Lendlease to Exit U.S. Market and Hand Over Some Operations to Consigli "As part of Lendlease’s exit from the country, Consigli Building Group has acquired all of Lendlease’s New York and New Jersey operations, including its employees and up to 45 Lendlease projects currently underway, Consigli announced. Terms of the acquisition were not disclosed." (Commercial Observer)
NYC Property Owners Could See Their Water Bill Rise by 8.5% "The biggest water bill hike in years is driven by water board fees revived by the Adams administration." (The City)
Truly affordable housing lottery opens in Ocean Hill, with units ranging from $486 to $2,664 (Brooklyn Paper)
State court revives suit to overturn Local Law 97 on appeal, potentially imperiling landmark climate law "Two co-op complexes in Queens, Glen Oaks Village and Bay Terrace, filed the lawsuit in 2022, arguing that the law would unduly burden middle-class homeowners with excessive penalties; the state Supreme Court last year." (amNY)
NYC is set to unlock its Section 8 waitlist. But don’t wait to apply. "The federal Section 8 program, also known as the Housing Choice Voucher program, pays the bulk of the rent for low-income recipients who usually contribute 30% of their income toward the total cost. But demand for a limited number of vouchers has remained extremely high, prompting New York City to lock its waitlist in 2009 — three mayors ago." (Gothamist)
