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City of New York Real Estate Development

Akerman LLP

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

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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”

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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

Seyfarth Shaw LLP

Appeals Court Reinstates Legal Challenge to Local Law 97 Governing Emissions of Greenhouse Gases by Big Buildings in New York City

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In April 2019, the New York City Council passed Local Law 97 (“LL 97”) as part of the Climate Mobilization Act. LL 97 imposes strict restrictions on greenhouse gas emissions for buildings 25,000 square feet or larger and...more

Akerman LLP

NYC Department of Finance Accepting FY 2024-2025 ICIP and ICAP Renewals Until January 5, 2024

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The New York City Department of Finance requires that properties receiving benefits under the Industrial Commercial Incentive Program (ICIP) file a Certificate of Continuing Use (CCU) to renew the real estate benefits for the...more

Davidoff Hutcher & Citron LLP

What Are 7 Things You Should Have in a Construction Period License?

Section 3309 of the NYC Building Code requires property owners planning construction to safeguard neighboring properties from damage and protect persons from injury.  Neighboring property should be protected from typical...more

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