Most Pro-Housing Administration in City History: Mayor Adams, HPD, Institute for Community Living Advance 103 Units of Affordable and Supportive Housing in Brooklyn to Help Parents Experiencing Mental Health Challenges Reunite With Their Children
NEW YORK – New York City Mayor Eric Adams, New York City Department of Housing Preservation and Development (HPD) Acting Commissioner Ahmed Tigani, and the Institute for Community Living (ICL) today announced that construction will begin on a redevelopment of the Emerson-Davis Family Residence, a one-of-a-kind supportive housing model that helps parents living with serious mental […]
GOVERNOR HOCHUL ANNOUNCES $1 BILLION IN FINANCING TO BUILD AND PRESERVE NEARLY 3,000 AFFORDABLE HOMES ACROSS NEW YORK
Governor Kathy Hochul announced that nearly 3,000 affordable, modern, energy-efficient homes will be created or preserved in communities throughout New York State as a result of $1 billion in housing bonds and subsidies. The latest funding awards help advance the Governor’s commitment to increasing the housing supply and making the State more affordable. The 15 projects […]
Governor Hochul Announces $1 Billion in Financing to Build and Preserve Nearly 3,000 Affordable Homes Across New York
Governor Kathy Hochul today announced that nearly 3,000 affordable, modern, energy-efficient homes will be created or preserved in communities throughout New York State as a result of $1 billion in housing bonds and subsidies. The latest funding awards help advance the Governor’s commitment to increasing the housing supply and making the State more affordable. The […]
Nearly $7 Million Awarded To Advance Best-In-Class Multifamily Buildings
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NYSERDA Awards $7M to Nine Multifamily Buildings
The New York State Energy Research and Development Authority (NYSERDA) announced that nearly $7 million has been awarded to nine projects through the fifth round of the Buildings of Excellence Competition (Competition), which aims to advance best-in-class, energy-efficient multifamily buildings in New York. The competition provides financial awards and recognition for zero emission or carbon–neutral […]
Gilbane Development, Institute for Community Living, Tredway, and ELH Mgmt Awarded Buildings of Excellence Competition Award for Transformational Supportive Housing Project in the Bronx
Gilbane Development Company, Institute for Community Living (ICL), Tredway, and ELH Mgmt. LLC (ELH), the joint venture development team for the West Tower Supportive Housing project at 280 East 161st Street (Project), is proud to announce that the Project, with Aufgang Architects as the lead architect, has been recognized as a winner of the New York State Energy Research and […]
The Daily Dirt: Bracing for the lien sale
Commercial: The top commercial deal recorded was $69 million for 2864 Atlantic Avenue. Housing developer Camber Property Group bought the 180-plus unit from The Jay Group. The space also has over 5,000 square feet of commercial space with plans for an affordable housing site in partnership with The Institute for Community Living, per reports. Click here to read more.
NYC’s top deals: a LES penthouse trades for $16M
🏆Commercial: The top commercial deal recorded was for a mixed-use building in East New York. A company tied to Jacob Aini sold 2864 Atlantic Avenue for just over $69 million after acquiring the development site for $7.5 million from Speedway in 2022, then building a 10-story building there. The buyer was a company connected to Camber Property Group and the Institute for Community Living. UMB […]
The 2025 Pride Trailblazers
After years of making remarkable progress in winning public support and securing policy changes, the LGBTQ+ community is now on defense. The Trump administration is slashing spending on research into LGBTQ+ health care and seeking to cut resources for an LGBTQ+ youth suicide hotline. With the White House actively opposing diversity initiatives of any kind, […]
Brooklyn Rezoning to Create 4,600 Units
The New York City Council has voted to approve the Atlantic Avenue Mixed Use Plan, a Brooklyn rezoning which will pave the way for 4,600 new multifamily units, including 1,900 affordable housing apartments. Click here to read more.