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>
Search Results for: Hotel Conversions
City Council Holds Hearing on Hotel-to-Condo Conversion Moratorium [UPDATE: CITY COUNCIL APPROVES EXTENSION]
UPDATE: On May 10, 2017, the City Council voted 45-4 to approve the extension of the moratorium on hotel-to-condo conversions within the Borough of Manhattan. Council Members Daniel Garodnick, David Greenfield, Steven Matteo, and Paul Vallone all voted in the negative. The Committee on Housing and Buildings previously voted 11-0 on May 8, 2017. The bill will now go to the Mayor’s desk for his signature.
City Council Committee heard testimony in considering an extension … <Read More>
Council seeks to halt spread of illegal hotels
- The Bronx County Courthouse’s green roof, funded by the Bronx Initiative for Energy and the Environment. Photo: The Bronx Overall Economic Development Corporation.
Proposal would increase fines for illegal conversions of residences into hotels. On December 3, 2007, the City Council’s Committee on Housing and Buildings held a public hearing on a proposal to increase fines on building owners who illegally convert residential units, especially rent-regulated ones, into hotel units.
Council Member Gail Brewer sponsored … <Read More>
Special Hudson Square District Moves from CPC Approval to Council Hearing
Trinity Church committed $5.6 million contribution for Dapolito Recreation Center renovations but open space issues remain at City Council. On January 23, 2013, the City Planning Commission approved Trinity Church’s application to create the Special Hudson Square District. The purpose of the Special District is to maintain commercial office space – mainly occupied by creative industries – that has made the Hudson Square neighborhood distinct while encouraging mixed-use development and a vibrant community. … <Read More>
Mayor Announces Affordable Housing Leadership Appointments
The three appointments are the latest to the new Adams administration. On January 30, 2022, Mayor Eric Adams announced his appointments for his administration’s affordable housing administration and policy team. The new appointees are Jessica Katz as the Chief Housing Officer; Adolfo Carrión Jr. as the new Commissioner of the Department of Housing and Preservation (HPD); and Eric Enderlin, who will continue to serve as the president of the Housing Development Corporation (HDC). The … <Read More>
NYC Mayoral Candidates Land Use Policy Recap
The Mayoral Election will help shape the City’s land use and housing policymaking decisions. Between now and June 20th, early voting is available for the NYC Primary, in which New Yorkers will help decide who will be the next Mayor of New York City. Over the course of their campaigns, mayoral candidates have developed and shared their positions on a variety of land use and housing issues including developing affordable housing, handling the eviction and … <Read More>