BFC Partners Close On 2nd Phase Of 360,000 Sf Coney Island Project
BFC Partners today announced the closing and groundbreaking for the second phase of their project at 1607 Surf Avenue in the Coney Island neighborhood of...
Tag : housing preservation and development
City’s affordable housing effort enters new territory
The de Blasio Administration’s affordable housing campaign has moved into new territory with the launch of a $13.2 million property rehab in Harlem. For the...
City okays Ravitch rent deal at Waterside Plaza
By Maria Rocha-Buschel The City Council has voted to approve an agreement that will protect long-time Waterside Plaza tenants against substantial rent increases as part...
Who still has tax savings as the sun sets on 421a abatement?
The days of 421a are gone — but there are still new developments able to offer the lucrative tax in the city. The 421a program,...
City plays matchmaker in affordable market to head off ‘predatory investors’
City Hall wants to play matchmaker for affordable housing sellers and preservation-minded buyers. Hoping to safeguard communities from “predatory investors”—developers who flip bargain-priced properties into...
City yanks 421a benefit from 1,700 property owners
More than 1,700 property owners who have not complied with the requirements of the 421a program have had the benefit yanked as part of a...
How to navigate HPDʼs Alternative Enforcement Program
By Massimo F. D’Angelo, partner, Adam Leitman Bailey PC The New York City Department of Housing Preservation and Development (“HPD”), touts its Alternative Enforcement Program...
HPD opens registration for multifamily building owners
New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been issued a reminder to property owners and managing agents of multifamily residential...