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.
Deals & Dealmakers
Camber, Belveron, HPD close $75M deal to keep Bronx homes affordable
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Camber Property Group, Belveron Partners, and the New York City Department of Housing Preservation and Development (HPD) last week closed on the $75 million
Construction & Design
Arker, Slate open affordable apartment development
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A new 14-story affordable housing complex has opened in the Jamaica neighborhood of Queens. Located at 92-61 165th Street, Archer Avenue includes 89 units
Deals & Dealmakers
City strikes deal to keep 700 apartments affordable
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The city has struck a deal with a private investment group that will prevent nearly 700 New York apartments being converted to market rate prices.
Construction & Design
Citigroup pumps $250M into affordable housing
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By Orlando Lee Rodriguez RAFAEL CESTERO The Community Preservation Corporation has secured $250 million in financing from Citigroup, the New York based
Deals & Dealmakers
HPD opens registration for multifamily building owners
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New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been issued a reminder to property owners and managing agents
Construction & Design
City seeks big ideas for small lots
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The New York City Department of Housing Preservation and Development (HPD) and the American Institute of Architects New York Chapter (AIANY) have launched
Debt & Equity
CPC, Goldman Sachs creates $70M loan facility for affordable homes
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The Community Preservation Corporation, a non-profit affordable housing and community revitalization finance company, and Goldman Sachs have created $70
Construction & Design
City kicks off review for Staten Islandʼs Bay Street corridor plan
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City Planning Commission (CPC) Chair Marisa Lago announced that the CPC launched public review for the land use portion of the Bay Street Corridor Neighborhood Plan.
REBNY Watch
City’s affordable housing plan moving in the right direction
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Across New York City, everyone can agree that we are in a desperate need to create more housing, especially affordable rental housing. Finding a safe
Deals & Dealmakers
City plays matchmaker in affordable market to head off ‘predatory investors’
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City Hall wants to play matchmaker for affordable housing sellers and preservation-minded buyers. Hoping to safeguard communities from “predatory investors”—developers
Construction & Design
Bronx church land to become new community
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Work has gotten underway on 1755 Watson, a new affordable housing development that will bring 326 new affordable apartments to the Soundview neighborhood of the Bronx.