Partnership announced to establish a $350 million fund to support affordable housing throughout the City. On July 30, 2014, Mayor Bill de Blasio and Comptroller Scott M. Stringer announced a partnership to establish a $350 million fund to support affordable housing throughout New York City. The new financing was raised through the support of Citi, the New York City Retirement Systems, the New York City Housing Development Corporation, Wells Fargo, Morgan … <Read More>
Community Preservation Corporation
Domino Sugar designation receives great support
Developer testified to the great cost of converting buildings to housing. On June 26, 2007, Landmarks held its first hearing on the potential designation of three 1884 buildings within the former Domino Sugar Processing Plant in Williamsburg, Brooklyn. The plan received overwhelming support.
Among those in support included representatives from the development team that plans to convert the plant to a mixed-use complex containing 2,200 units of housing, 660 of which would be reserved for … <Read More>