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State releases small portion of $2B promised for housing
06
State officials approved $150 million in funding for affordable and supportive housing, a fraction of the $2 billion in the state budget that Gov.
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New rules for building owners after Legionnaires’ outbreak
07
New York Governor Andrew Cuomo has announced state-wide emergency regulations to stop the spread of Legionnaires’ disease. The new requirements, which
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Cuomo pushed rent-controlled tenants to take buyouts at West Village Houses
05
It was December 5, 2003, and negotiations were stalled. Hoping to coax his rent-controlled tenants into buyouts, Andrew Farkas brought an independent housing
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State lawmakers revive 421a tax break
05
The New York State Legislature has revived the 421a tax abatement program, ending a stand-off that has persisted for over a year. Now rebranded as Affordable
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Cuomo gets government out of building business and puts private sector in charge of new subway
05
Governor Andrew Cuomo unveiled design plans for a “reimagined” New York City subway system on Monday. The improvement plan, which Cuomo described as a
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Skanska celebrates opening of LaGuardia flyover ramp
06
Skanska executives and employees working on the transformation of LaGuardia Airport’s Terminal B celebrated the opening of a new flyover ramp at a press
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Architects being sought for Hurricane Maria memorial
05
A search is now underway for architects and artists who will design and execute a Hurricane Maria memorial honoring the victims and survivors of Hurricane
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New LaGuardia AirTrain coming soon
05
The Federal Aviation Administration (FAA) has given the go-ahead for a new AirTrain at LaGuardia Airport. The decision follows a months-long environmental
Deals & Dealmakers
City cracking down on 421a abuses as new program kicks in
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Two weeks after the 421a tax program was resuscitated when the Real Estate Board of New York (REBNY) and the Building & Construction Trades Council
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NYC expands restaurant dining capacity
07
Governor Andrew M. Cuomo and Governor Phil Murphy today announced that New York City and New Jersey will expand indoor dining capacity to 50 percent beginning March 19.
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New York launches high-tech COVID fast pass
07
Governor Andrew M. Cuomo announced a pilot program to test the Excelsior Pass during events at Madison Square Garden and Barclays Center.
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Port Authority taps Brookfield, Silverstein JV to build 5 WTC
06
The Port Authority of New York and New Jersey Board of Commissioners and the Lower Manhattan Development Corporation Board (LMDC) voted today to approve