The City estimates the program will assist in the acquisition of approximately 35 vacant sites over the next five years. On March 8, 2019, the New York City Department of Housing Preservation and Development announced a new program to advance the process for affordable housing development by providing loans for upfront costs to nonprofit developers. The New York City Down Payment Assistance Fund (DPAF) seeks to speed up the development process for affordable housing by … <Read More>
Search Results for: Affordable Housing
NYCHA Begins Lead Paint Testing at Bronx River Houses Development.
The lead paint testing initiative comes from the City’s plans to eliminate childhood lead exposure and improve quality of living in public housing. On March 15, 2019, the New York City Housing Authority announced that it will be accelerating its new lead-based paint testing plan at the Bronx River Houses located in the Soundview section of the Bronx. The Bronx River Houses is one of the first set of developments NYCHA will begin testing in … <Read More>
New Rezoning to Revitalize Portion of Flatbush Avenue in Brooklyn
In addition to 114 new residential units, 34 of which will be affordable, the new development will feature two stories of retail space that is responsive to community needs. On March 13, 2019, the City Planning Commission voted to approve an application for a rezoning in the Flatbush Junction neighborhood of Brooklyn. The application calls for a rezoning of the applicant’s property at 1640 Flatbush Avenue, facing the Triangle Junction shopping mall to the north, … <Read More>
City Planning Approves Modified Rezoning of Summit Street in Brooklyn
The applicant’s proposed rezoning received strong pushback from the community. On January 9, 2019, the City Planning Commission held a public hearing on a proposed rezoning in the Columbia Street Waterfront District in Brooklyn. The applicant, 41 Summit Street LLC, sought a zoning map and a zoning text change to facilitate the development of a seven-story, approximately 10,000 square foot residential building at 41 Summit Street. The application was presented to the City Planning Commission … <Read More>
City Council Creating Pilot Program to Create Apartments in East New York
The program will bring currently illegal basement and cellar apartments up to code, and allow for additional basement and cellar apartments to be created. On February 13, 2019, the New York City Council passed legislation, titled Introduction 1004, establishing a pilot program which allows for the creation and alteration of habitable apartments in basements and cellars in one and two-family dwellings in East New York. The program seeks to address the lack of affordable housing … <Read More>
Mayor’s Office of Special Enforcement Brings Lawsuit Over Illegal Short-Term Rental Operation
The lawsuit claims that at least 130 apartments were converted into illegal short-term rentals. On January 14, 2019, the Mayor’s Office of Special Enforcement announced that it filed a lawsuit against several defendants for converting apartments in 35 residential buildings into illegal short-term rentals through websites like Airbnb. The defendants include Metropolitan Property Group (MPG), five current or former MPG employees and 18 associated corporate entities. The lawsuit was filed on January 14, 2019, in … <Read More>