On February 8, 2024, the Department of Housing Preservation and Development announced the initial results of the latest New York City Housing and Vacancy Survey (NYCHVS). The survey is the official source of the net rental vacancy rate which is used to show the ongoing need for rent control and rent stabilization. The survey is run approximately every three years and done in partnership with the U.S. Census Bureau since 1965. It is the longest-running … <Read More>
On January 31, 2024, the New York City Department of Housing Preservation and Development (HPD) announced that Apex Building Group and Bridge Street Development Corporation will be building 116 homes for low-income families at 516 Bergen Street in Prospect Heights, Brooklyn. The announcement comes in light of Mayor Adams’ push for affordable housing advancements on publicly owned land. Mayor Adam’s 24 in 24 plan is seeking to create or preserve around 12,000 units of housing … <Read More>
On January 29, 2024, the Department of Housing Preservation and Development began a month-long effort to advance affordable housing projects on public sites citywide as part of Mayor Eric Adams’ “24 in 24” plan. The plan, announced in his State of the City address, aims to advance 24 affordable housing projects on public sites in 2024 to create or preserve over 12,000 affordable units. The first site is currently an unused city-owned parking lot on … <Read More>
On January 10, 2024, the New York City Department Housing Preservation and Development (HPD) announced that they obtained civil penalties amounting to $150,000 against Ezriel Weinberger and affiliates for their failure to comply with lead-based paint laws across ten properties. These penalties concern lead-based paint offenses in over 790 units located across the Bronx and Manhattan. Each property incurred fines of $15,000.
On December 18, 2023, the Department of Housing Preservation and Development and project partners announced a plan to transform the former JFK Hilton Hotel into permanently affordable housing. The project, Baisley Pond Park Residence, will provide housing for low-income and formerly homeless New Yorkers in South Jamaica, Queens.
On December 18, 2023, the Department of Housing Preservation and Development and the Department of Social Services announced the start of a new pilot program that helps New Yorkers move out of shelters and into renovated rent-stabilized apartments. The program, Unlocking Doors, is now accepting applications from owners of rent-stabilized buildings with rental units that need repairs.