affordable housing

affordable housing, Policy

Photo courtesy of Ed Reed/Mayoral Photography Office on Flickr

Mayor Eric Adams on Tuesday finally released a plan to confront New York City’s housing crisis.  The plan, titled Housing Our Neighbors: A Blueprint for Housing and Homelessness, addresses the city’s range of housing problems with a focus on reforming NYCHA, expanding affordable homeownership opportunities, creating more units of supportive and affordable housing, and eliminating unnecessary administrative barriers to housing for homeless New Yorkers. But unlike many of the affordable housing plans released in recent years, Adams’ plan does not set a clear goal for the number of new affordable housing units created.

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affordable housing, Brooklyn Heights, condos, New Developments

Image credit: Gregg Richards courtesy of BPL

The Brooklyn Public Library on Wednesday opened a new branch at 286 Cadman Plaza West in Brooklyn Heights–the second-largest library in the system (Central Library is the largest). The 26,000-square-foot space will include a children’s area, a teen library, a multipurpose room with a capacity of 225, public meeting rooms, and lots of spaces to enjoy a book or some quiet thoughts. Located within the base of a new luxury residential tower, the library is the result of an unusual redevelopment plan that also included $40 million in repairs throughout the library system and 100 new affordable apartments elsewhere in Brooklyn.

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affordable housing, Hotels, Policy

Governor Kathy Hochul signs hotel conversion bill; photo credit: Darren McGee–Office of Governor Kathy Hochul

Gov. Kathy Hochul today signed a long-awaited bill that will relax the current rules for converting underutilized hotels into permanent housing. The new legislation allows for Class B hotels within–or within 400 feet of–residentially-zoned districts to operate as permanent residences. It also allows hotels which meet those criteria to be used for permanent housing if they enter into an agreement with the city or receive State financing, through the Housing Our Neighbors with Dignity Act (HONDA).

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affordable housing, housing lotteries, Lower East Side

Streetview of Gouverneur Gardens; © 2022 Google

Applications are currently being accepted for newly-opened waitlist spots for studios and two-bedroom middle-income units at the Gouverneur Gardens co-op at 305 Madison Street. New Yorkers earning 125 percent of the area median income can apply to purchase apartments in the post-war development on Manhattan’s Lower East Side, priced from $19,677 for a studio to $35,418.60 for a two-bedroom.

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affordable housing, Green Design, Jamaica, New Developments, Queens

Courtesy of Ed Reed/Mayoral Photography Office on Flickr

Mayor Eric Adams on Wednesday announced a milestone has been reached in a major project designed to improve quality of life and tackle the affordable housing crisis in Southeast Queens. Construction has begun on “Habitat Net Zero,” a project that will transform 13 run-down buildings owned by the New York City Housing Authority (NYCHA) into 16 green homes for affordable homeownership.

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affordable housing, Brooklyn, Crown Heights, Policy

Streetview of 1214 Dean Street © 2022 Google Maps

Mayor Eric Adams and New York Attorney General Letitia James on Wednesday announced a $2.25 million settlement against Gennaro Brooks-Church and Loretta Gendville, who attempted to illegally evict tenants at their Brooklyn property during the pandemic in violation of the state’s moratorium, and reportedly ran an illegal hotel operation over the course of several years. By terms of the settlement, the property located at 1214 Dean Street in Crown Heights will be turned over to the city and transformed into affordable housing, with the previous owners paying $250,000 in fines.

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affordable housing, Policy

Mayor Eric Adams presents New York City’s $98.5 billion Preliminary Budget for Fiscal Year (FY) 2023. City Hall. Wednesday, February 16, 2022. Credit: Ed Reed/Mayoral Photography Office via Flickr.

Mayor Eric Adams released the city’s preliminary budget for fiscal year 2023 last Wednesday, placing emphasis on public safety, employment, and aiding the plight of the city’s youngest residents by addressing childcare and at-risk youth. While the mayor’s safety-focused policy actions–prohibiting homeless people from sleeping in subway stations, for example–made headlines, advocates for equitable housing and the homeless say the proposed budget is a disappointment without a previously promised focus on those basic needs.

More on where the money’s going, this way

affordable housing, Hotels, Policy, Upper West Side 

Streetview of 258 West 97th Street © 2022 Google

As part of a larger plan to create much-needed affordable housing, Mayor Eric Adams has expressed his support for converting hotels to residential units. In the first such attempt by his administration, Adams announced on Monday plans to convert what had been an illegal hotel at 258 West 97th Street on the Upper West Side into 80 new units of housing primarily for formerly homeless and low-income New Yorkers.

More on illegal hotels and new housing

Featured Story

affordable housing, Features, Policy, real estate trends

Mayor Eric Adams announces his housing leadership team in the rotunda at City Hall on Sunday, January 30, 2022. Michael Appleton/Mayoral Photography Office via Flickr.

Shortly after taking office last month, New York City Mayor Eric Adams introduced the team that will take the lead on affordable housing strategy, headed by Jessica Katz as the city’s chief housing officer. The announcement came not a moment too soon; rents and home prices continue to rise beyond the reach of many, while homelessness and eviction threats are a growing concern. In a city where the topic of housing is never far from view every day, New Yorkers are looking to the new mayor to address the issues they feel must change. 6sqft asked individuals and organizations involved in the city’s housing and real estate sectors to offer an important “wish list” item they would like to see Adams address during his time in office.

A housing wish list from NYC to Mayor Adams, this way

affordable housing, Brooklyn, Coney Island

Rendering courtesy of BFC Partners

BFC Partners announced on Monday the groundbreaking for the second phase of their 100 percent affordable housing project in Coney Island. Located at 1607 Surf Avenue, the roughly 361,000-square-foot mixed-use development contains 376 affordable rental units, 9,000 square feet of community space, and 11,000 square feet of commercial space. The $189 million project also includes a new primary care location run by New York City Health and Hospital Corporation.

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