Community members voiced concerns about infrastructure and affordability for the proposed addition of almost 500 units. On September 17, 2018, the City Council Subcommittee on Zoning and Franchises heard an application by the Department of Housing Preservation and Development (HPD) and the Department of Citywide Administrative Services (DCAS) for a proposed two-building mixed-use, mixed-income project on Jackson Avenue in Long Island City, Queens. The developers, Lions Group NYC, and Fetner Properties, also applied … <Read More>
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REBNY Allowed To Sue City Over Hotel Conversion Law
New law would hinder hotel conversions to residential use. On June 2, 2015, New York City adopted Local Law 50, placing a prohibition on owners of hotels with 150 or more sleeping units from converting more than 20 percent of their hotel space to full-time residential uses. The law is based on City findings that such conversions were adversely impacting the City’s multi-billion-dollar tourism industry, as well as hotel employment. The purpose of the prohibition … <Read More>
669 Affordable Units Preserved in New York City Neighborhoods
Preservation of Section 8 properties will prevent conversion to market-rate housing. On August 15, 2018, the Housing Preservation and Development, the Housing Development Corporation, and the LIHC Investment Group announced the preservation of 669 units of project-based Section 8 housing in high-cost City neighborhoods where similar buildings have been converted to market-rate housing.
City Council Approves Inwood Neighborhood Rezoning Despite Residents Disapproval
On August 8, 2018, the City Council approved the Inwood Neighborhood Rezoning amidst resident concerns and disapproval. Mayor Bill de Blasio and Council Member Ydanis Rodriguez celebrated the rezoning approval. The rezoning was developed over the course of three years and affects 59 city blocks in the northern Manhattan neighborhood. The Economic Development Corporation, together with the Department of Housing Preservation and Development, the Department of Citywide Administrative Services, and the Department of Small Business … <Read More>
City To Streamline Rental Assistance Programs
Old rental assistance programs will be combined into one. On July 18, 2018, the de Blasio Administration announced the new City Fighting Homelessness & Eviction Prevention Supplement (CityFHEPS) program, which will replace the Living in Communities, the Special Exit and Prevention Supplement, and the City Family Eviction Prevention and Exit Plan Supplements programs, creating one unified rental assistance program. The new CityFHEPS program will simplify the rental assistance process making it easier for New Yorkers … <Read More>