Oct. 5, 2023 By Ethan Marshall According to the latest Multi-Family Foundation Plan Application Report conducted by the Real Estate Board of New York, the city is on pace to produce just 10,000 new units this year. This would be well short of the 50,000 unit target set by Mayor Eric Adams and housing experts…
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Tag: nyc-department-of-buildings
THE COSTS OF CHANGE: NYC co-op and condo owners join forces with big real estate to soften Local Law 97
Aug. 16, 2023 By Ben Brachfeld and Christian Murray The city’s landmark building emissions law, Local Law 97, is set to go into effect next year, and the complex rule-making process has set off a frenzy of lobbying activity aimed at influencing and potentially weakening the statute aiming to help combat climate change. Local…