NYC Real Estate & Development News

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East Williamsburg Seeks Projects for $20M NYC Revamp

East Williamsburg is beginning the process of deciding how to invest $20 million in state funding aimed at strengthening the Brooklyn neighborhood’s commercial corridors and public spaces. The Downtown Revitalization Initiative has opened a call for capital projects within the designated East Williamsburg investment area, with potential proposals ranging from building rehabilitation and new development to public-space improvements, storefront enhancements and neighborhood signage. Brooklyn Borough President Antonio Reynoso, who helped lead the funding application with the Graham Avenue and Grand Street business improvement districts, is encouraging residents and local stakeholders to participate in the planning process. A public workshop is scheduled for September 23 at the Williamsburg Community Center, where community members can learn about the program and provide input on neighborhood priorities.

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NY Moves to Protect Historic Queens Burial Ground

A historic burial ground in Elmhurst, Queens, believed to contain the remains of more than 300 New Yorkers, many of whom were formerly enslaved, is at the center of a state legal effort as the property approaches a foreclosure sale. New York Attorney General Letitia James is seeking to intervene in the case involving 47-11 90th Street so prospective buyers are informed about the human remains and their responsibilities under state burial-site protections. The property’s history as a burial ground dates to 1818 and is connected to the United African Society of Newtown, which later became St. Mark African Methodist Episcopal Church. State officials are seeking safeguards intended to prevent additional disturbance of remains still believed to be at the site.

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SL Green NYC Office Leasing Nears 1.8M Square Feet

SL Green is reporting significant leasing activity across its Manhattan office portfolio in 2026, providing another indicator of demand for high-end commercial space in New York City. The real estate company has completed nearly 1.8 million square feet of office leasing this year, while maintaining an additional pipeline of prospective transactions. Several prominent Manhattan addresses are contributing to that performance, including 245 Park Avenue and One Vanderbilt, where major corporate tenants continue to occupy substantial space. The results are particularly noteworthy as landlords, businesses and investors watch the pace of New York City’s office-market recovery and the performance of premium properties. SL Green’s latest figures provide a snapshot of how one of Manhattan’s largest commercial landlords is performing amid the evolving workplace and real estate environmen

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NYC Homebuyers Look to Midtown Harrisburg for Value

As homeownership becomes increasingly difficult to achieve in New York City, smaller Northeast cities are creating new possibilities for buyers willing to expand their search. Pennsylvania’s capital stands out for its combination of attainable housing, historic neighborhoods, a growing arts scene, higher education, major employers and a walkable riverfront lifestyle, making Midtown Harrisburg an option New Yorkers may not have considered.

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Housing Lottery Opens for 91 Brooklyn Apartments

Applications are now being accepted for 91 apartments at Botanic Heights, a newly constructed residential development in Crown Heights. Available through New York City's Affordable Housing Lottery program, the apartments include one- and two-bedroom units for eligible households. The application deadline is July 28, 2026.

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20 Affordable Downtown Brooklyn Apts Available

New Yorkers seeking affordable housing have a new opportunity in Downtown Brooklyn as applications are being accepted for 20 income-restricted apartments at 165 Willoughby Street. The development offers modern studio and two-bedroom homes with a range of residential amenities and convenient access to transit, employment centers, shopping, and entertainment. Eligible households earning between approximately $75,669 and $146,560 annually may qualify, with applications being accepted through NYC Housing Connect until June 29, 2026.

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Bridge to Home Program Expands Into Brooklyn

NYC Health + Hospitals is expanding its innovative Bridge to Home program to Crown Heights, Brooklyn, bringing transitional housing and intensive behavioral health services to unhoused New Yorkers living with serious mental illness. The expansion follows strong early success at the program’s Manhattan location, which has helped guests stabilize, access clinical care, and transition into permanent supportive housing. The Brooklyn site, expected to open in fall 2026, will provide up to 50 residents with 24/7 support, behavioral health treatment, housing navigation, and wraparound services designed to break the cycle between hospitals, shelters, and homelessness. Local leaders and health officials say the initiative represents a major investment in mental health care, housing stability, and long-term recovery for vulnerable New Yorkers.

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Mamdani Launches Bed-Stuy Housing Plan

Mayor Zohran Mamdani, alongside the NYC Department of Housing Preservation and Development (HPD) and the Department of Social Services (DSS), announced the start of a public engagement process for Fulton-Howard West, a major new affordable housing and community services project in Bedford-Stuyvesant. The proposal would transform City-owned land on Fulton Street into a mixed-use development featuring 100% affordable housing, upgraded community spaces and expanded social services for local residents.

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Jeffries, Velázquez Secure $1.85M for Broadway Corridor

House Democratic Leader Hakeem Jeffries and Congresswoman Nydia Velázquez have secured $1.85 million in federal funding to support the long-awaited reconstruction of Brooklyn’s Broadway Corridor. The investment will fund critical roadway and pedestrian safety improvements along a heavily trafficked stretch connecting Williamsburg to East New York. Local leaders say the project addresses years of infrastructure concerns and aims to improve conditions for residents, small businesses, and commuters who rely on the corridor daily.