Fairstead Announces $20 Million Renovation of 710 Affordable Homes in Existing Bronx Portfolio, To Include New Suite of Resident Services to Support Community Well-Being
In her first address as New York state’s elected leader Tuesday, Gov. Kathy Hochul set ambitious new targets for housing development across the state, proposed a replacement for the popular-with-developers 421-a tax credit and said she would push to allow for higher allowable density and less restrictive zoning.
Her State of the State speech checked many of the items industry groups and development leaders had placed on their 2023 agendas, chiefly a focus on housing focused almost entirely on increasing development.
