The City Planning Commission approved the construction of 70 new affordable and supportive units in Brooklyn’s Brownsville neighborhood. On March 8, 2017, the City Planning Commission issued a favorable report on an application by the Department of Housing Preservation and Development to designate the properties at 210–214 Hegeman Avenue as an Urban Development Action Area and Project, and for the disposition of the lots. The designation and sale would facilitate the construction of an eight-story, … <Read More>
Brownsville
City Council Approves Tax Exemption to Preserve Affordable Housing
Dean Atlantic HDFC received property tax exemption for seven buildings. On August 21, 2014, the City Council voted 47-0 to approve an Article XI property tax exemption on seven buildings owned by the Dean Atlantic Housing Development Finance Corporation. The Department of Housing Preservation and Development requested the exemption from the City Council on Dean Atlantic’s behalf. The buildings are all in Brooklyn Community Board 16, covering the Ocean Hill and Brownsville communities. Six … <Read More>