Rendering of proposed 14-story development at 1921 Atlantic Avenue, Brooklyn. Image Credit: CPC.
The project will be financed under an HPD program that requires low and extremely low income affordability and set-asides for the formerly homeless. On March 27, 2019, the City Planning Commission voted to approve an application that will bring a 14-story affordable mixed-use development with 235 residential units to 1921 Atlantic Avenue in the Bedford/Stuyvesant neighborhood of Brooklyn. The application was brought by the Department of Housing Preservation and Development in conjunction with DTF Atlantic, a joint venture between two developers, Dabar Development Partners and Thorobird Companies. City Planning held a public hearing on the application on February 27, 2019. (read more…)
Image Credit: NYC HPD
The City estimates the program will assist in the acquisition of approximately 35 vacant sites over the next five years. On March 8, 2019, the New York City Department of Housing Preservation and Development announced a new program to advance the process for affordable housing development by providing loans for upfront costs to nonprofit developers. The New York City Down Payment Assistance Fund (DPAF) seeks to speed up the development process for affordable housing by providing funds to nonprofit developers that compete for the acquisition of vacant sites to build supportive and affordable housing. The program will provide flexible down payment loans to pre-qualified applicants. (read more…)
City and state officials are concerned that a bankruptcy suit involving 444 East 13th Street will lead to bad precedent undermining rent stabilization laws. (Image Credit: Google Maps)
Government officials fear bad precedent could make it easier for landlords to bypass rent stabilization laws. On March 13, 2019, New York Attorney General Letitia James, the New York State Division of Housing and Community Renewal (NYSHCR) and the New York City Department of Housing Preservation and Development (HPD) announced that the State and City moved to join in an action in United States Bankruptcy Court for the Southern District of New York as part of a fight to protect tenants in rent-stabilized apartments. The owner of 444 East 13th Street, in the East Village section of Manhattan, applied to reject tenants’ leases. (read more…)
107 West 122nd Street, Manhattan. Image Credit: CityLaw.
Owner of Manhattan brownstone sought to convert a single room occupancy building. Nicole and Clinton Simpson own a single non-occupancy building located at 107 West 122nd Street in Manhattan. The Simpsons purchased the building in September 2016 from the prior owner, who had owned the building from 2007-2016. The Simpsons applied to the Department of Housing Preservation and Development for a certificate of no harassment, a requirement which must be satisfied before the owner can obtain building permits needed to alter the structure. (read more…)
Mayor Bill de Blasio. Image Credit: Benjamin Kanter/Mayoral Photo Office.
The new affordable housing is part of the de Blasio Administration’s efforts to end cluster site program. On December 4, 2018, Mayor Bill de Blasio announced the progress made by the City for the acquisition and conversion of nearly 500 cluster units across 17 buildings into permanently affordable housing. The City’s plan is part of the administration’s initiative to address the homelessness crisis in New York City and is projected to provide housing for over 1,000 New Yorkers. (read more…)
Rendering of proposed buildings at 204 Avenue A (left) and 535 East 12th Street (right) in East Village, Manhattan. Image Credit: CPC.
Approval of the proposed project will provide housing to families that have been displaced for over ten years. On December 5, 2018, the City Planning Commission heard an application that would allow for the demolition of existing buildings on two City-owned lots and development of ten co-operative units at 204 Avenue A and eleven one-bedroom rental units at 535 East 12th Street in Manhattan. The lots are located on the same block in the East Village, bounded by Avenue A, East 12th Street, East 13th Street, and Avenue B. To facilitate the proposed development, the applicant team requested approval for the disposition of the City-owned lots and designation and approval of the lots as an Urban Development Action Area Project. The application was brought by the Department of Housing Preservation and Development, along with the selected developer for the project, Juan Barahona of SMJ Development. (read more…)
