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Elizabeth Street Garden won its fight. What does that mean for housing development in NYC?
… City leaders backed down from a decadelong fight to build affordable senior housing on the cityowned lot Instead city … The private lot on Bowery Street was going to be a marketrate or luxury development with no affordable housing units … also signed onto an existing plan to redevelop 100 Gold St home to the Department of Housing Preservation and …
Scott Stringer wants to build ‘Mitchell-Lama 2.0’ and buy up deteriorating NYC buildings for housing
… In his second bid for mayor former New York City Comptroller Scott Stringer is pitching a plan … MitchellLama buildings which offer affordable coops and rental units His campaign for mayor follows an unsuccessful … has denied the allegations and has filed a defamation lawsuit against one of his accusers All candidates answered …
NYC launches program to help developers finance new affordable rental developments
… can score subsidies from the city or an Article XI property tax exemption a complete or partial real estate tax … developers can use the market rate units to help finance affordable housing development but the program will … use public resources according to the announcement And NYCs public resources have felt a crunch The expiration of …
How to dig up intel on a NYC condo developer before you commit to buying
… unlike snooping on your last date After all the marketing material will make your potential purchase look slick and … point for the building It may also be in the apartment listing or on the buildings promotional website The sponsor … consist of a group of developers and they will typically be listed in the offering plan Here youll find the names of the …