The Vision Document represents the first effort by the City and the Brooklyn community to solely focus on Broadway Junction. On August 15, 2019, Council Member Rafael L. Espinal, Brooklyn Borough President Eric L. Adams, and the New York City Economic Development Corporation (NYCEDC) commissioned a Vision Document, Broadway Junction: Vision for the Future that serves as a guide to supporting the transformation of Broadway Junction in Brooklyn. The Vision Document is the first step … <Read More>
Search Results for: Bedford-Stuyvesant, Brooklyn
DCP Releases Storefront Vacancy Report
The causes of vacancies vary due to differences in local economies and other community characteristics. On August 8, 2019, the Department of City Planning released “Assessing Storefront Vacancy in NYC”, a report which examines retail patterns and storefront vacancies across 24 different neighborhood shopping corridors around the city.
Mayor de Blasio Announces Citi Bike Expansion Throughout All Boroughs
The Citi Bike expansion will double the current service area by 35 square miles and triple the number of bikes to 40,000. On July 16, 2019, the de Blasio Administration announced Citi Bike’s expansion. Last November, Lyft entered into an agreement with the City to invest $100 million in Citi Bike, which will double the size of Citi Bike’s service area and triple the number of bikes in the program. The expansion will take … <Read More>
Comptroller Report Finds Airbnb Usage Contributed to High Rent Problem
On April 2018, New York City Comptroller Scott M. Stringer issued a report on the impact of Airbnb on City rents. The report looked at how the home-sharing company impacted rent in the City over the period of 2009 to 2016. The report found that rental rates increases during this time period can be attributed to Airbnb.
Ten NYCHA Developments To Receive New Rat Extermination Plan
De Blasio Administration will focus on reducing rat population through different extermination measures. On April 17, 2018, Mayor Bill de Blasio announced a new rat extermination plan for the NYCHA’s ten most rat-infested developments. The extermination plan is part of the Mayor’s $32 million Neighborhood Rat Reduction Program to reduce rat populations in the most infested City neighborhoods: Grand Concourse in the Bronx, Chinatown, East Village, and Lower East Side in Manhattan, and Bushwick and … <Read More>
Expecting to Meet Goals Two Years Ahead of Schedule, Mayor de Blasio Expands the Housing Plan Objectives
The de Blasio administration increases goal to building and preserving 300,000 affordable units by 2026. On October 24, 2017, Mayor Bill de Blasio announced that the administration is on track with meeting the goal of 200,000 units and is expected to meet the goal by 2022, two years ahead of the 2014 plan’s original date. Using the City’s new tools, programs and funding, the City will work to secure 25,000 affordable units annually by 2021. … <Read More>