Council backs not-for-profit sector with new legislation. On March 29, 2020, Local Law 42 of 2020 was adopted by the City without the Mayor signing it following unanimous City Council approval. Local Law 42 was originally introduced as Int. No 245-of 2018 by Council Member Antonio Reynoso and was later amended twice. The new law creates an exemption for City tax lien sales of properties owned by not-for-profit organizations. The law also creates a not-for-profit … <Read More>
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New York City Council to Hold First Ever Virtual Stated Meeting
Follow CityLand on twitter if you cannot watch City Council’s first ever virtual Stated meeting. On April 15, 2020, the New York City Council announced that it will be holding a Stated meeting on Wednesday April 22, 2020 at 1:30 PM. The meeting will be held remotely, a first for the New York City Council. The Stated meeting will be the first since February 27, 2020. The subsequently scheduled meetings were all canceled due to … <Read More>
Sunnyside Yard Master Plan Released by City and Amtrak
The plan calls for 100 percent affordable housing with emphasis on lowest incomes, transportation, new parks and open space. On March 4, 2020, the New York City Economic Development Corporation announced Mayor Bill de Blasio’s and Amtrak’s Sunnyside Yard Master Plan. The Plan’s framework will focus on building new public transit and making all housing affordable, especially for New Yorkers earning less than $50,000 per year. Sunnyside Yard is bounded by Northern Boulevard to … <Read More>
City Offers Payment Plans and Deferral Programs for Property Tax Payments
Department of Finance looks to ease tax burden on homeowners through deferment programs and suspension of the annual tax lien sale. On March 24, 2020, the Department of Finance announced several measures intended to assist property owners with their tax payments amidst the COVID-19 outbreak. With unprecedented unemployment rates, many throughout the city will have difficulty paying their taxes come the close of the fiscal quarter and going forward. Each of the following programs is … <Read More>
New York City Adding and Converting Facilities to Alleviate Pressure on Hospital System
USNS Comfort and Billie Jean King Tennis Center to be utilized as Corona outbreak strains hospital system. On March 31. 2020, Mayor Bill de Blasio announced the Billie Jean King Tennis Center in Flushing Meadow, Queens will be converted into a temporary hospital facility. The facility will hold up to 350 patients and will treat COVID non ICU patients beginning on April 7th, 2020. The conversion of this facility is intended to relieve … <Read More>
Mayor Announces Passage of New Energy Code
The new code aims to improve energy efficiency for new and existing buildings as part of its Green New Deal. On February 27, 2020, Mayor Bill de Blasio announced the passage of a new law that will update the existing energy code citywide in the fight against global warming. Buildings are one of the city’s greatest emitters of carbon and older buildings tend to be less energy efficient. The city is taking an aggressive approach … <Read More>