Real Estate
Business owners looking for retail space to site licensed weed stores say the state Dormitory Authority is rejecting locations deemed too close to competing state-leased storefronts.
Hempstead once passed plans to spur apartments near LIRR stations. Now it’s extending a development moratorium.
In her State of the City speech Wednesday, the legislative leader is expected to propose putting up new public housing in unused plots within existing NYCHA developments.
Residents are worried about de facto deregulation in a rapidly gentrifying neighborhood — thanks to limited enforcement of the largely voluntary systems landlords use to register rent-stabilized apartments.
Landlords need Albany action to turn Manhattan commercial buildings into apartments — and that’s just the start of their challenges.
“Those that are expecting an improvement in affordability will be disappointed” says Douglas Elliman analyst Jonathan Miller.
Mayor reports taxable income on the Bed-Stuy rowhouse he declared his residence, after years of fuzzy and questionable deductions.
Now gaining speed, the plan to toll drivers traveling into Manhattan could threaten the existence of several parking facilities south of 60th Street.
Manhattan lawyer alleges state has been shielding role played by property owner Vornado, which has valuable holdings affected by Gov. Kathy Hochul’s Midtown development plan.
Now that a planned ice skating project is officially over, people who live and work in the neighborhood want to participate in creating the next project from the start.
Councilmember Marjorie Velazquez is against the Bruckner Boulevard upzoning, for now. That could prevent the land use proposal near a Super Foodtown from moving forward.
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The developers of the dilapidated empty building near the Cross Bay Bridge long promised a medical facility. The city’s Economic Development Corp. just gave them permission for commercial and office space instead.
Elizabeth Crowley vowed not to take developers’ campaign dollars — but under Citizens United, her union launched a fund mostly paid for by the real estate industry.
As rent-stabilized tenants fear being displaced, the developer has offered only vague promises — and what residents see as ominous plans.
As many as 10 new towers will ring the edge of the much-despised Midtown rail hub to fund possible future transit projects, under Gov. Hochul’s skyline-changing plan.
Four years after Alexandria Ocasio-Cortez stunned Joe Crowley, an AOC-pick is running against cousin Elizabeth Crowley in another primary contest pitting a socialist against a moderate.
A key vote paves the way for megadevelopment in Midtown. Gov. Hochul hopes it will lead to money for a Penn revamp but critics have their doubts.
Echoing the Amazon HQ2 fight, state senators demand a say in Midtown Manhattan redevelopment and hunt for details on vague finances.
Mayor outlines sweeping changes to make housing and other development easier. He’ll need to win over City Council members who just derailed 915 proposed new apartments in Harlem.
Permits are surging during the final days of the 421-a program, which relieves landlords of $1.8 billion a year they say they need to build new housing. Reformers urge a new approach.
Lobbying records indicate Ruben Diaz Jr. is on a six-month $120,000 retainer to lobby the city on behalf of Dynamic Star LLC, the developer behind Fordham Landing. At 40 acres, the anticipated $2 billion development along the Harlem River waterfront dwarfs Hudson Yards.
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