Phase One of the development will yield 183 units of deeply affordable housing ranging from studios to three-bedrooms. On July 16, 2019, the Department of Housing Preservation and Development (HPD),the Housing Development Corporation (HDC), the New York City Economic Development Corporation (NYCEDC) and private developers announced plans to construct the first phase of the Peninsula, a 100 percent affordable mixed-use development in the Hunts Point neighborhood of the Bronx. The project will be constructed on … <Read More>
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Ribbon Cut for Major Astoria Playground Improvement
The $1 million project is the latest in a series of renovations of the Triborough Bridge Playgrounds. On July 16, 2019, the Parks Department announced the completion and opening of a new dog run and revamped basketball courts at Astoria’s Triborough Bridge Playground C with a ribbon-cutting ceremony. Triborough Playground C is one of six in a family of playgrounds, located on Hoyt Avenue North and Hoyt Avenue South between 21st and 26th Streets, that … <Read More>
Mayor de Blasio Announces Citi Bike Expansion Throughout All Boroughs
The Citi Bike expansion will double the current service area by 35 square miles and triple the number of bikes to 40,000. On July 16, 2019, the de Blasio Administration announced Citi Bike’s expansion. Last November, Lyft entered into an agreement with the City to invest $100 million in Citi Bike, which will double the size of Citi Bike’s service area and triple the number of bikes in the program. The expansion will take … <Read More>
First Phase of 700-Unit Affordable and Sustainable Development Project in East Harlem Announced
The project will be financed under an HPD program that requires low and extremely low-income affordability and set-asides for the formerly homeless. On June 27, 2019, the Department of Housing Preservation and Development (HPD), the Housing Development Corporation (HDC,) L+M Development Partners, Jonathan Rose Companies, and Acacia Network announced finalized plans for the first stage of development of Sendero Verde in East Harlem in Manhattan. The site is located on 111th Street, … <Read More>
Digital Zoning Resolution Updated to Include Full Legislative History
The update includes legislative history dating from 1961. On June 19, 2019, the Department of City Planning announced an update to the online Zoning Resolution that provides the code’s legislative history. Earlier this year, DCP launched the digital Zoning Resolution online platform, which replaced the paper edition. The digital version provides users with the ability to use keyword searches, one-click sharing, navigation, and the option to subscribe for updates. This legislative history update provides information … <Read More>
Governor Cuomo Signs Sweeping Rent Control and Rent Stabilization Reforms into Law
The law places limits on various mechanisms through which landlords of rent-regulated units can raise rent and provides many other protections for tenants. On June 14, 2019, Governor Andrew M. Cuomo signed into law the Housing Stability and Tenant Protection Act of 2019, which Cuomo called “the most sweeping, aggressive protections in state history.” The legislation extends and strengthens rent protections for tenants across the state and went into effect before the expiration of the … <Read More>