NYC EDC and Elected Officials Announce $2.7 Million Renovation of Moore Street Market

$2.7 Million in renovations to enhance facilities at one of Brooklyn’s oldest public markets. On August 20, 2019, New York City Economic Development Corporation (NYCEDC), Council Member Antonio Reynoso and Brooklyn Borough President Eric L. Adams announced $2.7 million dollars of improvements to enhance facilities at one of Brooklyn’s oldest public markets located on Moore Street.

City Planning Approves Bronx Waterfront Rezoning That Could Create Over 1,000 New Residential Units

The City Planning Commission approves the rezoning of five-acres on the waterfront of the Harlem River. On August 23, 2017, the City Planning Commission approved an application by the New York City Economic Development Corporation to establish a Special Harlem River Waterfront Subdistrict for future development in the Bronx. The application included the sale of city-owned property to the Development Corporation, a zoning map and text amendment, and a special permit to reduce parking requirements.

City Council Approves Downtown Far Rockaway Rezoning

City Council approved a 22-block rezoning of Downtown Far Rockaway, Queens. On September 7, 2017, the City Council approved a large-scale rezoning and development plan for Downtown Far Rockaway by a vote of 46-0. The resolutions will create a Special Downtown Far Rockaway district, a Mandatory Inclusionary Housing area, and an Urban Renewal Area. $288 million has been secured to grant amenities this community has been requesting for over 40 years.

Former Fish Market Building to be Dismantled, Reconstructed, Moved

The Tin Building will be elevated to bring it out of 100-year flood plain, and it will be restored to its market use as part of the larger Seaport development.  On March 22, 2016, the Landmarks Preservation Commission considered and approved a proposal to dismantle the Tin Building, built as part of the Fulton Fish Market in 1907, and move, restore and reconstruct the structure within the South Street Seaport Historic District. The building, … <Read More>

Pratt Center Study Outlines Solutions for Industrial Rezoning

Study discusses solutions for achieving the expansion of affordable housing without sacrificing high-paying industrial jobs. On May 8, 2015 the Pratt Center for Community Development released a study, “Making Room for Housing and Jobs”. The study analyzed the relationship between land use policies and the declining trend of industrial expansion across the city. The study also discussed the possible consequences of the Administration’s plans to add additional mixed-use districts which they hope … <Read More>

HPD Commissioner Been Addresses New Affordable Housing Initiatives

HPD will permit architect self-certification and expand M/WBE developer opportunities. On October 7, 2014, Commissioner Vicki Been of the NYC Housing Preservation and Development gave the keynote address to the annual luncheon of Women in Housing and Finance. Commissioner Been elaborated on and announced new HPD initiatives to advance Mayor Bill de Blasio’s affordable housing plan.