421-a: Affordable New York

421-a: Affordable New York

Jan 24, 2017 | HAP Blog

421a is making a comeback – with a new name. Dubbed “Affordable New York,” Governor Andrew Cuomo has sent the revamped plan to the state legislature for final approval. The real estate community and labor unions have eagerly agreed. The new deal would create 2,500 new...
A FRESH Approach to a Zoning Bonus

A FRESH Approach to a Zoning Bonus

Oct 10, 2016 | HAP Blog

By Katie Poppe | Investor Relations associate In 2008, the City’s Economic Development Corporation and The Department of Health joined forces to assist the Department of City Planning in a study researching the need for supermarkets and the availability of fresh food...
Why Affordable Housing?

Why Affordable Housing?

Aug 25, 2016 | HAP Blog

Many people from Europe, the Middle East and Asia invest in New York City real estate and perhaps think that all New Yorkers live in condos with views of Central Park, a doorman and a couple of guest bedrooms. In fact, that exists in only a slice of the city, the...