New York City Department of Housing Preservation and Development

Basha Gerhards, senior vice president of planning, from REBNY, and New York Governor Kathy Hochul.
Development  ·  Policy
New York City

421a Extension Sees Bulk of Residents Coming to Brooklyn

By Amanda Schiavo
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New York Governor Kathy Hochul and New York City Mayor Eric Adams.
Development  ·  Policy
New York City

Hochul Expects 71K New Homes Built Under 421a Deadline Extension

By Mark Hallum
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Maria Torres-Springer.
Policy
New York City

Maria Torres-Springer to Step In as Deputy Mayor Amid Adams’s Bribery Scandal

By Mark Hallum
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A rendering for the second phase of the Kingsland Commons redevelopment project.
Finance  ·  Construction Financing
New York City

Affordable Housing Development at Greenpoint Hospital Site Lands $235M Financing

By Andrew Coen
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A rendering of an apartment building in the Bronx.
Development  ·  Construction
New York City

L+M Plans 328-Unit Affordable Housing Development at 1225 Gerard Avenue in the Bronx

By Abigail Nehring
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709 West 170th Street.
Legal  ·  Policy
New York City

NYC Housing Agency Issues Arrest Warrant for Washington Heights Landlord

By Mark Hallum
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The city announced a new financing program aimed at making it easier for affordable housing projects—like the one pictured above in Willets Point, Queens—to access private financing and city tax abatements.
Finance  ·  Policy
New York City

NYC Unveils Financing Program for 70% Affordable Developments

By Rebecca Baird-Remba
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James H. Simmons III
Finance  ·  Players
New York City

Asland Capital’s Bond With Goldman Sachs Spearheads New Housing Fund

By Andrew Coen
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The city has only completed one affordable co-op project since launching the program to finance them in 2018.
Development  ·  Policy
New York City

NYC Slowly Builds a New Generation of Limited-Income Co-Ops

By Rebecca Baird-Remba
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The short, three story building at 276 Grand Street.
Legal
New York City

Landlord Sues HPD for Allegedly Revoking 421a Tax Benefit Without Warning

By Celia Young
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New York City's multifamily market showed promising signs of a recovery, a new report said.
Policy
New York City

NYC Mulls Up to 9 Percent Increase for Some Rent-Stabilized Homes

By Mark Hallum
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January 18, 2022- Governor Kathy Hochul presents fiscal year 2023 Executive Budget in the Red Room of the Capitol.
Policy
New York City

Real Estate Optimistic About New York’s 421a Tax Changes

By Celia Young
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Rep. Ritchie Torres.
Development  ·  Policy
New York City

Torres, Gillibrand Propose Heat Sensors in Federally Funded Housing After Bronx Fire

By Rebecca Baird-Remba
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A rendering of the Broome Street Development at 55 Suffolk Street and 64 Norfolk Street.
Finance  ·  Construction Financing
New York City

Gotham, Goldman Sachs Nab $162M Construction Loan to Advance Lower East Side Project

By Mack Burke
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Rendering of a long, eight-story building.
Development  ·  Finance
New York City

Bronx Affordable Housing Complex Breaks Ground With $78M in Financing

By Tom Acitelli
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New York City Housing Authority buildings (Photo: NYCHA).
Players
New York City

NYC Public Advocate Reveals List of City’s 100 Worst Landlords

By Chava Gourarie
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Big affordable projects like La Central in the South Bronx may be delayed after the City Council cut the budget for the city's housing department.
Development  ·  Policy
New York City

Affordable Developers Worry About Building More Housing Amid Budget Cuts

By Rebecca Baird-Remba
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Finance  ·  Refinance
New York City

Capital One Refis Upper Manhattan Apartment Building With $46M HUD Loan

By Matt Grossman
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