Tag: Real Estate

• City Planning Commission Reviews Queens Blvd Rezoning — Developer Picks MIH Option 1; Neighbors, Officials Push for Deeper Affordability and Retail Protections

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  Aug 13

  The City Planning Commission (CPC) met on Aug. 12, 2026, to review several rezonings and mixed‑use development applications that include Mandatory Inclusionary Housing (MIH) requirements; applicants described a proposed Queens… more ›

• NYC DOF Includes $25M ECB Amnesty in FY2027 Budget — Won’t Disclose Calculation or Participation Rate

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  Aug 12

  The Department of Finance (DOF) told the City Council Finance Committee that the $25 million ECB (Environmental Control Board) amnesty number appears in the adopted FY2027 budget, but officials did… more ›

• Proposed Rezoning at 515 West 57th Would Add 30-Story, 394-Unit Tower in Hell’s Kitchen with About 100 MIH Affordable Units

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  Aug 11

  The City Planning Commission on Aug. 10, 2026 reviewed a private rezoning at 515 West 57th Street in Hell’s Kitchen/Clinton that would remap an M1-5 manufacturing district to C6-12, add… more ›

• Con Edison Seeks Permanent Subsurface Easement Under PS 307 Playground in Vinegar Hill for Brooklyn Clean Energy Hub — Public Hearing Aug. 12, 2026

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  Aug 11

  The City Planning Commission review session on Aug. 10, 2026 examined a Department of Citywide Administrative Services (DCAS) application to grant Con Edison a permanent subsurface easement under the eastern… more ›

• Mamdani Pledges 200,000 Affordable Homes in 10 Years, Unveils $22B Plan and ‘Speed Task Force’ to Fast‑Track NYC Development

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  Aug 10

  Mayor Zohran Mamdani reiterated his administration’s pledge to build 200,000 affordable homes over the next 10 years on the Aug. 5 “Talk With The People” livestream, and described steps —… more ›

• DCP and NYPL Launch “ABCs of City Planning” Story Time at Washington Heights Library — Free Kids’ Copies Distributed

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  Aug 7

  At a story-time event on August 6, 2026, the New York City Department of City Planning and the New York Public Library launched the new ABCs of City Planning at… more ›

• Mamdani touts LIFT Tracker, 200,000-home affordable-housing goal — stops short of promising site-by-site unit counts and timelines

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  Aug 6

  Mayor Zohran Mamdani used an Aug. 5, 2026 “Talk With The People” livestream to promote the LIFT report and a new LIFT Tracker showing city-owned sites for affordable housing, said… more ›

• Summit’s $30M Promise to Repair 5,100 Pinnacle Apartments Lacks Itemized Plan, Escrow or Deadlines

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  Aug 5

  Summit Properties pledged $30 million to repair the former Pinnacle Group rent‑stabilized portfolio after buying it out of bankruptcy, but public statements and city briefings cited so far give only… more ›

• Hunts Point Breaks Ground on Casanova Residences: Mayor Mamdani, Doe Fund Announce 96 100% Affordable Supportive Units — No Construction Timeline Yet

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  Aug 4

  Mayor Zohran Mamdani and partners broke ground Aug. 3, 2026 on Casanova Residences, a 96‑unit, 100% affordable supportive housing development in Hunts Point, Bronx; officials touted a ribbon‑cutting “on time… more ›

• NYC Moves to Speed Housing Approvals: DCP’s ELERP Cuts Zoning Reviews to 90 Days; AHAB Adds 5‑Day Appeal Window

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  Jul 30

  NYC planning officials explained how the new expedited land use review procedure (ELERP) and the Affordable Housing Appeals Board (AHAB) will shorten public review timelines — shrinking many zoning reviews… more ›

• 13527 Sapphire St Preliminarily Selects MIH Option One — 67 Affordable Units Announced, AMI Bands and Rents Still Undecided

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  Jul 30

  New York City Planning Commission public hearing on the 13527 Sapphire Street rezoning in Lindenwood, Queens, recorded July 29, 2026, shows the applicant has preliminarily selected Mandatory Inclusionary Housing (MIH)… more ›

• Coney Island Ave Rezoning at 1455 Coney Island Ave Would Add 300‑Bed Assisted‑Living Facility, Developer Says It Will Create About 630 Jobs

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  Jul 30

  1455 Coney Island Avenue rezoning: City Planning Commission held a public hearing July 29, 2026, on a developer proposal to remap the site from R5/C23 to C4‑5D and build a… more ›

• NYC enforcement recovers $104M for delivery workers; pied‑à‑terre ‘you may be subject’ tax notices mailed — owners face Aug. 21/24 deadlines

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  Jul 30

  Mayor Zohran Mamdani on July 29, 2026 announced that city enforcement of the tipping-transparency law recovered $104 million for delivery workers and answered reporters’ questions about the pied‑à‑terre (non‑primary residence)… more ›

• 240 Nassau Plan Would Finance New Public School with ECF Bonds and 99‑Year Ground Lease of Market Units, City Planning Says

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  Jul 28

  240 Nassau Street finance plan: City Planning Commission review on July 27, 2026 showed the Education Construction Fund (ECF) will issue tax‑exempt bonds, hold title to the new school and… more ›

• Mayor Mamdani unveils five city-run grocery stores with 30% discount and operator RFP — says NYPD arrested suspect in Bronx killing of 12-year-old

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  Jul 28

  Mayor Zohran Mamdani announced a plan for five city-run grocery stores, each offering a 30% discount on essential goods and a request for proposals (RFP) for private operators; he also… more ›