hpd

The Latest

De Blasio selects Louise Carroll as new
HPD chief

May 06, 2019 08:30AM

There’s a new commissioner in town. Mayor Bill de Blasio has tapped Louise Carroll, currently general counsel of the...

Mayor taps Vicki Been as new housing czar

by Kathryn Brenzel | April 04, 2019 11:48AM

Vicki Been, after spending  just two years away from City Hall, is returning as Deputy Mayor of Housing and Economic Development. Been is taking over for Alicia Glen, who stepped down in March, Mayor...

City taps developers, nonprofits for two Hudson Yards projects

February 14, 2019 08:30AM

Hudson Yards is getting two new projects, and these aren’t luxury focused. Housing Preservation Development Commissioner Maria Torres-Springer announced...

Richman Group lands $189M for massive East Harlem project

January 11, 2019 04:00PM

Richman Group has landed a $188.5 million financing package to construct of one of the biggest projects coming to...

NYC is suing lenders over “zombie homes”

by David Jeans | September 19, 2018 06:15PM

The city is taking on lenders of “zombie homes” — decrepit, vacant, distressed houses with unpaid mortgages, which have...

State comptroller raises questions about spending at Mitchell Lama development

September 07, 2018 09:00AM

The city’s Department of Housing Preservation and Development needs to keep a tighter leash on spending by Mitchell Lama...

Ravitch strikes deal with city to keep 325 units at Waterside Plaza affordable

August 09, 2018 03:00PM

Richard Ravitch struck a deal with the city that will keep about a quarter of the roughly 1,400 units...

Why the city is handing private developers 95 resi buildings

July 18, 2018 11:30AM

The City Council is about to let ownership of 95 rental buildings and co-ops transfer to private developers. The...

Are you a condo developer? Do you want a tax exemption? HPD says you better sell all your units first

by Will Parker | December 06, 2017 07:00AM

When the state legislature revived the controversial 421a tax abatement in April, it drastically limited the number of exemptions available to condominium developers. And...

Essex Crossing developers land Wells Fargo loan, kick off phase II

by Konrad Putzier | November 03, 2017 09:00AM

The Essex Crossing developers secured a $34 million construction loan from Wells Fargo to build an affordable senior housing...