The program will create studio to four bedroom homes for low income and formerly homeless individuals. On March 4, 2019, the Department of Housing Preservation and Development (HPD) announced plans to develop 167 affordable units on City-owned land in East New York. The program is being developed by a team led by Thorobird Companies along with nonprofit partner Bangladeshi American Community Development and Youth Services (BACDYS) and will have a unique modular design to hold … <Read More>
Uncategorized
HPD Proposes to Implement Extension of Existing 421-a Affordable Housing Tax Abatement Program
The “421-a Extended Affordability Program Rules” would provide a 10 to 15 year extension to eligible buildings enrolled in the program prior to its expiration. On March 14, 2016, the Department of Housing Preservation and Development proposed two agency rules to extend the 421-a real property tax exemption program for those who already had been benefiting from the program prior to its expiration in June 2015. The State authorized HPD to promulgate the new rules … <Read More>
New Affordable Housing for Artists Open for Application
Former public school has been transformed into affordable housing complex for artists. Artspace P.S. 109 is a 90-unit affordable housing complex that formerly served as an underutilized school building located in 215 East 99th Street in East Harlem, Manhattan. P.S 109 is an 1898 Gothic Revival-style structure that is also listed on the National Register of Historic Places.
Landmarks approved Tavern on the Green’s renovations
The City will renovate and restore 1871 building with eye toward casual restaurant. On February 21, 2012, Landmarks approved the City’s renovation plan for the landmarked Tavern on the Green restaurant on the west side of Central Park near West 65th Street. The Victorian Gothic building was built in 1871 as a sheepfold. It was converted into a restaurant … <Read More>
New manufacturing district created for Midtown
New zoning district created to protect existing commercial uses will also facilitate private developer’s mixed-use project. On September 21, 2011, the City Council approved the Department of City Planning’s proposal to create the new M1- 6D manufacturing zoning district. The Council also approved an accompanying proposal by Edison Properties to apply the new M1-6D district to the mid-block portions of two blocks bounded by West 28th and West 30th Streets and Seventh and Eighth Avenues… <Read More>
City gains control over Governors Island
City-controlled operating entity will be responsible for implementing island’s recently released redevelopment master plan. On April 11, 2010, the City and State announced an agreement that would transfer to the City primary responsibility for operating Governors Island and for implementing the development goals of the Governors Island Park and Public Space Master Plan. The … <Read More>