On April 8, 2024, Governor Kathy Hochul announced $412 million in bonds and subsidies to create and preserve nearly 1,100 affordable homes statewide, including four projects in the Bronx and Brooklyn. The awards are part of the Governor’s five-year $25 billion housing plan to preserve or create 100,000 affordable homes statewide with 10,000 supportive homes.
Search Results for: Brooklyn
Landmarks Votes to Calendar Brooklyn Edison Company Building in Downtown Brooklyn
On February 13, 2024, the Landmarks Preservation Commission voted to calendar the Brooklyn Edison Building for landmark designation. The 13-story building is located at 345 Adams Street in Downtown Brooklyn.
City Reveals Atlantic Avenue Mixed-Use Plan to Bring Affordable Housing and Open Space to Central Brooklyn
On September 7, 2023, the New York City Mayor’s Office and New York City Department of City Planning released plans for new affordable senior homes and a revamp of St. Andrew’s Playground in Central Brooklyn. The departments’ objective was to further their ‘Atlantic Avenue Mixed-Use Plan’ by building in a zone of Brooklyn that has been stifled by restrictive zoning regulations.
City Announces $40 Million Investment for Public Spaces and Street Safety in Downtown Brooklyn
On July 20, 2023, Mayor Eric Adams, Department of Parks & Recreation (Parks) Commissioner Sue Donoghue, and Department of Transportation (Transportation) Commissioner Ydanis Rodriguez announced a $40 million investment to improve public spaces and street safety along Fulton Street and across Downtown Brooklyn—the borough’s largest economic hub. The project, which is part of Mayor Adams’ $375 million investment in improving public spaces citywide, aims to support Brooklyn’s economy by delivering streetscape improvements, transportation and public … <Read More>
City Announces New Biotechnology Center at the Brooklyn Navy Yard
On March 3, 2023, New York City Mayor Eric Adams, New York City Economic Development Corporation, and Brooklyn Navy Yard Development Corporation announced the City will open a new sustainability-focused biotechnology center at the Brooklyn Navy Yard. The $20 million center will open in 2025 and be the first commercial center for sustainable biotechnology development in the United States. More than 400 jobs will be created and supported through the center’s office spaces, research laboratories, … <Read More>
La Guardia Playground Renovation Brings New Green Space to Brooklyn
On August 19, 2022, NYC Parks Commissioner Sue Donoghue cut the ribbon on a $6.74 million renovation of La Guardia Playground, at 252 S 4th St., in South Williamsburg. She was joined by Brooklyn Borough President Antonio Reynoso, Council Member Jennifer Gutiérrez, and community members and representatives from the North Brooklyn Parks Alliance and El Puente. The new developments are funded by NYC Parks’ Community Parks Initiative (CPI), which targets high-density, low-income spaces for green … <Read More>