construction: New York halts most construction - 03/28/20 06:43 AM
Only transit, hospital and affordable housing will continue
 
New York Gov. Andrew Cuomo 
 
After facing pressure from city officials and workers, the state is shutting down all construction except work on infrastructure, healthcare facilities and affordable housing.
 
The Empire State Development Corp. updated its guidelines Friday, saying only work on “roads, bridges, transit facilities, utilities, hospitals or health care facilities, affordable housing, and homeless shelters” will be considered essential. The qualification is a dramatic change from the blanket exemption included in an executive order Gov. Andrew Cuomo signed last week. Under the order, employees of all non-essential businesses are prohibited from reporting to work. … (3 comments)

construction: Two construction sites shut down as workers get Covid-19 - 03/25/20 07:50 AM
Work at Moynihan and part of LaGuardia Airport temporarily stopped
 
Skanska temporarily halted construction at LaGuardia Airport’s Terminal B and Moynihan Train Hall due to workers with Covid-19
 
Construction has been temporarily halted at two major infrastructure projects, including part of the multibillion-dollar overhaul of LaGuardia Airport, after workers were diagnosed with Covid-19.
 
Work on the western concourse at LaGuardia’s Terminal B was shut down until March 30 after one worker tested positive for the coronavirus, according to the joint venture between Skanska and the Walsh Group that is working on the project.
 
 Construction was immediately halted “on the affected section of the site for … (1 comments)

construction: Garment District rezoning process kicks off, Zoning rules will change - 06/13/18 07:41 AM
Zoning rules will change on side streets  The Department of City Planning on Monday kicked off the months-long process to change zoning rules in the Garment District.
 
The agency certified a text amendment that will lift a 1987 zoning restriction in certain parts of the neighborhood. This marks the first step in the Uniform Land Use Review Procedure (ULURP), which will take several months and culminate in a vote by the City Council.
Earlier this month, the city revealed revised plans to rezone the district after temporarily tabling a previous proposal. The latest plan allows owners of buildings on certain side streets in the district to … (0 comments)

construction: The top 10 biggest real estate projects coming to NYC - 06/11/18 07:28 AM
 
A 17-story affordable housing development in the Bronx topped the list  
 
A mixed-use affordable housing development in the Bronx was the largest project filed with the city in May.
 
Jorge Madruga’s Maddd Equities is planning a roughly 274,000-square-foot development at 1164 River Avenue. The 17-story building will contain 250 affordable housing units and is part of a 750-unit complex the company is planning across two buildings on River Avenue.
 
Other large projects filed in May include a 201-unit residential project on the Greenpoint waterfront, a new hotel from Sam Chang in Long Island City and a 129-unit residential project from HAP Investments in Washington … (0 comments)

construction: Amid housing slump, home sizes shrink - 11/16/10 03:24 AM
The median American home size has dropped to 2,100 square feet -- down from 2,300 at the peak of the housing boom in 2007 -- according to a study by Trulia.com, a real estate website. Each year, Builder magazine designs a concept home to reflect the current state of the market.  This year, the "Home for the New Economy" is just 1700 square feet.
In part, the downsizing trend is a product of necessity.  During the years of the housing boom, many home expansions were financed through home re-financing deals.  Now that home loans have frozen up, people are less likely … (3 comments)

 
Jeffrey Ditri, New York City Residential Rental Specialist  (JAD Realty Group, LLC.)

Jeffrey Ditri

New York City Residential Rental Specialist

Manhattan, NY

More about me…

JAD Realty Group, LLC.

Address: 1386 Lexington Avenue , ny, ny, 10128

Office: (610) 781-8417



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