Developers can expect de Blasio to mirror Bloomberg
Bill de Blasio, a liberal Democrat who wants to govern New York City, will be more like outgoing Mayor...
rafael cestero
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Two Trees nears $160 million deal for Domino Sugar factory
Two Trees Management is in talks to purchase the Domino Sugar Factory site on the Williamsburg waterfront for $160...
Affordable housing project to revive stalled Brooklyn condo site
The site of a stalled Prospect-Lefferts Garden condominium is set to become a city-subsidized middle-income housing project in the...
City may extend deadline for 421-a tax breaks
The city may extend the deadline for developers of multi-family buildings aiming to qualify for the coveted 421-a property...
HPD lists NYC’s most distressed buildings
New York housing officials have identified 200 buildings they say are the most poorly maintained in the city, racking...
Housing commissioner to leave post
Rafael Cestero, the commissioner of the city’s Department of Housing Preservation and Development, will be leaving his position to pursue an opportunity in the private sector. During his five years at HPD, Cestero “put...
Buyers take advantage of distressed buildings
Rafael Cestero With mounting numbers of buildings in foreclosure and others in disrepair, city officials and housing advocates say...
Taxes blocking Stuy Town transfer
While Stuyvesant Town and Peter Cooper Village owners Tishman Speyer and BlackRock Realty said they’d transfer control of the residential complex to creditors two weeks ago, that promise hasn’t come to fruition, due in...
City on track to create 100,000th affordable housing unit by the end of the year
The effort to increase affordable housing in the city is remaining in high gear despite recurring budget cuts elsewhere....
Housing Preservation commissioner refutes NYU affordable housing study
Approximately 20,000 affordable homes have been lost in New York City from 2002 to 2008, due to rent deregulations...