Loft Law prevents using bankruptcy as a tool to circumvent housing law. In 2002, Bridge Associates of Soho, Inc. (“Bridge Associates”) acquired 99 Vandam Street in the SoHo neighborhood of Manhattan. 99 Vandam is a seven-story residential loft building that has been governed by Article 7-C of the New York Multiple Dwelling Law (“Loft Law”) since approximately 1991. Loft Law governs the conversion of manufacturing and commercial use buildings to residential use buildings. The law … <Read More>
Search Results for: SoHo,Manhattan
Comptroller Releases Retail Vacancy Report in Response to City Planning’s Report
Comptroller’s office analyzes other sources of data, concluding retail vacancy is citywide problem. On September 25, 2019, New York City Comptroller Scott M. Stringer released a report regarding New York City’s retail vacancy crisis. Comptroller Stringer’s report is intended to fill a void in unexplored data from City Planning’s August 8, 2019, analysis of the same topic.
DCP Releases Storefront Vacancy Report
The causes of vacancies vary due to differences in local economies and other community characteristics. On August 8, 2019, the Department of City Planning released “Assessing Storefront Vacancy in NYC”, a report which examines retail patterns and storefront vacancies across 24 different neighborhood shopping corridors around the city.
Landmarks Calendars Six LGBT Historic Sites for Consideration
The six buildings are up for consideration in honor of the 50th anniversary of the Stonewall Riots. On May 14, 2019, the Landmarks Preservation Commission held a calendaring hearing for five buildings in Manhattan and one building in Staten Island to consider for future designation. The six sites – the Gay Activists Alliance Firehouse, Women’s Liberation Center, the Lesbian, Gay, Bisexual & Transgender Community Center, the Caffe Cino, the James Baldwin Residence and the … <Read More>
Mayor Announces Long Island City Chosen to House New Amazon Headquarters
The project will bring tens of thousands of new jobs, billions in tax revenue, and investment in infrastructure, City says. On November 13, 2018, Mayor Bill de Blasio and Governor Andrew M. Cuomo announced that Amazon has selected Long Island City, Queens for one of its two new corporate headquarters. The City has been steadily increasing investment into Long Island City, with more than $2.4 billion of planned infrastructure investments and a recently announced $180 … <Read More>
New Six-Story-Plus-Setback Building Proposed For West Broadway Site
Morris Adjmi-designed building would replace three-story commercial structure built in 1986. On June 12, 2018, Landmarks held a hearing on a proposal to construct a new building at 430 West Broadway in the SoHo-Cast Iron Historic District. The lot is currently occupied by a three-story commercial structure built in 1986 and redesigned in 1997 to plans by the firm of Greenberg Farrow. The proposal would see the demolition of the existing building, and the construction … <Read More>