Search Results for: Incentive Program

City Comptroller audit faults HPD program

Problems found in HPD’s administration, inspections, audits and cost calculation for tax abatement program. On March 22, 2007, City Comptroller William C. Thompson issued an audit report on the Department of Housing Preservation and Development’s implementation of a tax abatement program, the J-51 Tax Incentive Program. The audit found problems with HPD’s handling of the program, specifically concluding that errors in cost calculations led to improper awards of tax benefits and incorrect fee assessments.

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Proposed Council Bill Aims to Study Increasing Use of Electric For-Hire Vehicles

On February 20, 2025, the City Council Commission on Transportation & Infrastructure held a public hearing on Int. No. 676, a bill that would require the Taxi and Limousine Commission (TLC) to conduct a comprehensive study on increasing electric for-hire vehicles and developing new charging infrastructure throughout New York City. The bill was sponsored by Council Member Amanda Farías.

Mayor Announces “Getting 97 Done” Initiative to Help Reduce Citywide Emissions

On September 12, 2023, Mayor Eric Adams announced his “Getting 97 Done” initiative. The plan aims to deliver on the goals outlined in Local Law 97 of 2019 – a 40 percent reduction inbuilding emissions by 2030, and a 70 percent reduction in citywide emissions by 2050. The plan is part of Mayor Adam’s long-term sustainability plan, “PlaNYC: Getting Sustainability Done”, published in April 2023.

Mayor Reveals Task Force Recommendations to Convert Underused Office Space to Housing

On January 9, 2023, Mayor Eric Adams announced a set of recommendations from the Office Adaptive Reuse Task Force for changes to state laws and city zoning requirements to make it easier for the conversion of underused office space to housing. The COVID-19 pandemic transformed how many companies operate, transitioning to work-from-home or hybrid structures that require less office space, while the city experiences an ongoing affordable housing crisis.