Policy

NYC brokerage to pay state $260K after allegedly charging excessive broker fees

Photo by Tomas Anton Escobar on Unsplash

January 26, 2024

NYC brokerage to pay state $260K after allegedly charging excessive broker fees

A Manhattan real estate brokerage accused of scamming tenants with excessive broker fees has agreed to pay the state $260,000 in penalties. Gov. Kathy Hochul on Thursday announced a settlement with brokerage firm City Wide Apartments, Inc. after an investigation by the New York Department of State, which licenses real estate agents, found the firm charged exorbitant brokerage fees, in one case charging more than $20,000 in added fees to tenants searching for housing.
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Chinatown’s Kimlau Square to receive $56M revamp

Photo courtesy of Wikimedia

January 25, 2024

Chinatown’s Kimlau Square to receive $56M revamp

By Aaron Ginsburg

Chinatown's chaotic Kimlau Square is set to receive a $55.8 million redesign, as first reported by amNewYork. During his State of the City address on Wednesday, Mayor Eric Adams announced Kimlau Square will be renovated in three phases: an expansion of the square into a pedestrian plaza with shortened street crossings, the beautification of Park Row between the plaza and the Brooklyn Bridge, and the creation of an archway that welcomes people into the neighborhood. The project aims to straighten out the confusing six-way intersection that surrounds the plaza and increase the size of the space from 12,000 to 20,000 square feet.
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Adams looks to develop 24 affordable housing projects on public sites across NYC

Photo courtesy of Michael Appleton/Mayoral Photography Office on Flickr

January 24, 2024

Adams looks to develop 24 affordable housing projects on public sites across NYC

By Devin Gannon

The city will push forward 24 residential developments on city-owned properties across the five boroughs. During his State of the City address on Wednesday, Mayor Eric Adams unveiled several proposals addressing the ongoing housing crisis, including a new initiative called "24 in 24." The plan calls for two dozen affordable housing projects on public land, which could create and preserve over 12,000 affordable apartments.
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NYC to curb ‘community preference’ policy in affordable housing lotteries

Rendering of the Peninsula project in the South Bronx, which gave a 50 percent preference for residents of Bronx Community District 2. Courtesy of WXY Studios

January 23, 2024

NYC to curb ‘community preference’ policy in affordable housing lotteries

By Devin Gannon

New York City will restrict the preference it gives to residents applying for an affordable apartment within their community district according to a settlement reached on Monday. Under the current policy, 50 percent of affordable apartments are set aside for New Yorkers who live in the same neighborhood as the development, known as “community preference." After a lawsuit first filed in 2015 challenging the policy as discriminatory, a new order signed Monday caps the preference to 20 percent of units through 2029 and then to 15 percent after that.
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NYC’s latest film studio is opening in Long Island City this year

Images courtesy of Innovo Property Group

January 22, 2024

NYC’s latest film studio is opening in Long Island City this year

By Devin Gannon

New York City's latest film studio will open in Long Island City this year. Taking up the upper three floors of a five-story development at 23-30 Borden Avenue, Borden Studios includes four sound stages, office and support space, and more than 8,800 square feet of outdoor space, including a rooftop terrace. Developed by Innovo Property Group and operated by The MBS Group, the studio is expected to open this spring.
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January 22, 2024

MTA installs new subway platform barriers at 191st Street station

By Aaron Ginsburg

Commuters should now feel more secure waiting for the 1 train at the 191st Street subway station. This weekend, the Metropolitan Transportation Authority installed new barriers on the edge of the platform at the Washington Heights station, as part of a pilot program aimed at improving safety and preventing people from falling onto the tracks. The station is the first of four to get the barriers under the program.
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City launches initiative to ‘rainproof’ NYC

Heavy rainfall caused major flooding on September 29, 2023. Photo courtesy of Marc A. Hermann / MTA on Flickr

January 17, 2024

City launches initiative to ‘rainproof’ NYC

By Aaron Ginsburg

State and city agencies, nonprofits, and community leaders will join forces to develop ideas aimed at dealing with New York City's heavy rainfall problem. The Mayor's Office of Climate and Environmental Justice on Tuesday launched "Rainproof NYC," a collaborative initiative to come up with policies and programs addressing the high frequency of heavy rainfall due to climate change. The initiative will complement ongoing Department of Environmental Protection (DEP) projects that are underway across the state, including sewer upgrades, green infrastructure, cloudburst projects, and Bluebelts.
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Policy

