City Council no Longer a Rubber Stamp on Zoning Proposals

Panel of City Officials and industry leaders discussed NYC zoning and recent developments like Mandatory Inclusionary Housing and Zoning for Quality and Affordability. On November 30, 2016, the Center for Real Estate Studies hosted a the breakfast forum, “Celebrating 100 Years of NYC Zoning: Setting the Future Agenda for Developers and Policy Makers.” Ross Moskowitz, a Partner at Stroock & Stroock & Lavan LLP, moderated a panel consisting of Commissioner Vicki Been, from the Department … <Read More>


City Council Hears Testimony on Mayor de Blasio’s East New York Rezoning Proposal

Council Members expressed concern-ridden comments on the proposal’s plans for neighborhood job programs and the proposed housing’s lack of deep affordability levels.  On March 7, 2016, the New York City Council Subcommittee on Zoning and Franchises held a public hearing on the East New York Community Plan. If approved, the Plan would make East New York, and portions of Cypress Hills and Ocean Hill, located in Brooklyn, the first area to be rezoned under Mayor … <Read More>



City Housing Commissioner Steps Down After Three Years of Progress

Vicki Been stepped down as Commissioner of the Department of Housing Preservation and Development to return to academia. On January 17, 2017, Mayor Bill de Blasio announced that Commissioner Vicki Been would step down to return to teaching at New York University as the Boxer Family Professor of Law and Faculty Director of the Furman Center. Prior to her appointment, Been served as the Director of NYU’s Furman Center for Real Estate and Urban Policy, … <Read More>


City Council Subcommittee Holds Hearing on Mayor’s Mandatory Inclusionary Housing Proposal

Hard-hitting questions from several Council members explored ways affordable housing could be provided at deeper levels of affordability.  On February 9, 2016, the City Council Subcommittee on Zoning and Franchises held a public hearing on Mayor Bill de Blasio’s Mandatory Inclusionary Housing proposal.  The hearing was held in the City Council Chambers in City Hall to accommodate the capacity audience.


City Council Holds Oversight Hearing on 421-a Program

HPD Commissioner Been, others testify on effectiveness of the program.  On January 29, 2015 the City Council Committee on Housing and Buildings held an oversight hearing on the 421-a tax benefit program. The program, established in 1971 by the New York State Legislature, was designed to spur residential development of underused land by granting a property tax reduction to developers for a period of ten to twenty-five years, with an objective of increasing affordable housing … <Read More>