Four New Residential Projects Underway in Brooklyn Heights
YIMBY recently checked in on the progress of four residential projects under construction across Brooklyn Heights.
Housing & Land Use 478 stories
LPC To Review Revised Proposal For All-Affordable Project at 257 Canal Street In Soho, Manhattan
The New York City Landmarks Preservation Commission (LPC) is expected to vote tomorrow on 257 Canal Street, a 20-story affordable housing building in Soho, Manhattan.
‘It Is the Time to Go Bold’: Alex Bores on New York’s Role in Regulating AI
The Assemblymember behind the RAISE Act says states can’t wait for DC — and describes how the industry weakened New York’s landmark AI safety law.
Is It Finally COPA’s Year?
The Community Opportunity to Purchase Act (COPA), which would give some tenants and community groups pathways to bid early on certain buildings that go up for sale, finally has support of Council, city housing…
Top 10 Brooklyn Real Estate Listings: A Crown Heights Condo
The most popular listings on Brownstoner this week include a Ditmas Park co-op, a Bed Stuy row house, and a Park Slope limestone.
Top 5 Stories on Brownstoner This Week: Condo Builder Refunds Duped Buyers
Developer of Creative Spaces Scoops Up Carroll Gardens Rite Aid Site The identity of the mystery buyer of the former Rite Aid site in Carroll Gardens has been revealed, thanks to the sale hitting public records this…
Azimuth Sells Bronx Educational Facility to Equality Charter School for $55M
Azimuth Development Group has handed over ownership of a school facility in the East Bronx that appears to have been a build-to-suit construction job for the firm.
Work Starts on New Project at Long-Stalled Site Next to Landmarked ‘Burg Bank
More than a decade after a 40-story hotel was first pitched for 159 Broadway, work is finally under way on the new development, next to the landmarked Williamsburgh Savings Bank -- and it's a much smaller project than…
Upper Manhattan Empowerment Zone Relocates HQ to 9K SF at 119 West 125th Street
The nonprofit Upper Manhattan Empowerment Zone Development Corporation (UMEZ) is moving its nonprofit headquarters to 119 West 125th Street in Harlem, Commercial Observer has learned.
New Player Enters Debate Over Vacant Rent Stabilized Apartments, & What Else Happened This Week in Housing
Unlock Our Housing NYC, a new nonprofit founded by property owner advocate Jay Martin, says there is common ground for landlords and tenants on one issue: the tens of thousands of vacant rent stabilized units in the…
NYC landlords likely to lose challenge of rent freeze, legal experts say – but a win could throw rent-stabilized leases into chaos
Landlords who have sued to reverse the Rent Guidelines Board’s June decision to freeze the rent on nearly 1 million stabilized apartments will probably lose their case against the city seeking to do so, legal experts…
Multifamily Developer LCOR Buys Taconic’s UES Life Sciences Site for $73M
Taconic Partners has parted with another life sciences project in Manhattan.
Daily Links: Brooklyn Rents Continue to Rise as Inventory, Signed New Leases Drop
In the News New York’s Biggest Film Fans Wolf Down Hot Dogs in Bushwick [NYT] OK, So This Is How You Run a Brooklyn Restaurant [NYT] Woman Stabbed in Jay St.-Metrotech Subway Station [NYDN] John Dewey Middle School…
Where Has Construction Automation Been Successful?
Construction is famously labor intensive: direct labor makes up close to 50% of the cost of constructing a new single-family home in the US, compared to around 6 to 8% of the cost of manufacturing a car.
LPC OKs Design for Greenpoint Slaughterhouse, Firehouse Condos
The Landmarks Preservation Commission signed off on the design for a 10-unit condo project that will include a modern new building and the restoration of an historic firehouse.
City Council Approves Mamdani’s Nominee for Key Housing Post, Despite ‘Reservations’
Lawmakers approved John Mangin to chair the Board of Standards and Appeals, following a tense nomination hearing where some criticized him as dismissive to local residents' concerns about new development.
Roadway Moving, Contenur Take Combined 231K SF at Innovo’s 28-90 Review Avenue
Innovo Property Group signed expansive leases for two industrial tenants in one of the company’s developments in Long Island City, Queens.
Hochul Pitches IBX Transit-Oriented Housing ‘Dream’
"This will be the embodiment of the dream to have more transit-oriented development," the governor said.
S3 Capital Lends $45M to Build Williamsburg Apartments on Church Land
A Brooklyn developer got a higher calling for its latest multifamily project.
Greater Jamaica Development Corp. opens applications for citywide minority- and women-owned business accelerator
A citywide entrepreneurial growth accelerator for established minority- and women-owned businesses has launched applications for its exclusive 12-week initiative, operated by the Greater Jamaica Development Corporation…
Daily Links: High Profile Developers Team Up to Rezone for Carroll Gardens Tower
In the News In Brooklyn, a Landscape Designer Turned a Gray Roof Green [NYT] She Fell for New York the Second Time Around [NYT] Art, Conservation Collide in ‘Aqua Cosmos’ at Brooklyn Bridge [Eagle] Years After 9/11, the…
Housing Report: New York City Has Approved 6,732 New Residential Units This Year Through August
The Center for New York City and State Law is partnering with the Real Estate Board of New York (REBNY) to provide a monthly report tracking relevant hearings, votes, and approvals for new housing — also known as…
NYU Langone Plans To Build Medical Facilities at AMC Kips Bay Property, Lawmaker Says
NYU Langone Health will likely build outpatient and ambulatory care facilities at a Kips Bay property that currently houses a beloved AMC movie theater slated to close by the end of the year, state Assemblymember Keith…
‘Like Science Fiction’: Resident Votes and Virtual Reality Drive NYCHA Campus Transformation
Maria Guzman, 71, said she couldn’t believe that a man who helped her garden for a few minutes one afternoon would, within weeks, donate millions of dollars to redesign 33,000 square feet of outdoor space at her public…
Op-ed | Bay Ridge is losing its zoning vote. We must act now.
Residents of Bay Ridge: As someone who loves and cares deeply about our neighborhood, I have concerning news to share about the future of development here.
Upstate New York’s Biggest Cities Are Building for Bikes
Buffalo, Rochester, Syracuse, and Albany are starting to invest in safer streets for cyclists, advocates say.
Women’s Clothing Store Esti’s Takes 8K SF at 2263 Nostrand Avenue in Midwood
High-end women’s clothing store Esti’s is relocating to a new mixed-use development in Midwood, Brooklyn, Commercial Observer has learned.
New York Life Provides $54M Refi for California Self-Storage Portfolio
Investec Real Estate Companies has secured $53.5 million to refinance a portfolio of three self-storage assets in Central and Southern California that span 253,496 rentable square feet and hold 1,818 units, according to…
Electrical Contractor L.K. Comstock Signs 14K-SF Lease at Dumbo Heights Campus
This Dumbo, Brooklyn, office property is about to light up with a new tenant.
Opinion: Protect NYC’s Short-Term Rental Rules
"What we don’t need are more speculative investors and private equity firms converting much-needed apartments into a revolving door of short-term rentals for tourists with no stake in our city’s future."