Construction & Design
Dattner to turn medical center into affordable housing complex
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Kingsbrook Medical Center will be redeveloped as a 266-unit affordable housing complex Dattner Architects has been selected to design Kingsbrook Estates
Deals & Dealmakers
$68M Greystone loan will protect affordable housing for seniors
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Greystone has provided a $68,500,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a Section 8 seniors housing property.
Construction & Design
Ground broken for Bronx development
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Rendering of the new Park Haven property. Ground has been broken for Park Haven, a 178-unit affordable housing development at 345 St. Ann’s Avenue in Mott Haven.
Construction & Design
City celebrates completion of first phase of low income Bronx project
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Rendering of the new Lambert Houses City officials joined Phipps Houses to celebrate the opening of the first completed residential building in the Lambert
NYSAFAH News
Multi-faith coalition could answer the prayers of New Yorkers struggling with housing affordability
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Millions of families in New York are struggling to find a quality home at an affordable price during our continuing housing crisis. This is a statewide
Deals & Dealmakers
Landlords lambast legal aid plan
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The real estate industry rounded on Mayor Bill de Blasio after a State of the City speech that included plans for a new mansion tax and legal aid for tenants
Lawsuits
City yanks 421a benefit from 1,700 property owners
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More than 1,700 property owners who have not complied with the requirements of the 421a program have had the benefit yanked as part of a crackdown on rule-breakers.
Deals & Dealmakers
Proposal to turn flophouse into TOD development moves forward
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Nassau County Industrial Development Agency (IDA) Chairman Richard Kessel announced that the agency has given preliminary approval to a package of economic
NYSAFAH News
YIMBY Act shows housing activists make a difference
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Although the conversation around the national housing affordability crisis tends to focus on major metropolitan areas like New York City, Washington D.
Construction & Design
Co-living industry sees opportunity in city’s ShareNYC program
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City Hall is putting together a co-living program as part of its ongoing effort to address the growing housing affordability crisis in the five boroughs.
Featured
Report shows most affordable New York housing gets tax break
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By REBNY President John Banks REBNY recently analyzed publicly available data from the New York City Department of Housing Preservation and Development
Deals & Dealmakers
NYC financed 21,963 affordable homes in 2016, most in 27 years
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Ten months before the next mayoral election, Mayor Bill de Blasio is touting his achievements in affordable housing, saying that his administration is