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Government briefs: TRD’s monthly roundup of regulatory news

A rendering of Seward Park
A rendering of Seward Park

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From the June issue: In this month’s roundup of government news affecting the real estate industry, TRD looks into the bid process for the Seward Park site on the Lower East Side. Some of the city’s top developers — such as Forest City Ratner and Related Companies — submitted bids for the parcel. We also check in on the Hurricane Sandy aftermath, with news of thousands of owners of damaged co-ops being denied Federal aid. The reason? The government classifies co-ops as businesses, not personal property. Click here to see these stories and more.

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