UPDATE: On May 10, 2017, the City Council voted 49-0 approve the new legislation. The new law, sponsored by Council Members Vincent Gentile and Jumaane Williams, increases the minimum civil penalty for immediate hazardous illegal conversions to $15,000 fine for each dwelling unit beyond the number that are legally authorized. The legislation was proposed after a two-alarm fire in an illegally converted unit in East Flatbush, Brooklyn killed one person, injured five more, and … <Read More>
Search Results for: Affordable Housing
City Council Committees Approve Pier 40 Transfer of Development Rights
Zoning Subcommittee and Land Use Committee approve brokered rezoning and development rights transfer at St. John’s Terminal in Manhattan’s Greenwich Village. On December 6, 2016, two City Council committees approved a land use application to develop the aging St. John’s Terminal which is located across West Street from Pier 40 and just north of the Holland Tunnel. The approval will allow the transfer of $100 million of air rights from Pier 40 to the 1.7 … <Read More>
Council Subcommittee Approves East New York Rezoning Plan with Modifications
The modified East New York Rezoning includes such deep levels of affordability that Council Members referred to the rezoning plan as a “unicorn,” though all hope to use it as an example for future rezonings. On April 14, 2016, the City Council Subcommittee on Zoning and Franchises and Committee on Land Use held back-to-back meetings on the Department of City Planning’s East New York Rezoning Plan, which would affect the greater East New York area … <Read More>
Rent Guidelines Board Holds Rents at Current Levels
Freeze vote first of its kind in Board history, applies to one-year leases in rent-regulated units. On June 29, 2015 the Rent Guidelines Board voted 7-2 to not increase rents on one-year leases, affecting 1.2 million tenants of New York City’s rent-regulated apartments. The vote marked the first occasion where the Board decided to freeze rents. The Board’s vote also increased rents on two-year leases by 2 percent, a historically-low rate. The new rents will … <Read More>
Zoning Subcommittee Holds Hearing on Ladies’ Mile Residential Tower [UPDATE: Subcommittee Modifies, Approves Tower]
The proposed building would be located in a commercial district on a present-day parking lot. On April 23, 2015 the City Council Subcommitee on Zoning and Franchises held a public hearing on 39 West 23rd Street, LLC’s proposal for a residential tower at 39-41 West 23rd Street in the Ladies’ Mile Historic District of Manhattan. The proposal would build the tower, made of two building segments reaching a maximum height of 278 feet, on a … <Read More>
Zoning Subcommittee Hears Proposal for New Through-Block Residential Building
The fifteen-story building would be built over an open rail cut in the Special Clinton District. On March 24, 2015, the City Council Subcommittee on Zoning and Franchises heard a proposal by 1818 Nadlan LLC to construct a new fifteen-story residential building at 505 West 43rd Street in the Special Clinton District of Hell’s Kitchen, Manhattan. The proposed building would consist of two segments, one fronting on West 43rd Street and the other fronting on … <Read More>