NYC Council approves Midtown rezoning, paving way for new towers

Skyline of East Midtown. Overview. The Department of City Planning is proposing a rezoning of East Midtown, a 73-block area surrounding Grand Central Terminal. The purpose of the rezoning is to ensure the area’s future as a world-class business district and major job generator for New York City.

Real Estate Inwood rezoning approved by City Council despite protests over neighborhood’s future. The plan paves the way for larger residential buildings and includes hundreds of millions in.

A flattening yield curve is not a threat to mortgage insurers Contrary to other REITs, the company’s focus is not owning real estate. Instead, its core activity is to invest and manage a portfolio of mortgage-backed securities. This happens because the yield.

The 500-square-foot home has been fully renovated. Welcome back to The Six-Digit Club, in which we take a look at a newish-to-market listing priced under $1 million, because nice things sometimes come in small packages.send nominations to the tipline.. Along Waverly Place in Greenwich Village, an attractive loft studio has hit the market and surprisingly, it doesn’t cost a million dollars.

A fresh proposal, drafted with input from members of the city planning department, is scheduled for public hearing on Oct. 18, paving the way for a possible approval by the city council in November, said Ben Kallos, a councilman who is one of the applicants seeking rezoning. Should the new rules be approved, Gamma’s development plans would be.

In many ways, 2013 was an historic year for the New York City real. to rezone Midtown East, citing a lack of City Council support. The industry-supported proposal would have eased restrictions on.

It was approved by the City Planning Commission and then the City Council in August 2017. The new East Midtown rules offer a number of significant incentives for development of new office towers and the enlargement of existing office buildings on what are defined as "qualifying sites" – sites that have frontage on a wide street, at least 75 feet of which, at the time of development, is clear of buildings.

SIFMA approves changes to allow forward delivery of loans for UMBS

The three documents arrived by mail at The Times with a postmark indicating they had been sent from New York City. The return address claimed the envelope had been sent from Trump Tower. “A City.

Non-QM loans bend underwriting less than subprime did: DBRS

The New york city council voted to rezone about 78 blocks of east Midtown Manhattan, enabling an aging building stock to be replaced by newer, larger and taller office towers. The proposal, recommended last month by council subcommittees, was approved Wednesday by a 42-0 vote.