City to slate $1 billion in City capital for the replacement of over 700 deteriorating roofs in next decade. On January 24, 2017, Mayor Bill de Blasio and New York City Housing Authority Chair Shola Olatoye announced a capital commitment of $1 billion to replace deteriorating roofs on buildings owned by the NYCHA over the next 10 years. The Mayor had previously committed $300 million in 2015 over three years. The $1.3 billion is expected … <Read More>
Author: Jonathon Sizemore
Commissioners Find Application Much Improved After Revisions, but Still in Need of Further Refinement
Changes made to controversial Jane Street development included the replacement of glass and cast stone with red brick and concrete panels. On January 17, 2017, the Landmarks Preservation Commission considered a revised proposal to replace a 1921 garage building at 11 Jane Street in the Greenwich Village Historic District with a new residential structure. The applicants proposed to replace the two-story garage with a building rising to five stories at the streetwall, with a … <Read More>
Property Tax Lien Sale Program Extended by City Council
The City’s Lien Sale Program has been extended another four years with some minor modifications. A lien is a legal claim against a property for unpaid property taxes, water, sewer or other property charges. When the property owner has been delinquent for a specified period of time, the City is allowed to sell the liens to an authorized third party. The new purchaser then has the authority to collect the money that was previously owed … <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>
Schneiderman Announces Three-Quarter House Scheme Indictments
A rehabilitation provider and three-quarter house operators were indicted for three-year Medicaid fraud scheme in Brooklyn, and their other properties frozen. On January 13, 2017, New York State Attorney General Eric T. Schneiderman announced the indictment and arraignment of attorney Anthony Cornachio, as well as the NRI Group, LLC and Canarsie A.W.A.R.E., Inc., both Medicaid-enrolled drug treatment programs companies controlled by Cornachio. Also indicted were three-quarter housing operators Yury Baumblit and Rimma Baumblit, of Brooklyn … <Read More>