Wide Community Support Voiced for Extension to Mount Morris Park HD

276-property proposed extension shares developments history, scale and architecture with existing historic district.  On July 21, 2015, the Landmarks Preservation Commission held a hearing on a possible extension to the 1971-designated Mount Morris Park Historic District . The extension is composed of 276 properties and lies east of Lenox Avenue, between 117th and 124th Streets. The extension shares its development history with the existing historic district as one of the first residential areas in Harlem, … <Read More>


Manhattan Developer Pays $4.7 Million in Tax Evasion Settlement

Attorney General Schneiderman found the developer was operating a building as an illegal hotel while receiving a 421-a property tax exemption. On February 26, 2015 New York State Attorney-General Eric Schneiderman announced reaching a settlement with 47 East 34th Street LP over illegally evading New York property taxes. The LP owns an apartment building at 47 East 34th Street in Manhattan which is exempt from property tax under the 421-a program, however the Attorney General’s … <Read More>


City Council Holds Oversight Hearing on 421-a Program

HPD Commissioner Been, others testify on effectiveness of the program.  On January 29, 2015 the City Council Committee on Housing and Buildings held an oversight hearing on the 421-a tax benefit program. The program, established in 1971 by the New York State Legislature, was designed to spur residential development of underused land by granting a property tax reduction to developers for a period of ten to twenty-five years, with an objective of increasing affordable housing … <Read More>


Medicaid: 5 Million New Yorkers, $53 Billion and Growing

Fiscal year 2010 Medicaid spending by the fifty states, excluding administrative costs, exceeded $389 billion dollars.  New York State led the states in total spending at $52 billion dollars. Medicaid costs are now the largest driver of state and local spending in New York State. Recent changes in State law have helped reduce the local costs, but Medicaid continues to dominate State and local expenses.

Congress in 1965 established Medicaid under Title XIX of the <Read More>


Speaker Quinn Addresses Affordable Housing in State of the City Address

Presumptive mayoral candidate focuses on solutions to the “middle class squeeze” in speech. On February 11, 2013, City Council Speaker Christine C. Quinn gave her final State of the City Address. Speaker Quinn, who is term limited at the end of this year, is expected to announce her candidacy for mayor in September’s Democratic primary.

Quinn’s speech focused primarily on helping the middle class. The Speaker highlighted The Middle Class Squeeze, a report … <Read More>


City Seeking Developer for Reuse of Drill Hall Space in Bedford-Atlantic Armory

Department of Homeless Services operates a 350-bed men’s shelter in head house of landmarked Armory. On August 14, 2012, the City Economic Development Corporation issued a request for proposals from developers interested in leasing and reusing a 50,000-square-foot drill hall space in the 23rd Regiment Armory at the corner Bedford and Atlantic Avenues in Crown Heights, Brooklyn. The National Guard completed the Romanesque Revival-style Armory in 1895. The Landmarks Preservation Commission designated the building … <Read More>