New Law Reduces Building Costs for Small Homeowners

Costs for new developments and alterations are adjusted for the first time since 1991 to reflect equitable fee structure. On May 10, 2016, Mayor Bill de Blasio signed Local Law 56, which will alter building construction permit filing fees. Local Law 56, previously City Council Introduction 831, was introduced by Council Member Jumaane Williams at the request of the Mayor in June of 2015, and passed on April 20, 2016, to provide for a … <Read More>


De Blasio and Union Agree on New Work Schedules and Fair Wages for NYCHA Maintenance Workers

The agreement will result in more frequent maintenance services and repairs, benefitting nearly 400,000 NYCHA residents. On April 9, 2019, Mayor Bill de Blasio and Teamsters Local 237 President Greg Floyd announced that the City has reached an agreement for a tentative contract with the union for fair wages and work schedules for maintenance workers. The agreement secures fair wages for approximately 1,000 NYCHA maintenance workers and approximately 350 maintenance workers at various other City … <Read More>


Mayor Announces Long Island City Chosen to House New Amazon Headquarters

The project will bring tens of thousands of new jobs, billions in tax revenue, and investment in infrastructure, City says. On November 13, 2018, Mayor Bill de Blasio and Governor Andrew M. Cuomo announced that Amazon has selected Long Island City, Queens for one of its two new corporate headquarters. The City has been steadily increasing investment into Long Island City, with more than $2.4 billion of planned infrastructure investments and a recently announced $180 … <Read More>


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>


New JPMorgan Chase State-of-the-Art Headquarters to Rise At 270 Park Ave

JPMorgan Chase intends to pursue building a new 2.5 million-square-foot headquarters at its 270 Park Avenue location. On February 21, 2018, Mayor Bill de Blasio and JP Morgan Chase Chairman and CEO Jamie Dimon announced the construction of a new 2.5 million-square-foot headquarters at its 270 Park Avenue location in Manhattan, which will be the first project under the City’s innovative East Midtown Rezoning plan passed in 2017. Under the East Midtown rezoning, JPMorgan Chase … <Read More>


Brooklyn Navy Yard’s Building 77 Opens After $185 Million Renovation

The building is expected to expand the City’s manufacturing industry and create more middle class jobs. On November 9, 2017, Mayor Bill de Blasio opened Building 77, one of the central buildings within the Brooklyn Navy Yard Industrial Park. The building and its $185 million renovation is a part of a billion dollar investment financed by Brooklyn Navy Yard Development Corporation, the Mayoral City Capital, the City Council, and the Brooklyn <Read More>