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Real Estate Development New York City Councils

Cozen O'Connor

New York Note: FY26 Budget Passage, City Legislation, Brooklyn Power 100

Cozen O'Connor on

On June 30, the City Council formally adopted the $115.9 billion FY 2026 budget. The budget includes funding to pilot a new free child care program for children under 2 years old, along with a significant increase in City...more

Cozen O'Connor

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

Cozen O'Connor on

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

Cole Schotz

NYC City Council Takes Steps to Reduce Impact of Sidewalk Sheds

Cole Schotz on

Our last post described the changes driven by the New York City Council in its effort to reduce the number and duration of sidewalk sheds found across the city. In addition to the sheer number of sheds in place at any given...more

Cole Schotz

NYC City Council Takes Aim at Overabundance of Sidewalk Sheds

Cole Schotz on

That New York City, in particular Manhattan, is awash in sidewalk sheds is news to no one. This spring, the New York City Council passed several new bills with the intention of curtailing the number of sheds, as more than...more

Cozen O'Connor

Broad Street Brief: FY26 Budget Negotiations Entering HOME Stretch

Cozen O'Connor on

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

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

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

Cozen O'Connor

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

Cozen O'Connor on

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

Akerman LLP

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

Akerman LLP on

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

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