New Law Eliminating Broker Fees Set to Benefit NYC Renters Amid Real Estate Board's Last-Ditch Challenge
A new law to eliminate broker fees for most NYC tenants is set to begin, with the Real Estate Board of New York attempting to delay its implementation through a court challenge.
New York City's Atlantic Avenue Mixed-Use Plan Garners Approval, Promising 4,600 Homes and Job Growth in Central Brooklyn
Mayor Eric Adams celebrates the NYC Council's approval of Atlantic Avenue Mixed-Use Plan to create 4,600 homes and 2,800 jobs with a $235 million investment, despite concerns over gentrification.
Brooklyn Unveils Logan Fountain with Over 340 Affordable and Transitional Housing Units in Collaborative NYC Effort
New affordable housing development Logan Fountain, providing over 340 units, has been completed in Brooklyn's Cypress Hills, offering both permanent and transitional housing options.
Brooklyn's Atlantic Avenue Rezoning Plan to Introduce 4,600 Homes and Boost Community Services
The Atlantic Avenue rezoning plan was approved by NYC Council panels, aiming to create 4,600 homes with 1,900 affordable units and 2,800 jobs in Brooklyn.
Mayor Eric Adams Unveils Plans for 72-Story Mixed-Use Skyscraper to Transform Downtown Brooklyn
Mayor Eric Adams proposes replacing a city-owned building with a 72-story mixed-use tower offering 1,200 housing units, with 25%-30% designated as affordable. The project aligns with his "City of Yes" initiative to increase housing in NYC.
Brooklyn's Sunset Park Senior Center Faces Closure After 70 Percent Rent Hike as Community Rallies for Resolution
Brooklyn's United Senior Center of Sunset Park faces potential closure due to a 70% rent increase, threatening the community hub that serves seniors with activities and support.
New York City Real Estate Executives Accused of Buying Political Favor in Mayoral and Council Races
Real estate execs facing city lawsuits for building disrepair have donated $410k to "Fix the City" PAC, supporting Cuomo's mayoral bid, prompting concerns over undue influence in NYC politics.
Mayor Eric Adams Unveils $24.7 Billion Affordable Housing Plan in NYC's FY 2026 Executive Budget
NYC Mayor Eric Adams announces a $24.7 billion investment in affordable housing, with additional funds to improve public housing and combat homelessness.
NYC Audit Reveals Inequities in Building Code Enforcement, Hits Minority Neighborhoods Hardest
NYC Comptroller's audit finds biased building code enforcement, with higher fines and summonses in Black and Hispanic neighborhoods, related to 311 complaint reliance.
Brooklyn to Host World's Tallest Passive House Skyscraper with Alloy Development's One Third Avenue
Alloy Development is set to construct the tallest passive house skyscraper, One Third Avenue, in downtown Brooklyn, focusing on sustainability and affordable housing.
Sheepshead Bay Residents Protest Unexpected Homeless Shelter Replacing Promised Affordable Housing
Residents of Sheepshead Bay in Brooklyn protest a new homeless shelter, feeling misled by developer's original promise of affordable housing at 2134 Coyle St. Community Board 15 was initially led to believe the development would be residential.
Brooklyn's United Senior Center Faces Potential Closure Amid 70% Rent Hike and Gentrification Concerns
The United Senior Center in Sunset Park, Brooklyn, may close or relocate due to a 70% rent increase, highlighting tensions between community services and market realities in NYC.
Governor Hochul Invites Proposals for 100% Affordable Housing on Long-Vacant Clinton Hill Site
Governor Hochul is calling for proposals to develop an affordable housing project on a vacant Clinton Hill site, aiming to turn the state-owned parcel into a mixed-use development with community facilities.