Trump name removed from Bronx golf course

Image courtesy of Michael Appleton/Mayoral Photography Office on Flickr

January 12, 2024

Trump name removed from Bronx golf course

By Aaron Ginsburg

A sign bearing Donald Trump's name has been removed from the Bronx golf course previously operated by the former president. New manager Bally's Corporation rebranded the course, previously called the Trump Golf Links at Ferry Point, Bally's Links, and celebrated with a new sign reveal and ribbon cutting on Thursday. Bally's purchased the lease for the course last September for $60 million and will operate the city-owned site as part of an effort to secure one of the region's three casino licenses.
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Policy

Hochul calls for replacement and extension of 421-a tax abatement in NYC

Photo courtesy of Governor Kathy Hochul on Flickr

January 10, 2024

Hochul calls for replacement and extension of 421-a tax abatement in NYC

By Aaron Ginsburg

As housing production in New York City hits new lows, Gov. Kathy Hochul is calling once again for a replacement of the 421-a tax abatement program that expired in 2022. During her 2024 State of the State address on Tuesday, the governor said she plans to introduce legislation permitting the city to offer a tax break to developers of new rental construction, as well as an extension of the completion deadline of the expired program. Hochul's previous proposals to replace the program in 2022 and 2023 failed to move forward.
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Hochul wants to extend the Second Avenue Subway west into Harlem

The 96th Street subway station on Second Avenue Subway when it opened in 2017. Photo by Charley Lhasa on Flickr.

January 9, 2024

Hochul wants to extend the Second Avenue Subway west into Harlem

By Devin Gannon

The Q train may go even further. During her State of the State address Tuesday, Gov. Kathy Hochul backed a plan to extend the Second Avenue Subway west along 125th Street with three new stops at Lenox Avenue, St. Nicholas Avenue, and Broadway. The announcement comes as construction prepares to kick off on the second phase of the line, bringing the Q line up to 125th Street in East Harlem.
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NYC seeks feedback on rezoning plan around new Bronx Metro-North stations

By Aaron Ginsburg

City officials want New Yorkers to weigh in on a rezoning plan that proposes 6,000 new homes for the area surrounding four new Metro-North Stations in the East Bronx. The Department of City Planning (DCP) on Wednesday will host an online informational session for the Bronx Metro-North Station Area Plan, a rezoning effort proposed for Morris Park, Parkchester/Van Nest, Hunts Point, and Co-Op City. During the meeting, DCP officials will hear feedback and answer questions given by the community about the proposed land use changes ahead of the start of the official public review process.
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Photo by James Russiello on Wikimedia

January 8, 2024

Plans to demolish landmarked West-Park Presbyterian Church on hold

By Devin Gannon

A historic Upper West Side church lives to fight another day. The West-Park Presbyterian Church on Friday withdrew its request to the Landmarks Preservation Commission to demolish the 19th-century Romanesque Revival building at Amsterdam Avenue and West 86th Street. The congregation could not afford the estimated $50 million in urgent repairs needed at the 135-year-old property and sought permission from the commission to demolish the landmarked building with the hopes of selling it to a developer. The church’s application was withdrawn ahead of a vote by LPC scheduled for this Tuesday, but the congregation said it will resubmit in the future.
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Policy

Self-filtering floating pool pilot to be installed in NYC this summer

+POOL Rendering, 2024. Designed by Family New York & Playlab, Inc. Image by proto.

January 5, 2024

Self-filtering floating pool pilot to be installed in NYC this summer

By Aaron Ginsburg

New York City will test the waters of a self-filtering floating pool this summer. Gov. Kathy Hochul and Mayor Eric Adams on Friday committed $16 million to the nonprofit +POOL, which has worked for over a decade to build a swimming pool in the East River. The group plans to launch a pilot pool to demonstrate and test +POOL's unique filtration system this summer, with the hopes of opening to swimmers in 2025. The news comes as part of a larger proposal from the governor to expand access to swimming across the state.
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City seeks proposals for sports center at Brooklyn Bridge plaza in Dumbo

Photo courtesy of NYC Parks

January 5, 2024

City seeks proposals for sports center at Brooklyn Bridge plaza in Dumbo

By Aaron Ginsburg

New York City is looking to reopen nearly 100,000 square feet of open space at the Brooklyn Bridge for the first time in 15 years. As first reported by Streetsblog, NYC Parks this week released a request for proposals (RFP) seeking contractors to operate a seasonal outdoor activity center for up to six years at the two-lot Anchorage Plaza, located on Old Fulton Street and Washington Street and connected by a ramp known as "Ash Alley" underneath the bridge. According to the RFP, the Parks Department seeks proposals for "parks appropriate" activities, including paddle ball, public art or performances, a dog run, and food and drink vendors.
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NYC wants artists to spice up sidewalk sheds and construction fencing

