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Top News In Gowanus Public Access Area Today - Breaking & Trending Today

Brooklyn parents rally against Mayor Adams's budget cuts threatening Pre-K, 3-K programs

Brooklyn parents are mobilizing against Mayor Eric Adams’s proposed budget cuts to the Department of Education which will weaken the beloved Pre-K and 3-K programs across the city. ....

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TD Bank Provides $73M Construction Loan for Gowanus Residential Development

Developer Avery Hall and its joint venture partners Declaration Partners and Bridge Investment Group have secured $72.5 million of construction financing to build a multifamily development in Brooklyn’s Gowanus neighborhood, Commercial Observer has learned. TD Bank supplied the loan for the developers’s planned 17-story project at 544 Carol Street, which is slated for completion in late 2025. JLL (JLL)’s Christopher Peck and Peter Rotchford arranged the transaction through Bridge Investment Group’s qualified opportunity zone vehicle launched in 2018. ....

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State of emegency in New York over flash flooding

No deaths or critical injuries have been reported. ....

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Hochul's wrongheaded plan to replace a vital affordable-housing tool

With the Legislature refusing to replace the expired 421-a tax break, Gov. Hochul has announced a constitutionally dubious end-run an executive order to push her own tax break and boost construction. ....

New York , United States , Joe Biden , Brooklyn Gowanus , Kathy Hochul , Affordable Housing , Residential Real Estate , Tax Credits ,

Hochul issues orders to spur housing development in New York

Gov. Hochul moved unilaterally to address New York’s housing crisis on Tuesday, issuing executive orders to spur housing development after failing to reach a home creation deal with state lawmakers last month. One of the orders would clear the way for housing development in Gowanus, Brooklyn, by effectively reviving a tax benefit specifically for developers in the area, Hochul said. The . ....

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