UPDATE: On November 29, 2016, the City Council voted 49-0 to approve the Lexington Gardens II project. The approval will allow Tahl Propp Equities and L+M Development Partners to proceed with the proposed development which will provide 400 new affordable units. One quarter of the affordable units will be permanently affordable under the Mandatory Inclusionary Housing law, and the remainder will be affordable for 40 years under a regulatory agreement with the Department of Housing … <Read More>
Search Results for: Housing
Developer Withdraws Proposal Following Public Controversy over Affordable Housing
Phipps Houses withdrew its application for its ten-story, Barnett Avenue development following a lack of community support. On September 20, 2016, Phipps Houses, the oldest and largest not-for-profit developer of affordable housing in New York City, withdrew its Barnett Avenue development proposal—the day before its scheduled public hearing in front of the City Council’s Subcommittee on Zoning and Franchises. Phipps Houses had sought a zoning map change and two zoning text amendments to … <Read More>
City Council Rejects Proposed Rezoning of Inwood Site Needed for New Development with 50 Percent Affordable Housing
City Council rejected the first private application of Mandatory Inclusionary Housing. On August 16, 2016, the City Council rejected a proposal to rezone a large corner lot in order to construct a new mixed-use development located at 4650 Broadway in Manhattan’s Inwood neighborhood. Currently a two-story commercial building operating as a parking garage and U-Haul truck rental facility occupies the site. The original proposal from the developer, Acadia Sherman Avenue LLC, was to build a … <Read More>
City Planning Approves New Through-Block Building, Without Affordable Housing
City Planning Commission declined to apply Mandatory Inclusionary Housing to proposed West Side development, despite strong support from community. On August 15, 2016, the City Planning Commission approved a special permit to construct a new mixed-use development located at 38–42 West 18th Street in Midtown Manhattan on the West Side. This proposal is the third development project approved by the City for the site. The first approval was in 2001 and the second in 2008; … <Read More>
Mayor Bill de Blasio Reports on Progress of Housing New York Plan
The Mayor’s Administration is ahead of schedule in achieving its goal to build 200,000 affordable homes in 10 years. On July 26, 2016, Mayor Bill de Blasio announced an update on the progress that has been made to achieve the goals set forth in his Housing New York plan, which seeks to build 200,000 affordable homes in 10 years. The Housing New York plan met the conclusion of its second fiscal year on June 30, … <Read More>
Attorney General Eric Schneiderman Announces New Legal Enforcement Team for Housing Related Offenses
The new Real Estate Enforcement Unit will be in charge of investigating tenant harassment and related complaints. On July 7, 2016, Attorney General Eric T. Schneiderman announced his new plan to create a new legal enforcement team to combat tenant harassment and related housing issues affecting New York residents. These new initiatives come in the wake of several crackdowns on housing related incidents.