The proposed mixed-use development looks to activate vacant land near the Halsey Street Subway station. On August 17, 2020, the City Planning Commission held a remote public hearing on a City application that would facilitate the construction of an eight-story mixed use development in the Ocean Hill neighborhood of Brooklyn. The site is currently a vacant, trapezoidal block situated mainly along Broadway to the northeast, Hancock Street to the southeast, and Saratoga Ave to the … <Read More>
Search Results for: City property acquisition
HPD Announces Program To Allocate Funds to Nonprofits for Vacant Property Development
The City estimates the program will assist in the acquisition of approximately 35 vacant sites over the next five years. On March 8, 2019, the New York City Department of Housing Preservation and Development announced a new program to advance the process for affordable housing development by providing loans for upfront costs to nonprofit developers. The New York City Down Payment Assistance Fund (DPAF) seeks to speed up the development process for affordable housing by … <Read More>
Development Will Add Eight Affordable Units in Melrose
New development on current vacant lot will include eight affordable units and ground floor commercial space. On September 5, 2018, the City Planning Commission held a public hearing on an application by the Department of Housing Preservation and Development (HPD) for the acquisition of property at 599 Courtlandt Street in the Melrose section of the Bronx. The property is located between East 150th and East 151st Streets. The applicants plan to build a … <Read More>