Search Results for: Real Property Tax

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.

City Planning Hears Application for Four New Affordable Buildings in East New York

The sites are all located within a few blocks from each other. On March 30, 2022, the City Planning Commission held a public hearing for an application that would facilitate the construction of four new buildings with a total of 46 affordable units in East New York, Brooklyn. The four sites are located at 492-496 Glenmore Avenue, 2358-2362 Pitkin Avenue, 943 Dumont Avenue, and 743 Blake Avenue, as part of the Sutter Place Neighborhood Construction … <Read More>

City Planning Hears Application for Last Building of Ongoing Broadway Triangle Project

On March 16, 2022, the City Planning Commission held a public hearing for Bartlett Crossing Site A-2, one of the five buildings that comprises the larger affordable housing Broadway Triangle project. Broadway Triangle is an affordable housing development consisting of five buildings across four sites. Bartlett Crossing Site A-1 is located on Flushing Avenue between Harrison Avenue and Whipple Street. The other three sites, Site A-2, Site B and Site C are all located on … <Read More>

Council Votes to Create Supportive Housing Tenants’ Bill of Rights, Reporting Requirements

The bill of rights provides tenants with necessary rights and information to help them maintain their housing. On December 9, 2021, the City Council voted to approve two bills related to supportive housing. Supportive housing is a form of affordable housing with on-site social and supportive services targeted primarily at formerly homeless households. The bills, both sponsored by Council Member Stephen Levin, create a supportive housing tenants’ bill of rights and require the Department of … <Read More>

GUEST COMMENTARY: Hudson Yards – Setting the Record Straight (or Don’t Doubt its Success)

I was motivated to respond to an article by Robert Kuttner on The American Prospect website that in general argued that a tax-subsidized project was facing impending collapse which could provide an opportunity for affordable housing. I have no problem with the author disliking Hudson Yards and he wouldn’t be the first or only one to do so. I believe, however, that the American Prospect piece contains misinformation on the Hudson Yards project. This article … <Read More>