Owner Faulted on Luxury Decontrol of East Village Apartment

East Village landlord improperly deregulated luxury apartment while receiving a City J-51 tax benefit. Until 1999, apartment 5M at 187 East 4th Street in Manhattan’s East Village was a rent-stabilized unit with a rent of $1,464 per month. When the apartment became vacant the owner, 72A Realty Associates L.P., installed new windows, closets, cabinets, countertops and other improvements totaling over $18,000 in costs. Based on the improvements, the owner obtained a J-51 real property tax … <Read More>


Commission Addresses Demolition of Fire-Damaged Individually Landmarked Synagogue

Commissioners allowed demolition to proceed, but mandated that any material that can be retained or salvaged must be preserved. On July 12, 2017, Landmarks decided on application filed by the owners of the Beth Hamerdash Hagodol Synagogue, an individual City landmark, at 60 Norfolk Street on the Lower East Side.  The building was severely damaged by a fire in May of 2017, believed to have been set by a teenage arsonist who gained access … <Read More>


City Officials Agree to Tougher 421-a Enforcement

421-a enforcementThe City Council, Public Advocate and administration officials agree that new measures should be taken to ensure 421-a compliance, proposed legislation is a good start. On November 22, 2016, the City Council’s Committee on Housing and Buildings and Committee on Finance held a joint hearing on the City’s enforcement of 421-a requirements. The meeting also served as a public hearing for three proposed bills to strengthen enforcement efforts.


City Planning Commission Holds Hearing on East Houston Street Rezoning

The proposed rezoning would facilitate the development of a mixed-use building where an unoccupied, deteriorating building currently stands. On June 8th, 2016, the City Planning Commission held a public hearing on an application to amend the City’s zoning map to facilitate the construction of a 13-story mixed-use building at 255 Houston Street, located on the Lower East Side in Manhattan.


Center for NYC Neighborhoods Hosts Panel on Affordable Homeownership

The keynote panel focused on the issues and challenges raised by affordable housing creation and preservation in New York City.  On September 30, 2015, the Center for NYC Neighborhoods held its conference on the Future of Affordable Homeownership in NYC.  The event was hosted at New York Law School and sponsored by NYLS, JPMorgan Chase, Goldman Sachs, the Center for Real Estate Studies, the Center for New York City Law, and several other … <Read More>


The East Midtown Rezoning and the Future of New York City

(Economic) Heart Trouble

More than 30 years after its last major zoning change, the economic heart of New York City merits a checkup. According to City planners, the prognosis for East Midtown is not good: an aging office stock, a congested pedestrian network, global competition, and the lack of new office development threaten to undermine the economic competitiveness of the City. The cure, proposed by the Bloomberg Administration, is a rezoning of 78 blocks of … <Read More>