Determining feasibility of a proposed affordable housing program

JLP+D advised the City of New York on the development feasibility of the administration’s proposed Mandatory Inclusionary Housing Program. A market and financial feasibility study evaluated the potential effects the program would have on new residential development projects under a range of currently representative market conditions. The Mandatory Inclusionary Housing Program was enacted into law in[…]

James Lima testifies before NYC Landmarks in support of Upper East Side preservation project

JLP+D provided expert testimony before the New York City Landmarks Preservation Commission (LPC) in support of the Friends of the Upper East Side Historic District’s successful effort to preserve the First Avenue Estate (also known as City and Suburban Homes) from demolition. Following further legal challenges to this effort, in January 2016 the New York State Supreme[…]