Nov. 21, 2024 By Bill Parry The city has secured two major labor agreements with the Building & Construction Trades Council that will cover more than $1 billion in capital projects, including infrastructure improvements in Willets Point, Mayor Eric Adams announced at City Hall on Thursday morning. The Project Labor Agreements (PLAs) enable the…
Tag: affordable-housing-nyc
City Council passes bill shifting broker fee burden to landlords, sparking backlash from real estate industry and key critics
Nov. 14, 2024 By Ethan Stark-Miller and QNS News Team The New York City Council passed a landmark bill on Wednesday, aiming to relieve renters of paying hefty broker fees — a cost that will now fall on the party who hires the listing agent. Known as the FARE Act (Fairness in Apartment Rentals),…
Housing lottery launches for 116 units in mixed-use Far Rockaway building, rent starts at $544
Oct. 22, 2024 By Ethan Marshall New York City, in partnership with L+M Development Partners, Triangle Equities and The Bluestone Organization, has launched a housing lottery for 116 units in a mixed-use building located at 3-51 Beach 35th St. in Far Rockaway. Known as Beach Green Dunes III, the building has a total of…