Small businesses suffer from the slow pace of city permitting, which can be crippling given the VERY high rents in New York, a new study from the comptroller’s office finds, according to Crain’s. Via the report: “Few facts serve as a greater indictment of the city’s regulatory superstructure than the existence of expediters.”
Mayor Bill de Blasio, who pooh-poohed Michael Bloomberg’s reliance on private consultants to help run city government, is now spending more on them than Bloomberg did. Politico New York reports that the “EDC spent $17 million in 2015 on management consultants, or more than Bloomberg did in 2013, after Hurricane Sandy, or 2012″—in 2013, the EDC spent $13.5 million on such consultants, with $12.6 million of it on post-Hurricane Sandy related work.
A fire last night blazed through half-a-dozen row houses in a rapidly-gentrifying area of Bushwick, The New York Times reports. The fire injured 11 people, completely destroyed three of the six houses, and displaced dozens of people.
Brokers are touting the ability to collect market rents while receiving a 421-a tax abatement as a major selling point of a Queens apartment building, Crain’s reports. The 213-unit property at 12-15 Broadway, which is located in one of the program’s exempt zones, is asking $135 million, a sum it hopes to fetch, in part, based on the static number of rental properties that will receive the abatement now that the program has expired.
The Brooklyn Hospital Center is hoping to snare a luxury developer who will pay top dollar for its Fort Greene property across from the park, according to DNAinfo. The buyer will be able to build up to 331,500 square feet of space with its own private entrance to Fort Greene Park, according to the broker.
A proposed zoning change would let property owners fill the arcades along
The Harlem church where Malcolm X was eulogized is now facing its own end, with plans afoot to demolish the Childs Memorial Temple Church of God in Christ on Amsterdam Avenue near West 147th and build condos and a more modest, two-story church on the site, The New York Times reports.
One of the few remnants of Greenwich Village’s literary scene is 58 West 10th Street, where famous authors can be found reading their work several nights in any given week. Though it’s hardly an impromptu salon. The New York Times reports that the townhouse is the home of NYU’s creative writing program.
Gothamist knows some “secrets” about Park Slope: it is, for example, where President Obama once cohabitated with his girlfriend by Prospect Park West and the armory is haunted.