City Council Holds Hearing to Address Deed Fraud Crisis

Proposed legislation would include requirements to provide information about how to respond to suspected deed fraud. On October 13, 2020, the City Council Committee of Housing and Buildings and the Committee on Finance held an oversight hearing examining the City’s deed theft and deed fraud crisis, and discussed two bills and a resolution aimed at combatting deed theft: Int 1913, Int 1919, and Res 1427.





RFP Issued to Develop Climate Solutions Work Hub on Governors Island

The center would be a part of advancing the City’s Recovery Agenda. On October 21, 2020, Mayor de Blasio and the Trust for Governors Island issued a request for proposals to develop a hub for businesses and non-profits working on the climate and the environment in Building 301 – a historic waterfront building located on the Northern section of Governors Island. This project is an early step to establish Governors Island as a leading center … <Read More>


City Shifts Funding to Address Urgent Affordable Housing Needs

$466 million moved back into the 2021 Fiscal Year’s capital budget. On October 22, 2020, Mayor Bill de Blasio announced the acceleration of capital funding within the City’s affordable housing plan by shifting $466 million to the current fiscal year’s capital budget to address urgent affordable housing needs. In March, the City moved $466 million from the Department of Housing Preservation and Developments Fiscal Year 2021 budget to the Fiscal Years 2022 through 2024. However, … <Read More>