HPD Commissioner Been Addresses New Affordable Housing Initiatives

HPD will permit architect self-certification and expand M/WBE developer opportunities. On October 7, 2014, Commissioner Vicki Been of the NYC Housing Preservation and Development gave the keynote address to the annual luncheon of Women in Housing and Finance. Commissioner Been elaborated on and announced new HPD initiatives to advance Mayor Bill de Blasio’s affordable housing plan.


CUNY Forum Focuses On Affordable Housing Issues

Elected officials and real estate professionals debate solutions and strategies to City’s affordable housing shortage. On October 1st, 2014 the City University of New York’s CUNY Forum series held a panel discussion titled “Affordable Housing and Social Justice in NYC”. The panel featured Manhattan Borough President Gale Brewer, Vishaan Chakrabarti of SHoP Architects and Associate Professor at Columbia University, Real Estate Board of New York President Steven Spinola, and Council Member Jumaane D. Williams. The … <Read More>


New School Hosts Panel Discussion on Historic Preservation and Affordable Housing

Elected officials, affordable housing advocates, and preservationists speak on historic preservation’s impact on New York City’s affordable housing shortage. On September 16, 2014, The Milano School of International Affairs, Management, and Urban Policy at The New School hosted a panel discussion on New York City’s affordable housing shortage and historic preservation. The discussion was co-presented by the Historic Districts Council and the Greenwich Village Society for Historic Preservation. The panel featured Manhattan Borough President <Read More>


Weisbrod Highlights East New York as Test for Affordable Housing

At the CityLaw Breakfast on September 5, 2014, Carl Weisbrod laid out the De Blasio Administration’s housing policy. As was widely reported, the City will look to implement mandatory inclusionary housing on all City-sponsored rezonings. One of the first tests of this new policy is the privately sponsored Astoria Cove development in Queens, where an affordable component will likely be required if approved under ULURP.


City Council Approves Tax Exemption to Preserve Affordable Housing

Dean Atlantic HDFC received property tax exemption for seven buildings.  On August 21, 2014, the City Council voted 47-0 to approve an Article XI property tax exemption on seven buildings owned by the Dean Atlantic Housing Development Finance Corporation.  The Department of Housing Preservation and Development requested the exemption from the City Council on Dean Atlantic’s behalf.  The buildings are all in Brooklyn Community Board 16, covering the Ocean Hill and Brownsville communities.  Six … <Read More>


Citizens Budget Commission Report: Lack of NYC Affordable Housing not as severe as other Cities

CBC report compares New York City’s lack of housing affordability to 22 other cities.  On August 6, 2014, the Citizens Budget Commission released a report studying the scale of New York City’s affordable housing problem by comparing New York City to twenty-two other U.S. cities that were either among the largest U.S. cities by population, or the centers of the largest metropolitan areas by population.  The study covers a thirteen-year time period, 2000 to 2012.  … <Read More>