New York City Owner Elevates Affordable Housing
ENR Construction
APRIL 8, 2024
L+M Development Partners, ENR New York's Owner of the Year, is on the forefront of innovative affordable housing development in the city and across the country.
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ENR Construction
APRIL 8, 2024
L+M Development Partners, ENR New York's Owner of the Year, is on the forefront of innovative affordable housing development in the city and across the country.
Pro Builder
JANUARY 24, 2023
New York City Faces Escalating Housing Crisis as Thousands Fall Behind on Rent ldeakins Tue, 01/24/2023 - 11:39 The New York City Housing Authority collected its lowest share of rent payments on record in 2022, and as housing costs continue to soar, the agency faces a dire financial crisis Over 1,600 public housing agencies across the U.S.
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Pro Builder
OCTOBER 21, 2021
New York City Housing Markets See Post-Pandemic Growth. After a year of sluggish market growth during the pandemic, New York is seeing a resurgence of home buying with one firm reporting the most third-quarter sales in over three decades. a New York residential brokerage firm. Housing Markets.
Pro Builder
AUGUST 31, 2020
New York City's Exodus Creates 'Insane' Demand in Suburban Counties. Suburbs surrounding New York City are experiencing unprecedented demand, which can be seen in one $285,000 New Jersey home which received 97 showings, 24 offerings, and a final selling price 21% over asking, according to The New York Times.
BD+C
JUNE 11, 2018
The New York City Department of Preservation and Housing recently issued its first request for proposals under its Housing 2.0 The RFP is for a new mixed-use affordable housing project on city-owned 49,397 sf site in Brooklyn. modular construction initiative.
BD+C
SEPTEMBER 25, 2023
3 affordable housing projects that serve as social catalysts 0 qpurcell Mon, 09/25/2023 - 12:49 Affordable Housing Trish Donnally, Associate Principal, Perkins Eastman, shares insights from three transformative affordable housing projects. Housing is Fundamental “Housing is absolutely essential to human flourishing.
Pro Builder
MAY 30, 2023
are considered “house poor,” meaning they spend more than 30% of their income on housing costs. are considered “house poor,” meaning they spend more than 30% of their income on housing costs. From 2015 to 2019, the percentage of U.S. homeowners who were considered financially strapped dropped each year, from 29.4
BD+C
JUNE 1, 2021
A recent study from the New York City Department of Housing Preservation and Development, the Community Preservation Corp., BrightPower and Steven Winter Associates, found that multifamily dwellings built to Passive House standards significantly outperformed conventionally built buildings in energy efficiency.
Pro Builder
MAY 26, 2023
Luckily, a free expo by the nonprofit group, the Housing Partnership, seeks to educate buyers and renters about housing assistance opportunities available in NYC. Read more Affordability New-Home Sales Housing Markets Affordability The expo will take place on June 10 at the CUNY Graduate Center in Midtown.
BD+C
APRIL 13, 2020
Efforts to expand healthcare capacity are coming from all corners: the USNS Comfort is docked in NY; the USNS Mercy is docked in CA; and the USACE is spearheading efforts in New York City and California to convert empty hotel rooms and student housing facilities into overflow hospital rooms.
Pro Builder
JUNE 12, 2023
Additionally, existing rent regulations in costly metros like New York City often don’t include income tests, meaning that those who actually need rent protection are frequently left without that support, while those who can afford hefty rent hikes are able to easily secure rent stabilized units.
Pro Builder
JUNE 12, 2023
Additionally, existing rent regulations in costly metros such as New York City often don’t include income tests, so those who actually need rent protection are frequently left without that support, while those who can afford hefty rent hikes are able to easily secure rent-stabilized units.
Pro Builder
JANUARY 10, 2022
Critics Question ‘Housing First’ Approach as Homelessness Crisis Worsens. Nearly 600,000 Americans were left without housing in 2020 as a result of surging costs and a rise in unemployment during the COVID-19 pandemic, CNBC reports. In 2019, New York City spent a record-breaking $3 billion to support its homeless population.
