On May 23, 2024, the New York City Housing Authority, the Department of Housing Preservation and Development and the New York City Housing Development Corporation celebrated the completion of the Atrium at Sumner project, a new eleven-story residence for seniors. The new building was constructed on underutilized land at the NYCHA Sumner Houses campus between Park and Myrtle Avenues in Bed-Stuy, Brooklyn.
Search Results for: Site Development
City Council Approves Three Land Use Applications with Affordable Housing in Brooklyn
On May 16, 2024, the City Council voted to approve three new land use applications that will bring more affordable housing to Brooklyn.
Council Approves Bill Requiring NYCHA PACT Program Transparency Report
On May 16, 2024, the City Council passed Int. 110-A, which requires the creation of a report about the Permanent Affordability Commitment Together Program (PACT). The PACT program allows the New York City Housing Authority to change its traditional Section 9 public housing funding to project-based Section 8 funding. The change allows NYCHA to access debt to finance renovation and repairs projects and requires NYCHA to transfer the daily management of buildings to private management … <Read More>
City and State Continue to Combat Illegal Smoke Shops, Reform Cannabis Sales in New York
Last week, Governor Kathy Hochul and Mayor Eric Adams made announcements furthering New York’s fight against illegal smoke shops and reforming cannabis sales. The legalization of cannabis has forced the city and state to navigate the development of a new economy with the implementation of strict regulations; the state rollout of licenses and process for siting new dispensaries have limited the number of legal dispensaries that have opened statewide. While the state continues to navigate … <Read More>
Mayor and SBS Celebrate Business Improvement Districts with Almost $7 Million in Investments
On May 6, 2024, Mayor Eric Adams and Small Business Services Commissioner Kevin D. Kim announced new investments to support business improvement districts (BIDs) and community-based organizations. Since 2022, the Adams administration has invested over $27 million for BIDs, merchant organizations, and other community-based development organizations.
DOT Discusses Bike, Bus Priority Lane Future Projects as Congestion Pricing Begins Next Month
On May 2, 2024, Department of Transportation Commissioner Ydonis Rodriguez announced proposed bus priority and bicycle lanes and discussed existing projects as part of efforts to prepare for the start of congestion pricing, set to launch on June 30th. Under the newly approved congestion pricing plan, drivers will be charged a toll to go south of 60th Street; the toll aims to encourage people to use alternative means of transportation to alleviate what is currently … <Read More>