As part of her 2023 State of State address, Governor Kathy Hochul announced a statewide strategy to address New York’s housing crisis by building 800,000 new homes over the next decade. The plan, dubbed as the “New York Housing Compact,” is a comprehensive, multi-pronged strategy that mandates local participation and grants incentives to achieve housing growth across the State. It
Continue Reading Governor Hochul’s Ambitious Statewide Strategy to Address New York’s Housing CrisisAffordable Housing
10 More Years – New York’s Brownfield Cleanup Program Extended
When New York Governor Kathy Hochul executed the 2022-2023 State Budget, it included a 10-year extension to the State’s Brownfield Cleanup Program (“BCP” or “Program). The State’s voluntary, incentive-laced, BCP was set to expire on December 31, 2022. The Program’s extension generally reinforces the State’s commitment to incentivize the remediation and re-use of environmentally-compromised and economically-blighted property.
Applicants can now…
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Third Department Reaffirms That Private Ownership with Public Purpose Okay Under the Public Trust Doctrine
The Public Trust Doctrine holds that when a municipality acquires land for an expressly public purpose, it cannot later sell or otherwise alienate the use of that land for private use without the State Legislature’s approval (see e.g. 10 E. Realty, LLC v Inc. Vill. of Valley Stream, 17 AD3d 474, 476 [2d Dept 2005]). The Doctrine…
Continue Reading Third Department Reaffirms That Private Ownership with Public Purpose Okay Under the Public Trust Doctrine