On October 17, 2024, New York City Mayor Eric Adams announced the completion of the first section of the East Side Coastal Resiliency (ESCR) project. The East Side Coastal Resiliency project is a $1.45 billion project that will create a 2.4-mile-long flood barrier on the Lower East Side from Montgomery Street to Asser Levy Playground between East 23rd Street and East 25th Street. The $1.45 billion project is being built in two sections. The northern … <Read More>
Search Results for: School Construction
Parks Dept. Celebrates Reopening of Kelly Park Playground in Brooklyn
On October 22, 2024, New York City Parks Commissioner Sue Donoghue, New York State Senator Simcha Felder, and members of the community celebrated the unveiling of the newly reconstructed Kelly Park Playground. Kelly Park Playground, located at Ave. S, Moore Pl. between East 16th Street and East 17th Street in Brooklyn, is named after Brooklynite William E. Kelly. Born. Kelly, born in Brooklyn in 1872, served as county postmaster and Clerk of Kings County before … <Read More>
Governor and Mayor Celebrate Over 600 Letters of Intent for 421-a Extension Program
On October 16, 2024, New York City Mayor Eric Adams and New York Governor Kathy Hochul celebrated the milestone of the New York City Department of Housing Preservation and Development (HPD) receiving Letters of Intent for approximately 650 buildings through the 421-a extension tax incentive program. The proposed 650 buildings represent roughly 71,000 new homes (including 21,000 affordable units) for New Yorkers. Currently, New Yorkers face a 1.4 percent rental vacancy rate, with half of … <Read More>
What is the Future of Outdoor Dining in New York City?
By Mark Chiusano
The outdoor dining setup at Artesano on Chambers Street had some of the soaring dignity of its location. Patrons savoring the high-end Peruvian food could look through an arched, see-through roof at the classical limestone exterior of the David N. Dinkins Municipal Building, topped by the towering gilded statue “Civic Fame.”
It did not feel like eating in the street. It was an “extension of our restaurant,” said Roman Cervantes, a … <Read More>
DDC Celebrates Completion of Repairs of Laurelton Library
On October 9, 2024, Queens Public Library President Dennis M. Walcott and NYC Department of Design and Construction (DDC) Commissioner Thomas Foley celebrated the re-opening of the Laurelton Library. The library was closed to make necessary repairs. This $1.8 million project was completed under the budgeted amount, saving over $160,000. The one-story Laurelton Library is located at 134-26 225th Street and originally opened in 1955.
City Releases Proposed Rules for Two New Tax Incentives Programs: 485-x and 467-m
On October 8, 2024, the New York City Department of Housing Preservation and Development (HPD) published the proposed rules for the Affordable Neighborhoods for New Yorkers (Real Property Tax Law Section 485-x) and Affordable Housing From Commercial Conversions (Real Property Tax Law Section 467-m) programs.