News & Analysis as of

New York Affordable Housing Economic Development

Herbert Smith Freehills Kramer

City Council Approves Midtown South Mixed-use Plan

On August 14, 2025, the New York City Council voted to approve the Midtown South Mixed-Use Plan, as modified by the City Council Land Use Committee....more

Cozen O'Connor

City Council Approves Atlantic Avenue Mixed Use Plan

Cozen O'Connor on

On May 28, 2025, the New York City Council approved the city-led Atlantic Avenue Mixed Use Plan (AAMUP, pronounced "aim up"), rezoning a low-density industrial stretch of Atlantic Avenue and surrounding blocks in Brooklyn’s...more

Farrell Fritz, P.C.

From Vacancy to Vibrancy: Empire State Development’s Vision for Long Island Housing

Farrell Fritz, P.C. on

On March 27, 2025, Empire State Development, New York State’s chief economic development agency, announced the launch of the Long Island Forward Housing Program (LIFHP), a $10 million initiative designed to promote and...more

Cozen O'Connor

Major Long Island City Rezoning Enters Public Review

Cozen O'Connor on

On April 21, 2025, the New York City Planning Commission (CPC) certified the city-led Long Island City Neighborhood Plan, known as OneLIC, into public review. OneLIC seeks to build on Long Island City’s status as one of...more

Cozen O'Connor

New York Note: Tin Cup Day, Minority Leader, NYC AI Nexus

Cozen O'Connor on

Last Tuesday, Mayor Adams, along with other mayors of cities throughout New York State, stated the city’s priorities at the state budget “tin cup day.” Adams advocated for “Axe the Tax for the Working Class” legislation,...more

Cozen O'Connor

City Council Approves Bronx-Metro North Rezoning

Cozen O'Connor on

On Aug. 15, 2024, the New York City Council approved the Bronx-Metro North Neighborhood Plan, the first New York City Department of City Planning-led neighborhood plan certified and approved under the Adams administration....more

Akerman LLP

New York’s 421-a (16) Program Extension

Akerman LLP on

To address the ongoing need for affordable housing in New York, Governor Hochul and the state legislature have passed additional incentives to spur affordable housing development....more

Cozen O'Connor

City of Yes for Housing Opportunity to Include New, Higher-Density Residential Zoning Districts

Cozen O'Connor on

On March 28, 2024, the Adams Administration announced that its City of Yes for Housing Opportunity zoning proposal would, if approved by the City Council, introduce new, higher-density residential zoning districts to New York...more

Cozen O'Connor

NYC Mayor Adams Launches Extensive Zoning Initiative to Promote Residential Development

Cozen O'Connor on

On September 21, 2023, the Adams administration revealed details for the third of three City of Yes zoning initiatives, City of Yes for Housing Opportunity. In line with Mayor Adams’ moonshot goal of providing 500,000 new...more

Cozen O'Connor

Mayor Adams Outlines Vision for "City of Yes"

Cozen O'Connor on

On June 1, New York City Mayor Eric Adams announced his “City of Yes” plan to amend the city’s zoning tools to support small businesses, create affordable housing, and promote sustainability. His plan includes three major...more

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