Fortis scraps affordable housing plans for LICH

After several months of uncertainty and failed negotiations with the city, it looks like Fortis Property Group’s Long Island College Hospital development won’t include affordable housing after all. The company’s president, Joel Kestenbaum, told Politico that Fortis has decided to move forward with an as-of right redevelopment at the Cobble Hill site, saying that the […]

Government Briefs: Port Authority project hits roadblock, city’s first inclusionary zoning project gets voted down … & more

From the September issue: New York officials are blocking the Port Authority’s plans to build a $10 billion bus terminal on Manhattan’s West Side because they want the project moved to New Jersey. The City Council unanimously voted to reject a developer’s proposal to build a 50 percent affordable, 355-unit residential project in Inwood rather than […]