The project included a rehabilitation of the interior of the original YMCA facility, transforming it into modern apartments.
The study provides a detailed analysis about the need for public transportation throughout the Hudson Valley.
Initially envisioned as a mixed-use project incorporating both rental and for-sale units, the redevelopment strategy was later refined to convert the entire property into for-sale condominiums.
Pattern and the DCP will bring together economic development experts, tourism bureaus, farmers and food-system operators, and other stakeholders who would benefit from planning across both regions.
Since the first-in-the-nation program began on Sunday, Jan. 5, through Friday, Jan. 31, tolls from the CRZ generated $48.66 million in revenue.
The proposal would deliver an estimated 9,700 new homes—including up to 2,900 permanently income-restricted affordable homes.
In 2023, 39.5% of older homeowners in the city spent 30% or more of their household income on housing costs.
200 Park Ave. will continue to serve as the headquarters of CBRE’s New York Tri-State Advisory Services business and house the company’s New York-based Global Workplace Solutions teams.
The citywide rezoning will enable the creation of 80,000 new homes over the next 15 years and invest $5 billion, which includes $1 billion in state funding, towards critical infrastructure updates and housing.
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
The FARE Act will undoubtedly lead to higher rents and reduced access to available rental listings for prospective tenants, exacerbating housing affordability challenges New Yorkers already face.
The nonprofit organization will expand its existing operations in the property and consolidate various Midtown locations.
This marks the most new K-12 seats opened by the SCA since 2003.
The capital funding provided to the Metropolitan Transportation Authority will be earmarked towards the utility relocation contract for Phase 2 of the expansion project, which will deliver subway service to residents of East Harlem.
While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.
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