City Releases Details for “City of Yes for Housing Opportunity” Zoning Text Amendment

On September 21, 2023, Mayor Eric Adams released the details for his “City of Yes for Housing Opportunity” proposal. The proposal aims to increase the development of and access to affordable housing throughout New York City through changes to the City’s zoning code. The Mayor’s Office touts that the initiative could add 10,000 homes to expected housing production over the next 15 years, create 260,000 temporary and 6,300 permanent jobs, and provide $58.2 billion in … <Read More>


City Planning Holds Public Hearing for Mixed-Use Building with Affordable Housing in Flatbush

On August 23, 2023, the City Planning Commission held a public hearing for the 534 Coney Island Avenue project, an application that would enable the construction of a mixed commercial and residential use building in the Flatbush and Kensington area of Brooklyn. The proposed building site is currently a fast-food restaurant. The applicant seeks to rezone part of the block surrounded by Hinckley Place to the north, Coney Island Avenue to the east, Beverly Road … <Read More>



EDC Announces Public-Private Partnership to Build Film Studio Campus at Pier 94

On August 29, 2023, the New York City Economic Development Corporation announced a public-private partnership with Vornado Realty Trust, Hudson Pacific Properties, and Blackstone to build a studio campus at Pier 94 near Hell’s Kitchen in Manhattan. The Sunset Pier 94 Studios project will create a film and production studio as well as public amenities for Hudson River Park.