Tag: Affordable Housing
Mayor Bill de Blasio and Governor Andrew Cuomo are at odds over the potential to turn the Sunnyside Yards into affordable housing for artists. Just an hour after de Blasio laid out his plan in Tuesday’s State of the City address, Cuomo’s office released a statement saying that the 200-acre space in Queens is “not […]
In a struggle between living and how we live, the de Blasio administration’s affordable housing plan has come into conflict with some community gardeners who could be displaced by new developments. According to DNAinfo: The Department of Housing Preservation and Development published a list this week of city-owned sites that housing developers can apply to […]
Tenants of Harlem’s Riverton Houses, which include state assemblyman Keith L. T. Wright, are suing the property’s owners for $10 million over illegal rent hikes. The lawsuit alleges that CWCapital Asset Management and Compass Rock Real Estate have been overcharging residents as part of their plan to force them out of their rent regulated homes and secure more profitable renters: “It’s all […]
Over the last five years, 20,000 more people have been recorded as homeless in New York City, DNAinfo reports that the worsening crisis has lead to more shelters, with their residency up 60% from 2009 and 1,000 more people since the beginning of the year. There are now 54,841 people living in homeless shelters in the […]
There are several swanky residential high-rises coming to Downtown Brooklyn. The developers of these luxury buildings need to fill a community board preference quota. There are roughly 1,000 affordable rent housing units planned for the neighborhood around BAM. These developers are now claiming that they can’t fill their quotas because there are not enough “qualifying” locals, DNAinfo […]
The massive New York housing developer Extell has been granted permission to increase the size of their building at 40 Riverside Boulevard on the Upper West Side under the Inclusionary Housing Program. The building will house 219 luxury units facing the water and 55 low income housing units facing the street. Controversy has arisen over […]
Remember when the Barclays Center was still being proposed and as part of the Atlantic Yards deal, the developer promised affordable housing? If you don’t, it’s understandable. It was over a decade ago and not one residential building has been constructed. But according to the New York Times, something besides the sports arena will occupy […]
Yesterday, City Council and Mayor Bill de Blasio agreed on a plan that will allow the redevelopment of Williamsburg’s Domino Sugar Factory to go forward. The deal involved lowering the Area Median Income, which determines who will qualify to rent the new complex’s 700 units of affordable housing. “We came up with a framework that […]
After a roadblock earlier this week, the march towards turning Williamsburg’s Domino Sugar factory into gleaming, futuristic high-rises will continue as planned. The stall came when Mayor de Blasio asked for more affordable housing units than the developers and Michael Bloomberg, de Blasio’s predecessor, had agreed upon. Under a new compromise, Two Trees, the development company, […]
The much-dreaded/anticipated redevelopment of the Domino Sugar Factory could be slowing down, as Mayor Bill de Blasio has asked for more affordable housing units than were agreed upon under the Bloomberg administration. Jed Walentas of developer Two Trees isn’t having it, and a continued disagreement could delay the future of the project. “I’d very much […]
