On February 7, 2024, the City Planning Commission voted to approve an application for a 46-story mixed-use building at 231 East 94th Street in Yorkville. The building would be located mid-block on the north side of East 94th Street between Second and Third Avenues.
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Updated: “How Doomed is the Loop?”: Discussion on Remote Work Impact on City’s Financial Health
How “doomed” is New York City due to the prevalence of remote work and its impact on commercial real estate values? Experts discussed the city’s fiscal outlook during a recent panel discussion, “How Doomed is the Loop?,” hosted by the Center for New York City Law at New York Law School. The January 25th panel was moderated by Mark Willis, Senior Policy Fellow at the NYU Furman Center for Real Estate and Urban Policy and … <Read More>
City Planning Commission Certifies, Starts Public Review Process for Bronx Metro-North Station Area
On January 22, 2024, the City Planning Commission launched the public review of the Bronx Metro-North Station Area Plan. The plan compliments the development of four new Metro-North stations along the East Bronx in Parkchester/Van Nest, Morris Park, Hunts Point, and Co-Op City. The stations will be added to the New Haven line and are expected to open in 2027.
HPD Fines Landlord $150K for Failure to Comply With Lead Laws
On January 10, 2024, the New York City Department Housing Preservation and Development (HPD) announced that they obtained civil penalties amounting to $150,000 against Ezriel Weinberger and affiliates for their failure to comply with lead-based paint laws across ten properties. These penalties concern lead-based paint offenses in over 790 units located across the Bronx and Manhattan. Each property incurred fines of $15,000.