The former HPD Commissioner will continue to work on affordability and economic opportunities for the City. On April 4, 2019, Mayor Bill de Blasio announced the appointment of former Department of Housing and Preservation Commissioner Vicki Been as the new Deputy Mayor for Housing and Economic Development. She succeeded Alicia Glen, who served in the position for five years.
Search Results for: Development
Ten NYCHA Developments To Receive New Rat Extermination Plan
De Blasio Administration will focus on reducing rat population through different extermination measures. On April 17, 2018, Mayor Bill de Blasio announced a new rat extermination plan for the NYCHA’s ten most rat-infested developments. The extermination plan is part of the Mayor’s $32 million Neighborhood Rat Reduction Program to reduce rat populations in the most infested City neighborhoods: Grand Concourse in the Bronx, Chinatown, East Village, and Lower East Side in Manhattan, and Bushwick and … <Read More>
Mayor Announces $50 Million Redevelopment of Orchard Beach Pavilion
Elected officials announced new investment into Bronx beach pavilion reconstruction. On May 26, 2017, Mayor Bill de Blasio, alongside Parks Commissioner Mitchell Silver, Assembly Speaker Carl Heastie, and Bronx Borough President Ruben Diaz Jr., announced a $50 million investment to redevelop the Bronx’s Orchard Beach pavilion in Pelham Bay Park. The money would go to restore the currently closed pavilion. The Mayor has committed $20 million in capital funding, and $10 million has been committed … <Read More>
City Council Rejects Proposed Rezoning of Inwood Site Needed for New Development with 50 Percent Affordable Housing
City Council rejected the first private application of Mandatory Inclusionary Housing. On August 16, 2016, the City Council rejected a proposal to rezone a large corner lot in order to construct a new mixed-use development located at 4650 Broadway in Manhattan’s Inwood neighborhood. Currently a two-story commercial building operating as a parking garage and U-Haul truck rental facility occupies the site. The original proposal from the developer, Acadia Sherman Avenue LLC, was to build a … <Read More>
Financing Approved for Affordable Housing Developments
HDC approves the financing to fund 2,226 units of affordable housing. On June 16, 2014, the Board of Directors of the New York City Housing Development Corporation approved the financing for projects in Manhattan, the Bronx, and Brooklyn which will consist of $2756 million in bonds and $88.7 million in subordinate financing for HDC. The money will be used to construct eleven new buildings with 1,259 affordable housing units and preserve and protect seven projects … <Read More>
Mayor Announces FY20 Affordable Housing Statistics
Mayor’s affordable housing announcement appears more retrospective than optimistic. On August 5, 2020, The Mayor’s Press Office released a statement touting the amount of affordable housing created in fiscal year 2020. The announcement states that the City preserved 23,520 homes and constructed 6,503 new units, totaling 30,023 affordable City financed homes. More than 50 percent of these homes serve families earning less than $52,000 and 3,600 people received voucher increases to ameliorate income lost from … <Read More>