On June 26, 2024, the New York City Department of Housing Preservation and Development celebrated the grand opening of The Eliza, a new affordable building and public library, with a ribbon cutting. The Eliza, located at 4790 Broadway in Inwood, is named after Eliza Hamilton, wife of Alexander Hamilton.
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Council Holds Public Hearing Challenging Current Broker Fees System
On June 12, 2024, the City Council Committee on Consumer and Worker Protection held a public hearing on Int. 360, sponsored by Council Member Chi A. Ossé. The bill, known as the FARE (Fairness in Apartment Rental Expenses) Act, ensures that the party hiring a broker, whether tenant or landlord, is responsible for paying the broker.
City Officials Celebrate Opening of Casa Celina, 100 Percent Affordable Senior Housing in Soundview
On June 11, 2024, officials from the Department of Housing Preservation and Development, New York CIty Housing Authority, and New York City Housing Development Corporation celebrated the opening of Casa Celina, a building for New York’s seniors featuring over 200 new affordable units. The building is located on NYCHA’s Justice Sonia Sotomayor campus in the Soundview section of the Bronx.
Proposed City of Yes for Housing Opportunity Amendment to Help Faith-Based Orgs Build Affordable Housing
On March 22, 2024, Mayor Eric Adams announced details about the plan to assist faith-based organizations and other mission-based nonprofits to build affordable housing citywide. As part of the City of Yes for Housing Opportunity plan, the administration’s third proposed zoning text changes that will remove outdated and arbitrary language from the zoning text that will allow for the creation of more housing.
COMMENTARY: Creating Social Housing in the Sky
By Assemblymember Harvey Epstein and Senator Cordell Cleare
The next innovation in the pursuit of permanently affordable housing for New Yorkers can be found amongst the glistening luxury high-rise condominiums. These high-rise condominium complexes will also include the next wave of cooperatively-owned and community-controlled affordable homeownership opportunities in New York City — social housing in the sky — if our bill, the recently updated Martin Act amendment (S3566A/A6921A), becomes law.