Housing advocates in the City Council scored wins—including an additional $2 billion in capital funds for the Department of Housing, Preservation and Development (HPD) and the New York City Housing…
“The reality is that we have a housing crisis, but the South Bronx cannot bear the burden of affordable housing on its own,” said Councilmember Rafael Salamanca, whose district produced…
The city’s lawmakers and housing agency seem poised to reintroduce and pass a more affordability-focused J-51 tax program to help fix up apartments—but some housing stakeholders are lukewarm on the…
The City Council is pushing for an additional $3.66 billion for affordable housing over the next five years, building on the $10.5 billion the mayor earmarked in his executive budget…
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…
The city’s plan to rezone an approximately 46-block stretch adjacent to the rail line around the future Morris Park and Parkchester/Van Nest train stations is about to turn a corner.…
With additional city agencies now providing more emergency lodging than ever before in a system that officials say is at a breaking point, monitoring the total number of people in…
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…