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Developer brings affordable housing to Saratoga Springs

The Vecino Group president Richard Manzardo has purchased 19 acres on the west side of Saratoga Springs, New York, where the developer will build 158 apartments for service industry employees and others who cannot afford the city's high housing costs......»»

Category: topSource: bizjournalsJul 9th, 2018

Nycha mulls private development to stem decline

The New York City Housing Authority is considering selling its air rights as well as allowing private developers to both build market-rate apartments on its unused land and manage more than one-third... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 16th, 2018

Development teams tapped to build Hudson Yards’ affordable neighbors

The New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer announced today the selection of development teams to build  258 units of affordable housing o.....»»

Category: realestateSource: realestateweeklyFeb 13th, 2019

After 2 years of applying for the NYC housing lottery, she finally won her bid. Now she pays $1,000 in rent for her Manhattan apartment.

In 2018, the odds of winning the affordable housing lottery were 1 in 592, per The New York Times. The living room is bright and airy.Nkenge BrownA millennial woman won the New York City affordable housing lottery after applying for two years......»»

Category: topSource: businessinsiderApr 10th, 2024

: Virginia and New York City are making it easier for workers to save for retirement

Auto-IRA programs are one tool to build a nest egg.....»»

Category: topSource: marketwatchMay 17th, 2021

TF Cornerstone files plans for 2 huge apartment buildings in Long Island City

The New York developer plans to build nearly 1,400 apartment units in Long Island City, Queens, according to applications it filed with the city......»»

Category: topSource: bizjournalsDec 16th, 2020

Tampa is an "epicenter" for a big New York developer"s new affordable housing division

The head of PMG's affordable housing division says he was close to finalizing a deal near Ybor City before the coronavirus pandemic......»»

Category: topSource: bizjournalsMay 13th, 2020

CityWatch: New York City ramps up tracing and introduces ‘self-swab tests’

The city is recruiting workers as part of the effort to build a contact tracing network......»»

Category: topSource: marketwatchApr 27th, 2020

Electronics manufacturing company Adafruit has seen a 90% plunge in sales during the coronavirus pandemic, but it"s been able to overhaul its operations to build medical supplies for crisis relief

Adafruit Adafruit, an electronics manufacturing company based in New York City, sprung to action after local officials put out a call for help during the coronavirus pandemic.  The company is n.....»»

Category: topSource: businessinsiderApr 26th, 2020

Affordable housing at Brookhill Village redevelopment hinges on $20M in public funding

The development group proposing to build new mixed-income housing on the Brookhill Village site near South End is seeking $19.8 million via loans from the city and an affordable-housing fund as well as a grant for site improvements......»»

Category: topSource: bizjournalsApr 8th, 2020

Photos show how New York is grappling with the coronavirus outbreak as the city rushes to build new hospitals and the state death toll surpasses 1,550

Eduardo Munoz Alvarez/Getty Images New York has been hit hardest by the coronavirus outbreak in the US, causing the streets to f.....»»

Category: topSource: businessinsiderMar 31st, 2020

Greystone antes up $105M to protect 500 low income apartments

Greystone has provided $105 million in HUD-insured financing to preserve over 480 units of affordable housing in New York City. The lender provided a $54,965,400 HUD-insured loan to refinance 31-41 2.....»»

Category: realestateSource: realestateweeklyFeb 19th, 2020

South Bronx group sues city over plan to shutter Rikers Island

At the height of the 2008 economic collapse, then-New York Mayor Michael Bloomberg said the elimination of a discriminatory housing practice known as “ “It all started back when there was a lot of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 19th, 2020

All seven coronavirus tests in New York negative, city says

At the height of the 2008 economic collapse, then-New York Mayor Michael Bloomberg said the elimination of a discriminatory housing practice known as “ “It all started back when there was a lot of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 19th, 2020

NYCHA scores $1.5B deal to privatize apartments in Brooklyn and Manhattan

The New York City Housing Authority has struck an agreement to bring nearly 6,000 apartments in Manhattan and Brooklyn under private management in a deal that will raise more than $1.5 billion for... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 19th, 2020

The developer of a luxury high-rise in New York City must remove its top floors after judge ruled it abused zoning laws to build more stories

Mike Segar/Reuters A .....»»

Category: topSource: businessinsiderFeb 16th, 2020

NY Botanical Gardens taps Douglaston to build Bronx housing

Douglaston Development announced its partnership with The New York Botanical Garden (NYGB) to construct a two-building, more than 450-unit development on pro.....»»

Category: realestateSource: realestateweeklyFeb 11th, 2020

HPD selects teams to develop hurricane-proof affordable homes

The New York City Department of Housing Preservation and Development (HPD) announced the selection of M/WBE development teams Urban Ecospaces and D Handy, to create elev.....»»

Category: realestateSource: realestateweeklyJan 30th, 2020

Affordable housing crisis: The problem we need to solve

There were a lot of positives for New York City in the last 10 years. Population rose as citizens from around the world flocked to our city; attracted to low leve.....»»

Category: realestateSource: realestateweeklyJan 29th, 2020

Housing advocates turn up pressure in two of city"s most expensive neighborhoods

After a of months for the de Blasio administration's efforts to build more , housing advocates say it's time the mayor turns to one of its for relief in an affordability crisis.  A "yes in my... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 26th, 2020