City Planning Holds Hearing on 11-Story Middle-Income Building in Bedford-Stuyvesant

Planning Commission holds hearing for new 11-story mixed-use building with 103 units in Bedford-Stuyvesant neighborhood. On June 21, 2017, the New York City Planning Commission held a public hearing on an application for multiple land use actions to facilitate the development of an 11-story mixed-use building consisting of 71,417 square feet of residential floor area and 13,236 square feet of retail floor area. The applicant, the Department of Housing Preservation and Development, proposed that the … <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 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>


Center for NYC Neighborhoods Hosts Panel on Affordable Homeownership

The keynote panel focused on the issues and challenges raised by affordable housing creation and preservation in New York City.  On September 30, 2015, the Center for NYC Neighborhoods held its conference on the Future of Affordable Homeownership in NYC.  The event was hosted at New York Law School and sponsored by NYLS, JPMorgan Chase, Goldman Sachs, the Center for Real Estate Studies, the Center for New York City Law, and several other … <Read More>


City Council Holds Oversight Hearing on Mayor’s Affordable Housing Plan

HPD, City Planning, NYCHA among those who answered questions on the results and direction of Mayor Bill de Blasio’s plan.  On November 17, 2014, the City Council Committee on Housing and Buildings, joined by the Committee on Land Use and Committee on Community Development, held an oversight hearing on Housing New York, Mayor Bill de Blasio’s affordable housing plan. The Council heard testimony over the course of seven hours from Housing Preservation and Development … <Read More>


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>