Ebony Bolt “Hope and Humanity” Lenox Hill Hospital, Upper East Side, Manhattan, 2021. Image courtesy of ArtBridge

January 3, 2024

NYC wants artists to spice up sidewalk sheds and construction fencing

By Aaron Ginsburg

New York City is seeking artists to help beautify sections of unattractive sidewalk sheds and construction fencing throughout the five boroughs. The city's Department of Cultural Affairs (DCLA) has issued an open call for artists for 2024 through 2025 as part of its City Canvas program, which installs temporary, large-scale artworks on protective structures to make them more visually appealing.
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Citi Bike prices are increasing this month

Photo courtesy of Shinya Suzuki on Flickr

January 3, 2024

Citi Bike prices are increasing this month

By Aaron Ginsburg

Citi Bike is hiking its prices this month. The popular bike-sharing service operated by Lyft is rolling out its new pricing system in phases in January, with the price of an annual membership jumping from $205 to $219.99 a year starting on January 29. Other increases, including unlock fees, e-bike charges, and extra-time fees, take effect Thursday, January 4.
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7 historic places in NYC recommended for state and national designation

William Ulmer Brewery, at the corner of Belvidere Street and Beaver Street, Brooklyn (ca. 1920). Image courtesy of DXA Studio

January 2, 2024

7 historic places in NYC recommended for state and national designation

By Aaron Ginsburg

Gov. Kathy Hochul last week announced the 36 properties and places in New York nominated for potential placement on the State and National Register of Historic Places. The seven New York City recommendations include Bushwick's historic William Ulmer Brewery, the city's first cast-iron office building, and a new historic district in Central Harlem that illustrates the neighborhood's development as a Black working-class residential neighborhood.
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NYC bans street vendors from all city bridges

Photo courtesy of Gedalya AKA David Gott on Flickr

January 2, 2024

NYC bans street vendors from all city bridges

By Aaron Ginsburg

Starting Wednesday, vendors selling New York City-themed souvenirs and cheap eats will be banned from all 789 of the city's bridges. Mayor Eric Adams last week announced new rules prohibiting vending on pedestrian walkways and bike lanes of bridges, as well as their approaches, will go into effect on January 3. Proposed this fall by the mayor, the vending ban specifically targets the overcrowded Brooklyn Bridge, which has seen a surge in both illegal vendors and pedestrians in recent years, creating safety issues on the jam-packed crossing.
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NYC rental subsidy aims to build more affordable housing in wealthy neighborhoods

Image courtesy of mari small on Unsplash

December 27, 2023

NYC rental subsidy aims to build more affordable housing in wealthy neighborhoods

By Aaron Ginsburg

The city on Tuesday announced plans to subsidize mixed-income rental projects in neighborhoods with few low-cost homes as a way to jumpstart development following the end of the 421-a tax exemption. The new program, called the Mixed Income Market Initiative (MIMI), would make public money available for the first time to projects with both affordable and market-rate units, with the goal of incentivizing developers to build more affordable homes using revenue generated from the market-rate apartments.
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NYC Council approves bill limiting criminal background checks by landlords

Image courtesy of Emiliano Bar on Unsplash

December 21, 2023

NYC Council approves bill limiting criminal background checks by landlords

By Aaron Ginsburg

The New York City Council on Wednesday passed legislation limiting the use of criminal background checks by landlords when screening tenants. Sponsored by Council Member Keith Powers, "The Fair Chance for Housing Act" amends the city's Human Rights Law to prohibit landlords, owners, and real estate brokers from rejecting applicants based on past convictions. However, landlords can consider misdemeanor convictions from the last three years and felony convictions within five years. Other exemptions to the bill include certain sex crimes and one- or two-family homes where the owner also lives.
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East Midtown Greenway opens, with nearly 3 acres of public open space on the waterfront

Image courtesy of Skanska

December 20, 2023

East Midtown Greenway opens, with nearly 3 acres of public open space on the waterfront

By Aaron Ginsburg

New York City has taken a major step forward in its effort to expand the greenway network. The city's Economic Development Corporation (NYCEDC) and NYC Parks on Tuesday officially opened the East Midtown Greenway and the second phase of the Andrew Haswell Green Park, delivering nearly three acres of public open space, a new pedestrian walkway, a pedestrian bridge, landscaping, and a separated bike lane stretching from East 53rd Street to East 60th Street along the East River. The $197.6 million investment fills a significant gap in the Manhattan Waterfront Greenway.
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The Modulightor Building. Photo credit: Joe Polowczuk

December 19, 2023

Paul Rudolph’s Modulightor Building is now an NYC landmark

By Aaron Ginsburg

The Landmarks Preservation Commission on Tuesday voted to landmark the Modulightor Building, an iconic building in Midtown East designed by renowned modernist architect Paul Rudolph. Located at 246 East 58th Street, the building was built between 1989 and 1993 to house the Modulightor lighting company founded by Rudolph with German physicist Ernst Wagner. According to the commission, the building stands out for its special character and its historical and aesthetic significance in New York City.
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After 20 years, Pacific Park faces foreclosure and an uncertain future

Photo credit: Amaury Laporte via Flickr.

