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“#Biden’s ‘infrastructure’ plan wages war on the suburban dream” If you saved your money and bought a house in the suburbs, your investment and lifestyle may soon come under attack. The single biggest item in President Biden’s “infrastructure” bill, now being negotiated with Congress, is $213 billion he claims will be used to increase affordable housing. …
“#Solving the US housing shortage” A new generation of startups wants to disrupt the way houses are built by automating production with industrial 3D printers. 3D printing, also known as additive manufacturing, uses machines to deposit thin layers of plastic, metal, concrete and other materials atop one another, eventually producing three-dimensional objects from the bottom…
“#NY’s ‘Good Cause Eviction’ spells bad news for housing market” Not content with jacking up taxes massively and dangerously mushrooming the state budget, legislators are now looking to inflict yet more pain, by sneaking through a “universal rent control” bill that would clobber the housing market. This, even though rents in New York City have…
“#Landmarks panel mustn’t kill historic district’s lifeline” “Without the museum, there is no historic district,” City Councilwoman Margaret Chin rightly told the Landmarks Preservation Commission in January in support of the plan to build at 250 Water Street in the South Street Seaport Historic District. The Howard Hughes Corp. would create a substantial endowment to…
“#Gotham mustn’t let the Gowanus building projects get shot down” If the city is to get growing again post-pandemic, major building projects need to be part of the picture. But the built-in favoritism for anti-development forces is so strong that even a project backed by a lefty like City Councilman Brad Lander can stall out…
“#Steven Madden threatens to ditch Queens headquarters” Steve Madden’s shoe company is ready to walk away from its Queens headquarters — and take 400 workers with it — over a proposed affordable-housing development that will step on the company’s parking. The designer’s eponymous brand uses two buildings on Barnett Avenue in Sunnyside for offices and…
“#How the next NYC mayor can guarantee affordable housing” New York City mayoral candidates often make extravagant promises on affordable housing, and underproduce on results. Back in 2013, for example, then-candidate Bill de Blasio banked on solving the city’s crisis of housing affordability with Mandatory Inclusionary Housing, a policy that required developers to build affordable…
“#Cuomo lectures mayoral hopefuls on NYC ‘issues’ in jab at de Blasio” Gov. Andrew Cuomo lectured the Big Apple’s mayoral hopefuls Friday over the slew of crises confronting City Hall amid the coronavirus pandemic, all as Mayor Bill de Blasio again demanded an investigation into the nursing home crisis that’s left the governor besieged. “I…
“#Amazon to spend $2B on affordable housing in 3 regions” Amazon on Wednesday pledged to spend more than $2 billion on affordable housing efforts in three regions where big chunks of its workforce live. The e-commerce colossus said it will use the money to create and preserve more than 20,000 affordable homes in and around…
“#A chance to save the South Street Seaport’s historic character” Gotham sticks-in-the-mud are infamous for killing off projects that could prove godsends to city communities, but officials would be nuts to let a development proposal for the South Street Seaport Historic District — set for a hearing Tuesday — die on the vine. The plan…