Search Results for: Press Release

City Planning Commission Holds Hearing on St. John Terminal Rezoning [UPDATE: City Planning Approves Application]

The proposed rezoning would permit the development of four mixed-use buildings and one commercial building across the street from Pier 40. On August 24, 2016, the City Planning Commission held a public hearing on an application for a zoning text amendment, a zoning map change, four special permits, three authorizations, and one chairperson certification to facilitate the redevelopment of the commercial building at 550 Washington Street, in Manhattan’s Greenwich Village. The project would create … <Read More>

City Council Subcommittee Hears Testimony on Adorama Site [UPDATE: Subcommittee Approves Adorama Application]

The proposal would allow for a two-wing through block building with two floors of retail in the Ladies Mile Historic District. On September 7, 2016, the City Council’s Subcommittee on Zoning and Franchises heard testimony on an application for a special permit to facilitate the development in Chelsea neighborhood. The developer would restore and maintain two landmark buildings on site—one of which contains the Adorama camera store. The remainder of the lot—currently a parking lot … <Read More>

Hearings Held on Five Potential Landmarks as Part of Greater East Midtown Plan

Designations opposed by developers and hoteliers; transit advocates expressed concern that landmarking would prevent improved subway infrastructure and access. On July 19 2016, the Landmarks Preservation Commission held hearings on the potential designations of five possible individual landmarks in the East Midtown area of Manhattan. Twelve items in total were identified by Landmarks as significant historic and architectural resources, as part of the mayoral administration’s Greater East Midtown plan. The plan to revitalize … <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.

Two Housing Advocacy Groups Issue Report on Airbnb’s Effect on Residential Rental Rates

The report found that the pervasive use of Airbnb in New York City is likely the indirect causation of incredibly low residential vacancy rates and rising rental rates. In June of 2016, housing advocacy groups Housing Conservation Coordinators and MFY Legal Service jointly issued a study on the impact Airbnb and similar short-term rental-facilitating platforms have on the traditional housing market in New York City. While there are several companies connecting short-term rental apartments with … <Read More>