After significant redesign, Commission approves building close to Brooklyn Bridge. Two Trees Management Company, the developer often credited with the dramatic conversion and rebirth of DUMBO, sought approval of a large project involving new construction, a building conversion, and demolition of a historic building close to the suspended side span of the Brooklyn Bridge. The City Planning Commission approved after the building’s western portion was reduced to match the height of the bridge’s roadway.… <Read More>
Search Results for: Mixed-Use Development
HPD Celebrates Opening of 171 Affordable Apartments in the South Bronx
On October 28, 2024, the New York City Department of Housing Preservation and Development, in collaboration with other critical stakeholders celebrated the opening of Melrose North, a new building with 171 affordable apartments. Of the 171 affordable homes, 103 of the housing units are allocated for formerly homeless individuals and families. The apartments are located at the New York City Housing Authority’s Morrisania Air Rights campus in South Bronx and has a ramp for accessibility.
City Announces Award of $260 Million in Federal Grants for Brooklyn Marine Terminal, Inwood Greenway Expansion
On September 23, 2024, Mayor Eric Adams announced that New York City was issued $260 million in federal grants from the U.S. Department of Transportation through the Bipartisan Infrastructure Law. The funding will support key infrastructure projects in New York City, including the transformation of the Brooklyn Marine Terminal and the construction of a greenway segment along 10th Avenue in Inwood. The City has secured $2.37 billion in funding, including roughly $1.3 billion in competitive … <Read More>
City Breaks Ground on New Stapleton Waterfront Esplanade
On September 13, 2024, New York City Mayor Eric Adams announced the ground breaking for the New Stapleton Waterfront, part of the City’s Staten Island North Shore Action Plan. The Staten Island North Shore Action Plan is a four-year plan that was announced in September 2023 by Mayor Adams and New York City Councilmember Kamillah Hanks. This $400 million investment aims to provide Staten Island’s North Shore with over 20 acres of public space, more … <Read More>
City of Yes for Housing Opportunity Overview: City Celebrates Start of Public Review Process
On April 29, 2024, the City Planning Commission launched the public review process for the proposed City of Yes for Housing Opportunity text amendment. The text amendment is one of three City of Yes amendments aiming to remove or modify outdated provisions within the zoning text that inhibit economic growth, the ability for developers to build, and the implementation of green technology and infrastructure.