NYCHA Chairwoman Shola Olatoye answered questions on the Triboro Preservation Partners agreement. On February 10, 2015 the City Council Committee on Public Housing held an oversight hearing on Triborough Preservation Partners, a public-private agreement between the New York City Housing Authority, L+M Development Partners, and BFC Partners. The venture was designed to rehabilitate six of NYCHA’s Section 8 properties containing nine hundred units: Bronxchester Houses, Saratoga Square, Campos Plaza, Milbank-Frawley, East 4th … <Read More>
City Council
City Council Holds Oversight Hearing on 421-a Program
HPD Commissioner Been, others testify on effectiveness of the program. On January 29, 2015 the City Council Committee on Housing and Buildings held an oversight hearing on the 421-a tax benefit program. The program, established in 1971 by the New York State Legislature, was designed to spur residential development of underused land by granting a property tax reduction to developers for a period of ten to twenty-five years, with an objective of increasing affordable housing … <Read More>
City Council Holds Oversight Hearing on Short-Term Rentals
Eight-hour hearing covered testimony from supporters and opponents of short-term rental businesses. On January 20, 2015, the City Council Committee on Housing and Buildings held an oversight hearing on the effects of short-term rentals on New York City’s economy and neighborhoods. Over the course of eight hours, the committee heard testimony from independent tenants, representatives from the Mayor’s Office of Special Enforcement, the home-sharing website Airbnb, owners of local bed-and-breakfasts, and members of … <Read More>
Council Subcommittee Approves Expansion of the Special West Chelsea District [UPDATE: City Council Approves Expansion]
Proposal extends Special District bulk regulations and clarifies language in the zoning text. On January 13, 2015 the City Council Subcommittee on Zoning and Franchises voted to approve the expansion of the Special West Chelsea District. The proposal was designed by the Department of City Planning and Manhattan Community Board 4 to expand the district by one partial block between West 15th Street to the north, West 14th Street to the south, 9th Avenue to … <Read More>
Zoning Subcommittee Approves Sollazzo Plaza
Approval permits demolition of old farmhouse to make way for a shopping center. On December 15, 2014 the City Council Subcommittee on Zoning and Franchises voted unanimously to approve rezoning for portions of a block to permit the construction of a retail shopping center. The rezoned portion is bounded by Forest Avenue to the north, Monsey Place to the south, Richmond Avenue to the east, and P.S. 22 to the west.
City Council Holds Oversight Hearing on Mayor’s Affordable Housing Plan
HPD, City Planning, NYCHA among those who answered questions on the results and direction of Mayor Bill de Blasio’s plan. On November 17, 2014, the City Council Committee on Housing and Buildings, joined by the Committee on Land Use and Committee on Community Development, held an oversight hearing on Housing New York, Mayor Bill de Blasio’s affordable housing plan. The Council heard testimony over the course of seven hours from Housing Preservation and Development … <Read More>