 East End Avenue on the Upper East Side of Manhattan. The Chapin School, … <Read More>
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New York State Assembly Housing Committee Chair Keith Wright Proposes Bill to Subsidize Affordable and Senior Housing
The bill seeks to fill the gap left open by the expiration of 421-a, the decades-old tax exemption program that expired on January 1, 2016. On March 15, 2016, New York State Assembly Housing Committee Chair Keith Wright, who represents Manhattan, introduced Assembly bill A9537, which would provide for new, taxpayer-funded affordable housing subsidies and job training programs. If enacted, the bill would incentivize the construction of affordable housing and affordable senior housing through subsidies, … <Read More>
HPD Proposes to Implement Extension of Existing 421-a Affordable Housing Tax Abatement Program
The “421-a Extended Affordability Program Rules” would provide a 10 to 15 year extension to eligible buildings enrolled in the program prior to its expiration. On March 14, 2016, the Department of Housing Preservation and Development proposed two agency rules to extend the 421-a real property tax exemption program for those who already had been benefiting from the program prior to its expiration in June 2015. The State authorized HPD to promulgate the new rules … <Read More>
Former Fish Market Building to be Dismantled, Reconstructed, Moved
The Tin Building will be elevated to bring it out of 100-year flood plain, and it will be restored to its market use as part of the larger Seaport development. On March 22, 2016, the Landmarks Preservation Commission considered and approved a proposal to dismantle the Tin Building, built as part of the Fulton Fish Market in 1907, and move, restore and reconstruct the structure within the South Street Seaport Historic District. The building, … <Read More>
Full Council Passes Mandatory Inclusionary Housing and Zoning for Quality and Affordability Proposals by an Overwhelmingly Majority Vote
Despite disruption from Council public gallery, the modified plans were adopted without suspense. On March 22, 2016, the City Council voted to approve Mayor Bill de Blasio’s Mandatory Inclusionary Housing and Zoning for Quality and Affordability proposals at its stated meeting. The full vote follows extensive modifications by the Council to the original plan. The approved text amendments are significantly different from the earlier versions voted on by the Community Board and City Planning. For … <Read More>
Full City Council to Vote Today on Mayor’s Affordable Housing Proposals [UPDATE: MIH & ZQA Pass Full Council]
Full vote follows Committee approval following extensive modifications after receiving community input and testimony for months. On March 17, 2016, the City Council Subcommittee on Zoning and Franchises and the Committee on Land Use each voted on Mayor Bill de Blasio’s proposed Mandatory Inclusionary Housing and Zoning for Quality and Affordability proposals. The full Council is expected to approve the proposals at today’s City Council Stated Meeting. To see CityLand‘s comprehensive chart outlining the … <Read More>