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Real estate roundup: City and Astoria Cove developers at odds ahead of Council vote

Rendering courtesy of STUDIO V Architecture

Old Politics Hamper City’s New Approach on Affordable Housing

“The 2.2-million-square-foot project is at risk of being voted down by the City Council’s land-use committee, which must vote by Wednesday on it, according to City Council officials and the developer. The full council is expected to follow the committee’s lead.” Read more [The Wall Street Journal]

Residents told to repay aid funds given to them two years ago

“The disabled, elderly and mostly poor residents of an assisted-living center in Queens spent four miserable months in shelters after Hurricane Sandy, and now they’re getting hammered again — by the federal government.” Read more [The New York Post]

Quiet Island, With Change Coming

“When Yarin and Talia Katz first came to the United States from Israel, they spent a year sampling various parts of New York City and New Jersey with monthly rentals. In 2011, when they were ready to settle down, Mr. Katz said, ‘We pretty much knew we wanted to move to Roosevelt Island.’” Read more [The New York Times]

 

 

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