Pro Builder
MAY 26, 2023
Jericho Project Receives HUD Funding to House Unsheltered New Yorkers ldeakins Fri, 05/26/2023 - 09:29 The nonprofit Jericho Project seeks to house 90 unsheltered New Yorkers over a three-year grant period with the help of recent funding from the U.S. Read more Affordability Housing Policy + Finance Affordability
BD+C
OCTOBER 15, 2014
Concrete has been poured for the final floors of the residential high-rise on 432 Park Avenue in New York City, making it the city’s second tallest building and the tallest residential tower in the Western Hemisphere, NBC New York reports.
BD+C
APRIL 12, 2019
In a local partnership of the New York Housing Preservation and Development office, Brooklyn-based FullStack Modular, developer Thorobird, architect Think!
Construction Dive
JUNE 5, 2018
New York City is pushing smaller, module-based units as a way to build faster and with more cost efficiency.
Green Building Law Update
JANUARY 8, 2017
As you consider what’s “in” and what’s “out” in 2017, within the realm of green building, Passive House is in. This “passive” approach, in contrast with active systems based on a constant supply of conditioned air by HVAC systems is the basis of Passive House. Governments in North America are beginning to drive Passive House.
Pro Builder
MAY 25, 2023
A 2023 rental market boom is a stark contrast to the city's sales submarkets, which have seen a decline in value since the early part of last year, Forbes reports. Read more Build to Rent Housing Markets Market Data + Trends Market Data + Trends
Pro Builder
AUGUST 31, 2022
In order to live in popular metros like New York City, Cleveland, and St. Louis, homebuyers are dishing out way more money than they were in 2010, sending the share of owner-occupied city households earning $150,000 or more to new highs in 2020. . in the share of the highest-earning households in New York City.
Pro Builder
AUGUST 5, 2021
Return to Work Begins to Impact Housing Demand. Miranda Penning graduated from college in May and just got a job in New York City that is hybrid, with the option to work from the office or remotely. She has been actively looking for an apartment in New York City using StreetEasy to search for apartments.
Pro Builder
FEBRUARY 11, 2021
Housing Prices Are Soaring in Affordable Cities. As more Americans take advantage of low mortgage rates and flee to the ‘burbs, young workers are also taking advantage and moving into cities—just not the pricey ones. Housing Markets. cbroderick. Thu, 02/11/2021 - 09:12. Perhaps no part of the U.S. Read More. .
BD+C
JULY 7, 2016
A study by two housing advocacy groups alleges that Airbnb is worsening New York City’s tight housing supply, and is likely causing thousands of units to be pulled from the market.
Pro Builder
MARCH 15, 2023
real estate market, and while many Americans remain apprehensive about buying in the midst of a housing downturn, more than three-quarters of international buyers surveyed by the Coldwell Banker Global Luxury program rated current U.S. Inspired by its hustle and bustle, buyers from Spain and Mexico voted New York City as their top choice.
ENR Construction
JANUARY 24, 2022
A modest house set on an equally modest lot in tiny Pearl River, N.Y., north of New York City, was built in the early 1900s by Fred L. Holt, founder of what became Holt Construction Corp. It still is headquarters for the contracting firm that his grandson now leads.
BD+C
JUNE 24, 2020
LaGuardia Airport’s new Terminal B, a four-story, 850,000-sf facility that houses passenger services and amenities, has officially opened. . It was designed as a highly efficient and adaptable terminal that pays homage to the “architectural grandeur and individuality” of New York City.
ENR Construction
AUGUST 13, 2019
The five finalists of an international design competition for affordable infill housing on scattered “sliver” sites, owned by New York City, are currently entering a capacity building phase with the city to convert their designs into viable development proposals.
ENR Construction
DECEMBER 6, 2021
New York City Housing Authority tenant associations picked Related Companies and Essence Development for renovations and building management through a PACT conversion.
ENR Construction
AUGUST 13, 2019
The five finalists of an international design competition for affordable infill housing on scattered “sliver” sites, owned by New York City, are currently entering a capacity building phase with the city to convert their designs into viable development proposals.
