Development

Governor Kathy Hochul speaks in Albany about reaching a deal on housing with legislative leaders during their budget negotiations.

How Much Housing Will Hochul’s New Deal Build?

April 23, 2024, 5:00 a.m.April 22, 2024, 6:22 p.m.

The picture for new development is now brighter, say real estate industry leaders, but much about the future remains cloudy, from getting vacant units back online to building out basement apartments.

Alma Realty’s proposed development on Shore Front Parkway would feature four 24-story residential towers and other buildings with apartments, retail and community amenities.

The Rockaways

Developer’s Troubled Reputation Stirs Local Opposition to Huge New Rockaway Complex

April 2, 2024, 5:01 a.m.April 1, 2024, 5:15 p.m.

A city lawsuit alleging dangerous states of disrepair at Alma Realty buildings has residents saying the company can’t be trusted to build new towers near Surfside Apartments.

Queens

Pol’s Poll Shows Low for Citi Field Casino

April 1, 2024, 5:00 a.m.March 31, 2024, 7:13 p.m.

Mets owner Steve Cohen has been spending money lavishly to sway public opinion and pack town halls, but the teams’ neighbors still don’t appear to be sold.

New buildings sit along the Atlantic Yards near the Barclays Center, Jan. 31, 2024.

Development

Auction of Atlantic Yards Sites Endangers Hard-Fought Housing Promises

Feb. 2, 2024, 5:00 a.m.Feb. 1, 2024, 5:29 p.m.

With a Feb. 12 sale scheduled for unpaid loans, local leaders press for action and answers on the future of a controversial state-led construction plan.

A bird's eye view of a plaza surrounded by tall towers next to the FDR Drive.

Development

Skepticism and ‘Blood Money’ Jeers on the East Side as Casino Reps Present Plan

Jan. 11, 2024, 9:43 p.m.Jan. 11, 2024, 10:02 p.m.

The Soloviev Group wants to build an $18 billion property around a casino off the FDR Drive. If they get their wish, it would be one of up to three new gambling licenses granted in downstate New York.

Pedestrians walked by the glass-ed entrance to 3 Times Square.

Development

The High Price of Empty Office Space: Billions in Tax Breaks, With More to Come

Dec. 19, 2023, 5:00 a.m.Dec. 19, 2023, 6:00 p.m.

An analysis by THE CITY shows that long-ago luxury real estate deals from Hudson Yards to Times Square are costing dearly in reduced city tax collections. Now City Hall is rolling out still more tax relief, with little transparency.

The One Vanderbilt skyscraper sat near Grand Central Terminal.

Eric Adams

As Pols Pressed FDNY to Fast-Track Schools, Small Biz Inspections, Adams City Hall Favored Mega-Developers

Dec. 18, 2023, 5:00 a.m.Dec. 15, 2023, 3:00 p.m.

A homeless shelter and affordable housing were also placed on the list by council , who under Adams had to compete for priority with well-connected real estate interests and lobbyists.

Eastern Queens residents looked over a map showing the area around the Creedmoor Psychiatric Center during a visioning session for campus.

Development

Hochul’s Creedmoor Housing Plan ‘Not Acceptable’ to Locals Stripped of Land Use Review

Dec. 8, 2023, 5:00 a.m.Dec. 8, 2023, 11:31 a.m.

Local leaders say the 2,873-unit plan’s “tall monstrosities” are incompatible with the low-density neighborhood in eastern Queens. But housing advocates say it’s a welcome commitment to more affordable homes.

FDNY Commissioner Laura Kavanagh spoke at the scene of a deadly e-bike repair shop fire on Madison Street in Chinatown.

Real Estate

‘Extremely Unfair’ FDNY Fast Track for Hudson Yards Would Delay Other Developments, Official Warned

Nov. 29, 2023, 6:59 p.m.March 7, 2024, 12:21 p.m.

Email from a deputy fire chief contended “at least 15-20 inspections” scheduled for new spaces’ fire safety systems would have to be canceled to accommodate a “top priority of City Hall.”

Development

High-End Sushi t Linked to Big Eric Adams Donor Got Fast-Tracked for FDNY Clearance

Nov. 20, 2023, 4:00 p.m.March 7, 2024, 12:20 p.m.

Japanese eatery JoJi got on VIP expedited inspections list after CEO of partner SL Green hosted a major fundraiser for the mayor’s campaign.

Development

How Much Housing Will Hochul’s New Deal Build?

Developer’s Troubled Reputation Stirs Local Opposition to Huge New Rockaway Complex

Pol’s Poll Shows Low for Citi Field Casino

Auction of Atlantic Yards Sites Endangers Hard-Fought Housing Promises

Skepticism and ‘Blood Money’ Jeers on the East Side as Casino Reps Present Plan

The High Price of Empty Office Space: Billions in Tax Breaks, With More to Come

As Pols Pressed FDNY to Fast-Track Schools, Small Biz Inspections, Adams City Hall Favored Mega-Developers

Hochul’s Creedmoor Housing Plan ‘Not Acceptable’ to Locals Stripped of Land Use Review

‘Extremely Unfair’ FDNY Fast Track for Hudson Yards Would Delay Other Developments, Official Warned

High-End Sushi t Linked to Big Eric Adams Donor Got Fast-Tracked for FDNY Clearance

ABOUT

TEAM

FUNDERS

ETHICS

DIVERSITY

DONATE

REPUBLISH

CAREERS

THE CITY IS HERE FOR YOU. BE HERE FOR US TOO.

THE CITY's Spring Campaign

Before you go...

for all things NYC.

local news today!