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New State and City Efforts To Encourage Housing Development

On April 23, 2024, the New York State Legislature passed a number of significant measures intended to increase housing production, particularly in New York City. The new measures, which are discussed below, include a new tax...more

Governor Hochul Releases Revisions to 421-a Program

Gov. Kathy Hochul this week released a proposed revision to the 421-a “Affordable New York” program, in connection with her FY2023 Executive Budget proposal. The new program would be known as the “Affordable Neighborhoods for...more

Mayor de Blasio Proposes Zoning Changes Intended to Promote the City’s Recovery

On March 9, 2021, Mayor Bill de Blasio announced a series of proposed citywide zoning text amendments intended to incentivize the creation of local grocery stores, boost transit station accessibility, and ease administrative...more

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