A December to forget: Multifamily projects slow to a trickle
Five hundred ninety down, 499,410 to go. In December, when Mayor Eric Adams announced a goal of 500,000 new...
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Kathryn Brenzel
Adams seeks to juice housing with Midtown rezoning
Mayor Eric Adams wants to rezone Midtown to help meet his goal of adding half a million homes citywide....
Basement apartment pilot fizzles, showing need for state action
Only five of 800 basement apartment owners who expressed interest in a program to legalize those units ultimately participated,...
Expired 421a deadline jeopardizes 33K housing units
Developers who met initial requirements to qualify for a now-expired property tax break are calling it quits on at...
These were the 10 biggest projects announced in 2022
The largest projects of 2022 were — as the mayor would be happy to know — all residential, although...
Kickback city: Rinaldi exec accused of fleecing developers
A former Rinaldi Group executive stole at least $5 million from seven developers in a construction kickback scheme that...
Here’s what Stuy Town ruling means for rent regulation
After tenants of Stuyvesant Town and Peter Cooper Village scored a major victory, some landlords are worried that it...
Hochul to localities: Build more housing or get out of the way
UPDATED Jan. 10, 2023, 3:50 p.m. Gov. Kathy Hochul on Tuesday laid out a plan that allows New York...
Issue
What’s the Plan B for 421a?
Developers admitted taking a “leap of faith” when they pitched a $2 billion transformation of five blocks of parking lots and industrial buildings in Astoria, Queens. The most publicized aspect of their risk paid...
Stuy Town tenants score major win to keep apartments stabilized
Stuy Town tenants emerged victorious Friday, which could upend landlords’ plans to deregulate scores of other apartments in the...