Report outlines action plan for the School Construction Authority to address public school overcrowding and cost proposals. On September 4, 2019, Borough President Ruben Diaz Jr. released a report outlining an action plan for the School Construction Agency to address public school overcrowding and school construction cost proposals. The School Construction Authority is charged with the building and maintenance of public school space in New York City.
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DCP Releases Storefront Vacancy Report
The causes of vacancies vary due to differences in local economies and other community characteristics. On August 8, 2019, the Department of City Planning released “Assessing Storefront Vacancy in NYC”, a report which examines retail patterns and storefront vacancies across 24 different neighborhood shopping corridors around the city.
Charter Revision Commission Releases Preliminary Staff Report
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>
Department of Buildings Report Shows Construction Decline in 2018
Despite increase in developments, construction in New York City has leveled. On January 22, 2019, Department of Buildings Commissioner, Rick D. Chandler, released a report on the City’s construction in 2018. The most significant finding from the report was that the City’s construction activity has leveled off after its real estate and development boom. The number of construction permits Buildings issued decreased in 2018. In 2018, Buildings issued 165,908 construction permits while in 2017, they … <Read More>
Comptroller’s Report Shows Scope of City’s Affordable Housing Crisis
The report closes in on housing needs for low- and extremely low-income households and proposes four initiatives on how to provide affordable housing for these households. On November 28, 2018, New York City Comptroller Scott M. Stringer released its NYC for All: The Housing We Need report showing the scope of the City’s affordable housing crisis. According to the report, the city’s population grew nearly half a million between 2009 and 2017 and city employment … <Read More>
Comptroller Report: Property Taxes Are Increasingly Hurting Low-Income New Yorkers
Comptroller calls for an expansion of property tax relief programs in the City. On September 6, 2018, New York City Comptroller Scott M. Stringer issued a report detailing property tax increases in the City from 2005 to 2016 and their effect on households at different income levels. The report highlights the dramatic impact that these increases have had, particularly on households with incomes below $50,000 and the inability of existing property tax relief programs to … <Read More>