Under a tax exemption known as the state’s 485-x program, buildings with 99 units or fewer are only required to reserve 20% of apartments for low- and middle-income tenants in their buildings. For buildings with 100 or more units, the requirement increases to 25% of apartments.
Rep. Tom Kean Jr. said he was hospitalized with depression, speaking publicly for the first time Tuesday after the New Jersey Republican went missing in action for nearly four months.
Equipment problems have shuttered Red Hook’s sprawling public pool, leaving a neighborhood that’s home to Brooklyn’s largest public housing complex without a free place to swim during this week's historic heat wave.
New Yorkers didn't invent pizza, but the city made it what it is today. You're welcome, America.
Mamdani and the City Council struck a handshake deal on a $126 billion city budget Tuesday morning, just hours ahead of a legally mandated deadline for the new fiscal year.
Developers behind the latest effort to build thousands of new apartments above and along Brooklyn’s Atlantic Yards train tracks say they plan to break ground by 2028 – a quarter century after city and state officials first greenlit the long-stalled development.
Searching for the ever-elusive cheap rent in NYC? Want to know if you’re already in a rent-stabilized apartment and just don’t know it? Here’s our how-to.