State proposal aims to fast-track mall, office-to-resi projects
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. A state bill that already has the backing of top lawmakers, construction power players and local business groups would fast-track developers’ ability to turn underused malls, office buildings and parking lots into housing across New York. The measure, introduced in mid-March by State Sen. James Skoufis and Assembly member Michaelle Solages, would create a streamlined process for certain commercially zoned, mostly empty properties to be redeveloped into housing or mixed-use complexes. The Redeveloping Empty and Vacant […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

CSC nabs financing for another NYC conversion

Pension fund investments in Carlyle draw fresh
scrutiny

New Empire snaps up controversial church’s Midtown HQ for
likely resi project

7 Passive Investments Paying 8%+ Every Year

12 States Where Home Prices are Falling

8 Vital Questions to Ask Contractors Before Starting any
Home Improvement Project 

6 Tips for Creating the Ultimate Outdoor Living
Space

How to Split Costs When Buying With a Partner

JDS, Property Markets Group snag deal for 111 W 57th St
penthouse

MaryAnne Gilmartin refinancing newly completed Chelsea resi
building


