The new building will bring 20 deeply affordable units to Bushwick, and will be constructed with sustainability features. On February 13, 2019, the City Planning Commission voted to approve an application by the Department of Housing Preservation and Development for the construction of a new and 100 percent affordable 20-unit building in the Bushwick section of Brooklyn. HPD sought City Planning’s approval for the disposition of the City-owned property at 63 Stockholm Street, designation of … <Read More>
Urban Development Action Area Project
Seventeen-story, four-unit sliver tower approved
Buildings denied permit after deciding high-rise building would not comply with State law. In 1999, the Department of Housing Preservation and Development designated a five-story townhouse at 330 West 86th Street as an Urban Development Action Area Project (UDAAP). HPD then sold the property through its Asset Sale Program to the building’s tenants. Two years later, Robert Ricciardelli purchased the property with the intention of demolishing the townhouse and building a high-rise apartment building … <Read More>
Deed restriction fuels more litigation
Developer sought to extinguish deed restriction on Upper West Side property. The City, through the Department of Housing Preservation and Development’s Asset Sales Program, sold 330 West 86th Street in Manhattan to the building’s tenants. Because the property had been designated as an Urban Development Action Area Project, the deed stated that the tenants could only rehabilitate or conserve the existing dwellings, or construct new dwellings permitted by existing zoning laws. The deed also required … <Read More>