News & Analysis as of

Real Estate Development New York Affordable Housing

Cozen O'Connor

Cozen Cities - June 25, 2025

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NEW YORK—Waymo Applies for NYC Permit - Waymo, Alphabet’s self-driving car unit, plans to begin manually operating vehicles in Manhattan as a first step toward launching autonomous ride-hailing in New York City. The company...more

Cozen O'Connor

Public Engagement Begins on 'Manhattan Plan' to Increase Housing Production

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On June 20, 2025, the Adams Administration and the Department of City Planning (DCP) initiated public engagement for the 'Manhattan Plan,' a proposal to add 100,000 new homes in Manhattan over the next decade. The Plan aims...more

Cozen O'Connor

Broad Street Brief: FY26 Budget Negotiations Entering HOME Stretch

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FY26 Budget Negotiations Entering HOME Stretch - Thursday marks the final opportunity for the City Council to advance bills—including those tied to Mayor Cherelle Parker’s $6.7 billion proposed budget and Housing...more

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

Cozen O'Connor

City Council Approves Atlantic Avenue Mixed Use Plan

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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

Cozen O'Connor

New York Note: Elizabeth Street Garden, Special Election, 5 Times Square

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Deputy Mayor Randy Mastro is considering cancelling a planned affordable housing development at Elizabeth Street Garden. He has suggested that the apartments instead be built on a nearby lot, which was initially reserved for...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

Akerman LLP

City of Yes Updates: HPD's New Universal Affordability Preference (UAP) Application Now Available

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The New York City Department of Housing Preservation and Development (HPD) released the City's new Universal Affordability Preference (UAP) Application. The program requirements and process for the new UAP program are very...more

Cozen O'Connor

Major Long Island City Rezoning Enters Public Review

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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

Herbert Smith Freehills Kramer

Litigation To Invalidate ‘City of Yes’ Zoning for Housing Opportunity Initiated

A group of seven New York City Council members announced this morning that they, together with other elected officials, civic organizations and individuals, were initiating litigation to challenge the validity of the whole of...more

Cozen O'Connor

Jamaica Rezoning Plan to Enable New Housing and Jobs Enters Public Review [Alert]

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On March 20, 2025, the New York City Planning Commission (CPC) certified the city-led Jamaica Neighborhood Plan into public review. The plan would facilitate the creation of 12,000 new residential units, including...more

Harris Beach Murtha PLLC

“Good Cause” Eviction Law passed in the City of Rochester

The City of Rochester recently became the largest city in New York outside of New York City to adopt “Good Cause” eviction protections in its local law. The enhanced rental protections include limitations on rent increases...more

Cozen O'Connor

Midtown South Mixed-Use Rezoning Plan Enters Public Review

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On January 21, 2025, the New York City Planning Commission (CPC) certified the city-led Midtown South Mixed-Use (MSMX) Plan into public review. The MSMX Plan is the first piece of the Adams administration’s “Manhattan Plan,”...more

Cozen O'Connor

News in New York – Review of City Land and Off-Hour Delivery Incentive Program

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Mayor Adams has issued an Executive Order, directing city agencies to review city-owned and controlled land for potential housing development. The executive order formally establishes the City Housing Activation Task Force,...more

Cozen O'Connor

New York Note – Nonprofits, City Legislation, Rent Guidelines Board

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Mayor Adams has appointed a new Executive Director of the Mayor’s Office of Nonprofit Services, Johnny Celestin. Celestin most recently served as Deputy Director for the Mayor’s Office of Minority- and Women-Owned Business...more

Harris Beach Murtha PLLC

NY Considers Faith-Based Affordable Housing Act to Address Housing Shortage

The Housing Construction and Community Development Committee is currently considering the Faith-Based Affordable Housing Act (the “Act”), a new law allowing religious corporations or certain religious nonprofit corporations...more

Akerman LLP

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

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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

NYC Mayor Adams Launches Extensive Zoning Initiative to Promote Residential Development

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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

Sheppard Mullin Richter & Hampton LLP

It’s About Damn Time

The City and State of New York have made a handful of announcements regarding plans to roll out imminent changes to the real estate development process to help encourage development and tackle the City’s affordable housing...more

Farrell Fritz, P.C.

Governor Hochul’s Ambitious Statewide Strategy to Address New York’s Housing Crisis

Farrell Fritz, P.C. on

As part of her 2023 State of State address, Governor Kathy Hochul announced a statewide strategy to address New York’s housing crisis by building 800,000 new homes over the next decade. The plan, dubbed as the “New York...more

Goulston & Storrs PC

Governor Kathy Hochul Proposes New York State Housing Compact

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On January 10, New York Governor Kathy Hochul announced The New York Housing Compact, a series of proposals to grow the housing stock across New York State. The Compact aims to build 800,000 new homes statewide over the next...more

Cozen O'Connor

Mayor Adams Announces “Get Stuff Built” Plan

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Following New York City Mayor Eric Adams’ announcement of his “City of Yes” plan in June, the Building and Land Use Approval Streamlining Task Force (BLAST) released the “Get Stuff Built” report last week detailing 111...more

Akerman LLP

Housing Our Neighbors: A Blueprint for Housing and Homelessness

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On June 14th, 2022, New York City Mayor Eric Adams released his much-anticipated housing plan entitled “Housing Our Neighbors: A Blueprint for Housing and Homelessness.” In his announcement, Mayor Adams outlined his...more

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