Pro Builder
AUGUST 25, 2021
New York City now holds the title as the most expensive rental market in the country, snagging the top slot from long-term holder San Francisco. When the pandemic rolled around, dense cities were hit hard, especially New York City and San Francisco. Housing Markets. Housing Markets.
Pro Builder
JULY 26, 2021
Housing Market Outlook: Should Buyers Wait it Out? Should homebuyers consider waiting out the hectic housing market? Regions in which construction is underway on new luxury developments are likely to see an easing in competition, and therefore price acceleration, in the near future. Housing Markets. Housing Markets.
ENR Construction
DECEMBER 22, 2022
New York City architect and firm principal has boosted aesthetics in affordable housing design in a 50-year career.
BD+C
AUGUST 14, 2013
Housing and Urban Development Department and New York City will collaborate on a project to create a new research institute and a city-federal park at Jamaica Bay, Queens.
Pro Builder
JUNE 11, 2021
With short housing supply and increasing home prices, renters have found relief in lowered rents in urban areas, sweetening the decision even further, says the New York Times. A new LendingTree survey found median housing costs were lower for renters in every large U.S. Housing Markets. Housing Markets.
BD+C
MAY 22, 2017
New York officials credit a first-quarter surge in residential unit permits in the first quarter to a property tax-break program for developers. Along with a strong economy, the Affordable New York initiative helped triple New York City’s residential permits compared with the same period in 2016.
BD+C
JULY 11, 2013
Architects Codes Building Owner Contractors Designers Engineers Facility Managers Building Technology Modular Building Multifamily Housing Construction Codes and Standards'
Pro Builder
JULY 7, 2020
Joseph Eichler’s designs defined middle-class homes at the time, as did his work toward fair housing policies and integrated neighborhoods, according to Dwell. He went on to organize California’s housing issues convention, assisted in writing the state’s fair housing law, consulted with the federal Housing and Home Finance Agency, and more.
Pro Builder
MARCH 1, 2023
of Redfin.com users planned a move to a different metro area in January, as elevated housing costs drove up homebuying demand in relatively affordable markets. Buyers moving in from places like New York and San Francisco are helping the local market recover from last fall’s housing downturn.
Pro Builder
FEBRUARY 2, 2023
where they're finding affordable homes, high-paying jobs, and robust local economies After a mid-pandemic Great Migration that saw a swarm of homebuyers flocking to warm Sun Belt destinations, seven of the nation’s top up-and-coming housing markets are now located in the Midwest, according to Realtor.com. such as New York City.
BD+C
FEBRUARY 27, 2013
The New York City Housing Authority has opened Arbor House, a 124-unit complex in the Morrisania neighborhood of the Bronx. The LEED Platinum building includes energy-efficient HVAC, a "green wall" lobby feature, and a 10,000-sf hydroponic farm on the roof. read more.
Pro Builder
SEPTEMBER 24, 2021
Joseph Tanney, a founder of Resolution 4 Architecture in New York City, who has been designing modular homes since 2002, said today’s modular homes can be very high end. That is because Mr. Sharp’s new house, a prefabricated modular home, is being manufactured in a factory two hours away. Modular Can Be High End.
Pro Builder
NOVEMBER 22, 2022
In pricey markets like Seattle, skyrocketing housing prices are causing a slowdown in renter and buyer activity, and as a result, investment properties account for roughly 1 in 30 mortgages in the metro area, compared to 1 in 20 about a year ago, Realtor.com reports. . Housing Markets. New-Home Sales. Housing Markets.
Pro Builder
DECEMBER 15, 2022
Rents are falling the fastest in the nation’s most expensive markets like Raleigh, Austin, Seattle, San Jose, and New York City, which are seeing decreases of 1.3%, 1.2%, 1.1%, 1.1%, and 1.0%, respectively. Housing Markets. Housing Markets. Rent growth has been consistently cooling since hitting a peak of 17.1%
Pro Builder
FEBRUARY 23, 2023
where the median studio rent was just $700 in November 2022, equaling 15% of local singles’ income, The New York Times reports. By contrast, New York City was the least affordable metro for studio rent at the close of 2022, with a median monthly rental cost of $3,016, accounting for 44% of the average local single income.
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