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September 25, 2024

City Of Yes Plan To Allow More Housing Across NYC Gets City Planning Approval

Charney Cos. To Discuss Development Projects In Fort Greene And Gowanus Oct. 9

The City Planning Commission moved the City of Yes for Housing Opportunity proposal forward Wednesday by a 10-3 vote after introducing some tweaks to Mayor Eric Adams’ signature housing policy.

City Of Yes Plan To Allow More Housing Across NYC Gets City Planning Approval

Among the many changes the sweeping plan would make to residential zoning across the five boroughs, City of Yes would make office-to-residential conversions easier, lift floor-to-area-ratio caps and increase allowable density throughout the city. Before casting the first vote, City Planning Commission Chair Dan Garodnick emphasized…

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Top Stories on Bisnow.com

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Pending Port Strike On East And Gulf Coasts Could Cost Billions Daily, Slow Shipments Pending Port Strike On East And Gulf Coasts Could Cost Billions Daily, Slow Shipments
REPORT: More Than 8 in 10 CEOs Think Hybrid Work Will Be Dead Within 3 Years REPORT: More Than 8 in 10 CEOs Think Hybrid Work Will Be Dead Within 3 Years
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Industrial Developers Stalk Toxic Land As Available Sites Dwindle

Developers are wading through toxic waste and green sludge to find sites for warehouses and other industrial projects in an increasingly constrained market.

Industrial Developers Stalk Toxic Land As Available Sites Dwindle

As more land is rezoned for residential use and residents push back against warehouses in their backyard, developers are on a hunt for more sites in preparation for a bounce back in demand for industrial space. As a result, some are targeting highly contaminated locations, panelists at Bisnow’s Northeast Industrial…

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Related CEO Blau Sues EB-5 Investors, Claiming Harassment At His Home

The CEO of the Related Cos. says he and his family have been the victim of a targeted harassment and intimidation campaign from investors in the largest private development in U.S. history, Hudson Yards.

Related CEO Blau Sues EB-5 Investors, Claiming Harassment At His Home

Jeff Blau filed a lawsuit on Friday against seven people who invested $500K each in the $25B megaproject, asking a New York County Supreme Court judge to issue an emergency injunction that would bar the individuals from continuing to protest outside his Upper East…

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A Logistics Center Rises In Brooklyn: How A Design-Build Contractor Overcame Complex Site Challenges

PRESENTED BY:   ARCO Design/Build
 
A Logistics Center Rises In Brooklyn: How A Design-Build Contractor Overcame Complex Site Challenges  

As recently as 2021, two dilapidated warehouses occupied a city block in Canarsie, Brooklyn. Fast-forward to 2024 and the site at 807 Bank St. has been transformed into a 172K SF, LEED Platinum precertified, last-mile industrial facility. And although built on spec, the project was fully leased two…

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This Week’s N.Y. Deal Sheet

This Week’s N.Y. Deal Sheet  

The biggest New York City office deals of the week were both in the Financial District, a major win for the city's most downtrodden submarket. 

TOP LEASES Catholic Charities of the Archdiocese of New York has signed a 77K SF lease with A.M. Property Holding Corp. at 80 Maiden Lane. Catholic Charities has already been a tenant in the building, but it is expanding its operations to cover the 22nd through 24th floors, in addition to occupying…

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