News & Analysis as of

Affordable Housing City of New York

Akerman LLP

New York City Council Approves the “Atlantic Avenue Mixed-Use Plan”city=o

Akerman LLP on

The New York City Council approved the Atlantic Avenue Mixed-Use Plan (AAMUP) on May 28, 2025. This initiative represents a significant rezoning aimed at transforming a key corridor in Central Brooklyn, which has been zoned...more

Akerman LLP

New York City Council Passes “City of Yes for Housing Opportunity”

Akerman LLP on

On December 5, 2024, the New York City Council approved the “City of Yes for Housing Opportunity” text amendment, as modified by the City Planning Commission, following recommendations from the Zoning and Franchises...more

Goulston & Storrs PC

Local Law 97 Compliance With Affordable Units

Goulston & Storrs PC on

New York City enacted Local Law 97 in 2019 to help reduce greenhouse gas emissions generated by buildings throughout the City. ...more

Cole Schotz

City of Yes Proposal Offers Increased Housing Development Opportunities

Cole Schotz on

For over a year now, the City of Yes (“CoY”) zoning update, which aims to bring back more flexibility and density in development across the City, has been a hot topic of conversation in the New York City development sphere....more

Sheppard Mullin Richter & Hampton LLP

City Council Approves City of Yes for Economic Opportunity, with Modifications

The New York City Council voted to approve a modified version of the City of Yes for Economic Opportunity (“COYEO”) text amendment, the second in a trio of City of Yes initiatives which aim to: (1) promote sustainability (the...more

Cozen O'Connor

New York City Releases Proposed Text for City of Yes for Housing Opportunity

Cozen O'Connor on

On April 11, 2024, the New York City Department of City Planning (DCP) released the draft zoning text for the City of Yes for Housing Opportunity proposal, the third of the Adams administration’s City of Yes zoning...more

ArentFox Schiff

NYC’s Rent Stabilization Laws Upheld by Supreme Court in Light of Affordable Housing Challenges Nationwide

ArentFox Schiff on

On February 20, the US Supreme Court declined to hear challenges brought by rental unit owners to recent changes made to New York City’s Rent Stabilization Laws. Since these changes went into effect in 2019, news outlets have...more

Harris Beach Murtha PLLC

Tax Bill Expected to Spur Affordable Housing Development

The U.S. House of Representatives overwhelmingly passed legislation this week that is predicted to finance hundreds of thousands of affordable housing units, helping New York City and state housing agencies struggling to meet...more

Pillsbury - Policyholder Pulse blog

Navigating Insurance for NYC’s $708M Lawsuit Against 17 Bus Companies

In recent months, the United States-Mexico border has seen an unprecedented surge of migrants. With this wave, various state and local authorities across the nation have expressed a strain on their public resources and...more

Sheppard Mullin Richter & Hampton LLP

Mixed-Income Market Initiative: NYC’s Attempt to Spur Affordable Housing Development

It is no secret that New York City continues to face an affordable housing crisis. Many experts believe this boils down to a supply problem, yet others remain skeptical. However, a recent Furman Center publication addressed...more

Harris Beach Murtha PLLC

Tax Abatement Replaces J-51 Program to Promote Affordable Housing Improvements in New York City

Harris Beach Murtha PLLC on

Governor Kathy Hochul recently signed legislation authorizing a new tax abatement to promote improvements to affordable housing in New York City. In June 2023, lawmakers in New York State passed the Affordable Housing...more

Troutman Pepper Locke

NYSDEC Sends Letter Outlining Upcoming BCP Submittal Milestones

Troutman Pepper Locke on

On July 20, the New York State Department of Environmental Conservation (NYSDEC) sent a letter to Brownfield Cleanup Program (BCP) applicants, consultants, and attorneys that provides an update regarding 2023 Certificate of...more

12 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide