Deals & Dealmakers
City adds 10,000 units to housing target to address rising homelessness
00
New York City’s affordable housing plan got a revamp from the Department of Housing Preservation and Development, amid recent criticism over homelessness
Featured
HPD adds 250 buildings to list of targeted slumlords
00
New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announced that 250 apartment buildings have been
Banking and Finance
First Downpayment Assistance deal closes in the Bronx
00
Settlement Housing Fund (SHF) has purchased the first property to be sold under the city’s new Downpayment Assistance Fund. 1415-1417 Wythe Place
Construction & Design
City seeks proposals for flood resistant homes in floodplain
00
The New York City Department of Housing Preservation and Development (HPD) will begin accepting proposals to develop new affordable homeownership opportunities
Construction & Design
$33M resiliency program launched at Knickerbocker
00
Knickerbocker Village, the Lower East Side development still reeling from damage from Hurricane Sandy, is to get a multi-million upgrade to protect it
Construction & Design
City unveils massive Gowanus rezoning plan
00
The city has released details of a plan to rezone swathes of Gowanus to support new housing, jobs and green space. The proposal covers an area roughly
Construction & Design
City selects some big ideas for building homes in little spaces
00
Michael Sorkin Studio submitted a design for a seven-unit terraced property. The New York City Department of Housing Preservation and Development (HPD)
Residential
HPD allocates $18M in tax credit for 13 affordable housing projects
00
The New York City Department of Housing Preservation and Development announced the allocation of $18.1 million in housing credits for 13 developments that
Construction & Design
City wants to turn 2 East Harlem sites into homes
00
New York City Department of Housing Preservation and Development (HPD) Commissioner Louise Carroll has announced the release of a competitive Request for
Construction & Design
Foxy Management opens first property built under city’s new senior zoning regs
00
The 168-unit Bronx property was built under new zoning regulations Developer Foxy Management has opened a new senior housing property at 1880 Boston Road
Deals & Dealmakers
L+M, Invesco to make $1B apartment portfolio affordable
00
L+M Development Partners and Invesco Real Estate today announced entering into a contract to purchase and preserve five former Mitchell-Lama developments
Debt & Equity
City files lawsuit against ‘zombie homesʼ mortgage holders
00
The city has filed lawsuits against the mortgage holders of five zombie properties — vacant, distressed, one-to-four family homes with delinquent mortgages