News & Analysis as of

Redevelopment Neighborhood Revitalization Infrastructure

Manatt, Phelps & Phillips, LLP

April 15, 2024: Deadline for up to 100% Property Tax Abatement—M-CORE Program

In 2023, the New York City Industrial Development Agency (NYCIDA), in partnership with the New York City Economic Development Corporation (NYCEDC), introduced a new tax incentive program known as the Manhattan Commercial...more

Bilzin Sumberg

4 Trends That Will Shape Florida Real Estate in 2024

Bilzin Sumberg on

As commercial real estate markets across the U.S. cope with rising costs and slowing demand, Florida has been a rare bright spot. The Sunshine State has welcomed a record number of people and businesses in recent years, and...more

Coblentz Patch Duffy & Bass

Legislation to Incentivize Commercial to Residential Adaptive Reuse Projects Moves Forward

At the June 13, 2023 Board of Supervisors hearing, the “Commercial to Residential Adaptive Reuse and Downtown Economic Revitalization” legislation was introduced. The legislation would amend various Planning Code sections to...more

Nossaman LLP

Resurgence of Redevelopment Agencies?

Nossaman LLP on

Redevelopment agencies (RDAs) have held a rather infamous position in California history.  While originally created to address urban decay (aka “blight”), generally speaking, RDAs developed into entities that wielded the...more

Farrell Fritz, P.C.

Town of Huntington Seeks Input on Future Redevelopment in the Melville Employment Center

Farrell Fritz, P.C. on

The Huntington Town Board is currently seeking input from residents, businesses and others for a new plan for the redevelopment of the Melville Employment Center (“MEC”).  The new plan will build upon a prior plan that was...more

Farrell Fritz, P.C.

New Brookhaven Overlay District Paves the Way for More Affordable Housing in Bellport

Farrell Fritz, P.C. on

On January 13, 2022, the Brookhaven Town Board voted unanimously to adopt new legislation that creates the Greater Bellport Overlay District.  The law aims to foster redevelopment in the hamlet of Bellport and encourages the...more

Bilzin Sumberg

Miami Wynwood Norte Zoning Overlay Creates New Development Opportunities

Bilzin Sumberg on

Earlier this year, the Miami City Commission approved a major zoning overhaul for the portion of Wynwood lying north of NW 29th Street—the newly dubbed Wynwood Norte. Given its proximity to the Wynwood Arts District and...more

Akerman LLP

Major Boost Coming in Federal Brownfield and Superfund Spending and Focus

Akerman LLP on

Following the enactment of the federal Infrastructure Investment and Jobs Act (H.R. 3684) and its signing into law by President Joseph R. Biden this month, significantly expanded federal funding and emphasis is expected in...more

Pierce Atwood LLP

Mass. Appeals Court Upholds Somerville’s Union Square Revitalization Plan

Pierce Atwood LLP on

In 2012, the City of Somerville, the Somerville Redevelopment Authority (SRA), and the Massachusetts Department of Housing and Community Development approved the Union Square Revitalization Plan (the Plan), an urban renewal...more

Nossaman LLP

Redevelopment 2.0 On The Books For 2019?

Nossaman LLP on

Ever since the demise of redevelopment agencies in 2012, there have been a variety of legislative efforts to revive, incrementally or in whole, some form of redevelopment in California....more

Farrell Fritz, P.C.

Revitalizing Long Island’s Downtown Communities – Part Two. Central Islip Awarded $10 Million Downtown Revitalization Initiative...

Farrell Fritz, P.C. on

Last week, we reported on a $10 million award issued by the State to help revitalize downtown Hicksville. Well, the Governor is at it again. ...more

Farrell Fritz, P.C.

Hicksville’s $10 Million Downtown Revitalization Initiative Award – Get Ready For Some Big Changes

Farrell Fritz, P.C. on

On July 3rd, Governor Cuomo announced that the state was giving the Town of Oyster Bay a $10 million Downtown Revitalization Initiative award that will help underwrite four transformative projects in downtown Hicksville. ...more

Coblentz Patch Duffy & Bass

Assemblyman Chiu Unveils AB 3037 Community Redevelopment Proposal

Assemblyman David Chiu has unveiled his long-promised legislation to establish a modified version of the state’s former redevelopment program, aimed at creating major state funding for affordable housing, transit, and other...more

Pillsbury Winthrop Shaw Pittman LLP

Enhanced Infrastructure Districts: A Flexible New Tool for Local Governments

After the dissolution of California redevelopment agencies (RDAs) in 2011, many local governments desired a tool to raise capital to invest in infrastructure and community revitalization. On September 29, 2014 SB 628 was...more

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