As state budget negotiations drag nearly two weeks late, a housing deal seems likely to coalesce—but it’s not there yet, as consequential details remain fluid.
Protesters marched outside the Real Estate Board of New York’s Manhattan headquarters Thursday, while others blocked foot traffic in an act of civil disobedience. The NYPD arrested 13 people, including…
As elected officials attempt to hammer out a housing deal before the state’s budget deadline at the end of the month, advocates want lawmakers to know they’re still fighting for…
“A housing package that protects tenants, builds affordable housing, and creates good jobs is possible, but bad actors in the real estate industry would rather hold my members and all…
Mayor Adams’ ‘City of Yes’ housing proposal includes a 20 percent density bonus for developers—if the additional units are income-restricted. While City Hall has yet to finalize exact affordability levels,…
“What we need is not haphazard compromise through gritted teeth, but the embrace of a coherent policy to safely and affordably house more New Yorkers. We need to build more…
Gov. Kathy Hochul’s proposed legislative budget for the new year includes another attempt at replacing the expired 421-a developer tax break. But she’s left lawmakers, construction unions and developers to…
After failing to pass her ambitious Housing Compact proposal last year, Gov. Kathy Hochul is using a lighter touch on housing—but state and city lawmakers have expressed hope for a…
The developer and MTA have come to agreement on the platform needed for three towers, but Greenland USA won’t proceed without a key tax break. As Empire State Development floats…
After dropping the year before, affordable housing production was up again during the 12-month span that ended June 30, officials said Thursday—what advocates say is a welcomed boost but still…