Archive for the ‘Affordable Housing’ Category

Creating Sports-Oriented Districts – Successes and Long-term viability

admin | September 30, 2015 in Affordable Housing,Development | Comments (0)

Creating Sports-Oriented Districts – Successes and Long-Term Viability

 On Friday, September 25, Herrick hosted the Urban Land Institute of New York (ULI) for a discussion on Sports-Oriented Districts. Speakers included:

  • Richard Browne, Managing Partner, Sterling Equities
  • Jim Lester, Senior Vice President of Commercial and Residential Development, Forest City Ratner Companies
  • Brad Mayne, President and CEO, Metlife Stadium

The panel was moderated by Bill Johnson, Designing Principal at HOK Sports, Recreation and Entertainment and the introduction to the panel was given by Mitch Korbey, Partner and Chair of Herrick’s Land Use & Zoning Group.

The panel focused on the concept of New York is as a home to the greatest concentration of professional sports teams in the country. These sports-districts’ successes and long-term viability are dependent on getting the right mix of uses, critical mass and the most valuable connection to the communities surrounding them.

Bill Johnson stressed the importance of establishing a vision but also of ensuring that a critical mass, correct mix and community connection was present when venturing into the planning and development of these districts.

Richard Browne spoke about the successes and challenges he has faced in the development of Citifield and the surrounding area.  As they continue to develop the area to serve the community beyond the stadium, Richard said, “It is important to create critical mass outside of baseball season.” Developers are now focused on building a one-million square-foot shopping mall near Citifield.

Jim Lester commented on the development of Barclays Center in Brooklyn, saying: “Four residential buildings are going up around Barclays, one of which is entirely affordable housing,” This serves the community well because of the $75 million transit hub that opens right by Barclays.” With the Islanders coming to Brooklyn and Nassau Coliseum being completely revamped, opportunities to grow and develop these communities are becoming more commonplace. Nassau Coliseum will be an entertainment hub for the community, focusing the venue on family entertainment, concerts, boxing and even an indoor skydiving arena.

Brad Mayne spoke about a $38 million cleanup of industrial sites to develop areas in Victory Park, Dallas around the American Airlines Center. These massive cleanup efforts for development are what help to foster and build communities around these sports districts.  “Never stop searching for new opportunities.” said Mayne, who talked about the upcoming American Dream mall at the Meadowlands. The mall is projected to have an indoor water park, an ice rink and concert hall and amusement rides, and with tenants like Hermes signed on, this development will definitely draw new interest to this district.

The Next 50

Eldad Gothelf, LEED AP Urban Planner, Herrick's Land Use Group | December 8, 2011 in Affordable Housing,Green Buildings,Green Issues,Planning,Zoning,Zoning Resolution | Comments (7)

Next Thursday, the New York City Zoning Resolution turns 50 years old. As zoning nerds the world over take a minute to acknowledge this milestone, we must not forget to turn our attention to the next 50 years and start considering specific actions that will encourage the progress of this great city and preserve its competitive advantage. It is time to think big…literally.

While planning (and zoning, for that matter) doesn’t happen in a vacuum, as we look at the next 50 years, architects of the City’s planning and zoning policies should take three words into consideration – no, not location location location. Urban planning technocrats, elected officials, neighborhood groups, and all other stakeholders should be guided by the following three words: (more…)

A Clear Message on Sustainable Housing?

Eldad Gothelf, LEED AP Urban Planner, Herrick's Land Use Group | October 22, 2010 in Affordable Housing,Development,Green Buildings,Green Issues,Real Estate Industry | Comments (2)

Earlier today, the Municipal Arts Society, as part of their Summit for New York City, held a conference on Sustainable Housing.

The panelists each had a few minutes to share their experiences. (more…)

421-a Program: What Does the Future Hold?

Eldad Gothelf, LEED AP Urban Planner, Herrick's Land Use Group | July 30, 2010 in 421-a,Affordable Housing | Comments (12)

421aCrystal Ball

Picture it: City and State lawmakers racing against the sunsetting of the 421-a law to modify and extend the program.

While it may seem like only yesterday, this scene actually played out three long years ago; and is likely to reenact itself in a few short months.

At the end of 2007, the market was still trending upwards (the fall of Lehman in October 2008 was months away) and the overall tenor of the debate was not if the program’s benefits should be limited, but by how much.  In the end, the program was extended for three years, the exclusion zone was expanded, negotiable certificates were essentially eliminated, and benefits were capped based on assessed value. (more…)

New Year, New Domino

Jennifer Dickson, Urban Planner, Herrick's Land Use Group | January 5, 2010 in Affordable Housing,Rezonings,Zoning | Comments (11)



Yesterday, the City Planning Commission certified the application for the New Domino project.  The project, when approved, will permit the redevelopment of the formerly-industrial Domino Sugar factory site on the Brooklyn waterfront as a vibrant, mixed-use development.


New York High Court Rules in Stuy Town Case

Dennis Sughrue, Partner, Herrick | October 22, 2009 in Affordable Housing,J-51 Program,Litigation | Comments (8)

In the closely watched Stuyvesant Town case, New York’s highest court ruled today that buildings enrolled in the J-51 tax abatement program are not subject to the rent stabilization law’s luxury decontrol provisions.  Thousands of buildings throughout New York City are enrolled in the J-51 program, which grants property tax benefits in return for the performance of capital improvements to an existing multiple dwelling or the conversion of a non-residential building to a multiple dwelling.

The ruling upsets a decade-old assumption, supported by a 1996 advisory opinion issued by DHCR, the state agency charged with administering rent stabilization, that enrollment in the J-51 program does not preclude deregulation.  There are myriad implications of the decision — which raises as many questions as it answers.

We will be watching this closely and hope to update you soon on the fallout from this significant decision.