On February 16, 2024, the New York City Department of Housing Preservation and Development (HPD) announced that the city-owned parking lot at 351 Powers Avenue in the Bronx will be converted into “Powerhouse Apartments” and accompanied by a community theater. The apartments will be deeply affordable, and the theater will be housed in an electric powered building in Mott Haven. Lemle & Wolff Development Co., HELP Development Corp., and True Development New York, LLC will … <Read More>
Search Results for: City of Yes
HPD Launches Month-Long Affordable Housing Push with Over 500 Units Planned at Inwood Waterfront Site
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>
Small Business Advisory Commission Releases Report with Recommendations to Support Small Businesses
On June 30, 2023, the Department of Small Business Services (SBS) released the inaugural report of its New York City Small Business Advisory Commission (“SBAC”), highlighting eight recommendations to assist small businesses in New York City.
Mayor Announces “Get Stuff Built” Plan to Streamline Building and Land Use Processes
On December 8, 2022, Mayor Eric Adams unveiled New York City’s latest land use roadmap, Get Stuff Built, a complement to his City of Yes zoning proposals announced earlier this year. Get Stuff Built represents a collaborative effort among more than two dozen agencies serving on the Building and Land use Approval Streamlining Taskforce (BLAST), which held 18 working group sessions and four roundtable discussions with more than 50 external stakeholders. Designed to address … <Read More>
Zoning for Economic Opportunity Aims to Remove Zoning Obstacles for Certain Types of Businesses
On Wednesday, June 1, Mayor Eric Adams outlined his, “City of Yes” initiative. This initiative is the next phase of his, “Rebuild, Renew, Reinvent,” plan to stimulate recovery from the COVID-19 pandemic. “City of Yes,” is built around a series of three as-yet-unwritten zoning text amendments to modernize and simplify zoning resolutions to encourage business growth, stimulate housing creation, and reduce the city’s carbon footprint.
Mayor Announces Proposed Zoning Changes to Affordable Housing, Small Business Restrictions and Sustainability
The zoning text amendments are in development and will be drafted with input from stakeholders before undergoing public review later this year. On June 1, 2022, Mayor Eric Adams announced a plan for a series of new zoning text amendments and programs aimed at removing obstacles for the recovery of small businesses, increased affordable housing, and the expansion of green technology to promote sustainability. The three zoning text amendments – the Zoning for Economic Opportunity, … <Read More>