Starting this week, public hearings are being held throughout the five boroughs to solicit feedback on the report’s recommendations. In April of 2018, the NYC Council created a Charter Revision Commission. The 15-member commission, which was granted a wide mandate to review the City Charter from top to bottom, is considering possible amendments to be placed on the November 5, 2019 ballot in New York City. The Commission’s focus has been on four areas … <Read More>
Search Results for: Long Island City, Queens
COMPLETE VIDEO – Open Space Dialogues: Parks & Transportation
On October 9, 2018, New York Law School hosted New Yorkers for Parks for their Open Space Dialogues: Parks & Transportation. The event was kicked off by Joel Steinhaus, Chairman of New Yorkers for Parks, who was introduced by Executive Director Lynn Kelly. Mr. Steinhaus began by welcoming everyone to the second year of Open Space Dialogues, with the focus of this year’s dialogues on parks, open space and the public realm. He … <Read More>
Comptroller Report Finds Airbnb Usage Contributed to High Rent Problem
On April 2018, New York City Comptroller Scott M. Stringer issued a report on the impact of Airbnb on City rents. The report looked at how the home-sharing company impacted rent in the City over the period of 2009 to 2016. The report found that rental rates increases during this time period can be attributed to Airbnb.
421-a Property Tax Process Renewed
The revised Section 421-a offers new opportunities for affordable housing. The 421-a property tax exemption began in 1971 as an incentive for developers to develop badly needed housing in New York City. When the real estate market rebounded in the 80s, the program was amended to condition tax abatements on the construction of affordable housing units. The program expired in June 2016. In its place, the State Legislature passed the “Affordable New York” program in … <Read More>
$200 Million for New Boilers and Heating Systems Upgrade For NYCHA Developments
A $200 million investment will be used to replace boilers and upgrade heating systems at 20 NYCHA developments. On January 31, 2018, Mayor de Blasio announced the investment aimed at assisting NYCHA developments experiencing chronic outages. The $200 million investment is part of the Mayor’s investment in NYCHA including $2.1 billion in capital infrastructure and $1.6 billion in operating funds. The upgrades are expected to save NYCHA approximately $5 million per year in energy costs.
Triton Structural Concrete Failed to Reserve $790,125 Claim
Contractor hired to repair Hurricane Sandy damage failed to list dispute when seeking time extensions on project. In 2009, the Department of Design and Construction awarded Triton Structural Concrete, Inc. a $105,003,443 contract to rebuild and repair various beachfront structures in Brooklyn, Queens and Staten Island that were damaged by Hurricane Sandy. The contract required Triton to install prefabricated modular buildings on driven pile foundations along several sections of the beachfront.