December 19, 2023

After 20 years, Pacific Park faces foreclosure and an uncertain future

By Michelle Cohen

As the massive Brooklyn megadevelopment once known as Atlantic Yards reaches its 20th anniversary, news of the project's progress has been scarce. But recent changes affecting the development anchored by Barclays Center may put the 22-acre site–now known as Pacific Park–back in the spotlight. As The Real Deal reported in a wrap-up of its progress over the past two decades, current developer Greenland USA has defaulted on nearly $350 million in loans attached to the project's second phase. With foreclosure imminent, an auction, scheduled for next month, may mean a new developer will be responsible for fulfilling crucial affordable housing agreements and inherit penalties for unbuilt units.
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Vacant hotel near JFK Airport to become 300+ permanently affordable apartments

Rendering of the indoor/outdoor garden planned for residents at Baisley Pond Park Residences. Courtesy of OSD

December 18, 2023

Vacant hotel near JFK Airport to become 300+ permanently affordable apartments

By Aaron Ginsburg

An empty hotel near John F. Kennedy International Airport in Queens will be converted into a permanently affordable housing development with 300 apartments. Slate Property Group, RiseBoro Community Partnership, and the city's Housing Development Corporation on Monday announced the acquisition of the former JFK Hilton Hotel for $64 million, the first step in converting the vacant hotel into homes for low-income households and formerly homeless New Yorkers. Construction is expected to kick off next month.
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NYC’s worst landlord has 3,293 open violations across 306 apartments

The building at 410 West 46th Street is owned by Johnathan Santana and Daniel Ohebshalom. Tenants won a court battle to remedy unsafe conditions in the building, now placed under control by an outside administrator. Streetview of 410 West 46th Street © 2023 Google Maps

December 14, 2023

NYC’s worst landlord has 3,293 open violations across 306 apartments

By Aaron Ginsburg

New York City's worst landlord broke the city's record for most open housing violations two years in a row. NYC Public Advocate Jumaane D. Williams on Wednesday released the 2023 "Worst Landlord Watchlist," an annual list exposing the city's most negligent property owners and ranking them by the number of hazardous housing violations in their buildings. Johnathan Santana took the number one spot for the second year in a row, breaking last year's record of 2,980 violations with a whopping 3,293 open violations across 306 separate apartments.
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Policy

Policy

NYC brokerage to pay state $260K after allegedly charging excessive broker fees

Chinatown’s Kimlau Square to receive $56M revamp

Adams looks to develop 24 affordable housing projects on public sites across NYC

NYC to curb ‘community preference’ policy in affordable housing lotteries

NYC’s latest film studio is opening in Long Island City this year

MTA installs new subway platform barriers at 191st Street station

City launches initiative to ‘rainproof’ NYC

Trump name removed from Bronx golf course

Hochul calls for replacement and extension of 421-a tax abatement in NYC

Hochul wants to extend the Second Avenue Subway west into Harlem

NYC seeks feedback on rezoning plan around new Bronx Metro-North stations

Plans to demolish landmarked West-Park Presbyterian Church on hold

Self-filtering floating pool pilot to be installed in NYC this summer

City seeks proposals for sports center at Brooklyn Bridge plaza in Dumbo

NYC wants artists to spice up sidewalk sheds and construction fencing

For $595K, this Turtle Bay pre-war co-op elegantly maximizes every square inch of space

Citi Bike prices are increasing this month

7 historic places in NYC recommended for state and national designation

NYC bans street vendors from all city bridges

NYC rental subsidy aims to build more affordable housing in wealthy neighborhoods

NYC Council approves bill limiting criminal background checks by landlords

East Midtown Greenway opens, with nearly 3 acres of public open space on the waterfront

Paul Rudolph’s Modulightor Building is now an NYC landmark

After 20 years, Pacific Park faces foreclosure and an uncertain future

Vacant hotel near JFK Airport to become 300+ permanently affordable apartments

NYC’s worst landlord has 3,293 open violations across 306 apartments

252 East 57th Street in Midtown East

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