City Breaks Ground on New Phase of Affordable Housing Development in Hunts Point

On November 29, 2023, the Department of Housing Preservation and Development, the New York City Housing Development Corporation, and the New York City Economic Development Corporation joined the development team to celebrate the groundbreaking of the next phase of the Peninsula, a 100 percent affordable housing mixed-use campus in the Hunts Point section of the Bronx. The development team included Gilbane Development Company, Hudson Companies, MHANY Management Inc, and Wells Fargo.  


City Planning Hears Application for Mixed-Use Commercial, Manufacturing and Residential Development in Crown Heights

On November 15, 2023, the City Planning Commission held a public hearing for a rezoning application at  962 Pacific Street in Crown Heights. The applicant seeks to rezone the lot bound by Pacific Street to the north, Classon Avenue to the east, Dean Street to the south, and Grand Avenue to the west. The rezoning would enable the development of a mixed-use residential, commercial, and community space. The proposed site is currently a vacant lot.



Governor Celebrates Opening of 96-Unit All-Electric Affordable Housing Development in Fordham Heights

On November 3, 2023, Governor Kathy Hochul announced the completion of a new all-electric affordable and supportive housing development in the Fordham Heights neighborhood of the Bronx. The housing development, named the 2050 Grand Concourse, was awarded funding from the State’s Buildings of Excellence Competition. The aim of the Competition was to advance zero-carbon multifamily buildings in the State.


City Announces $4.2 Million Won in Settlement of Three Lawsuits Against Landlord

On October 26, 2023, Mayor Eric Adams announced that the city has now won around $4.2 million in three lawsuits against Daniel Ohebshalom, a/k/a Daniel Shalom, and his affiliates. This week, the Mayor’s Office of Special Enforcement (OSE) won $1.1 million in payments of penalties and fines from a settlement agreement. The city had sued Ohebshalom alleging that he was engaging in tenant harassment and illegal short-term rentals in three buildings in Midtown and Hell’s … <Read More>