The number of affordable units in a luxury rental building downtown will more than double under a new agreement between landlord Glenwood Management and the Battery Park City Authority.The authority has reached a deal with Glenwood to preserve and expand the affordable housing units at 450 North End Ave., known as the Tribeca Bridge Tower. The 152-unit building currently includes only 12 affordable apartments, but this will increase to 31 until at least 2069, the remainder of the building's ground lease with the authority.The 25-story doorman building had included 31 affordable units when it first opened in 1998, but the initial affordable housing program expired in 2005, and many of those units have switched to market-rate in the years since as former residents moved out. Market-rate units at the building, which is fully occupied, have rented at between $4,995 for a one-bedroom to $14,295 for a three-bedroom this year, according to the listings site StreetEasy.The units under the original deal were for households earning up to 150% of the area median income, which is currently $243,000 for a family of four. Under the new deal, at least 10 units will be for households earning no more than 60% of the area median income ($97,200 for a family of four), at least nine will be for households earning no more than 80% ($129,600), and at least 12 will be for households earning no more than 120% ($194,400).The next 19 market-rate units in the building that become vacant will be... Continue reading at 'Crains New York'
[ Crains New York | 2025-06-27 16:41:47 UTC ]
NASA announced on Thursday it has awarded $415.6 million US to billionaire Jeff Bezos' Blue Origin, stalwart contractor Northrop Grumman Corp and venture-backed Nanoracks to develop privately owned and operated commercial space stations. ... Continue reading at CBC
[ CBC | 2021-12-03 12:56:05 UTC ]
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Iran's state TV says a cyberattack has disrupted access to the country's privately owned Mahan Air Continue reading at ABC News
[ ABC News | 2021-11-21 09:33:44 UTC ]
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The Vancouver Aquarium has been sold from Ocean Wise Conservation Association to Herschend Enterprises, a privately owned tourism company based in the United States. Continue reading at CBC
[ CBC | 2021-04-15 16:49:57 UTC ]
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Jury is out on whether video-sharing site could make Microsoft a social media giantAs the clock ticks on Microsoft’s fast-track talks to buy TikTok the jury is out on whether it marks a unique opportunity to become a global social media giant overnight, or a $50bn (£38bn) geopolitically fuelled... Continue reading at The Guardian
[ The Guardian | 2020-08-10 14:21:38 UTC ]
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The turmoil that roiled the National Book Critics Circle last week continued throughout the weekend and into Monday morning as concerns over matters of race and privacy continue to split the organization's board of directors. As of press time, at least 13 members have resigned from the typically... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-15 04:00:00 UTC ]
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One of Nashville’s largest privately owned companies is launching an initiative aimed at bringing more diversity into the tech industry. Asurion has donated $200,000 to create a new data-science scholarship at historically black Fisk University in Nashville, according to a news release. The... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-06-09 17:16:57 UTC ]
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On March 24, President Trump told a Fox News virtual town hall that he’d love to have America “opened up and just raring to go” by Easter. Bill Hemmer, who was hosting, chuckled, and said that would be “a great American resurrection.” Later the same day, during a second appearance on Fox, Trump... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-04-13 12:02:48 UTC ]
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On December 19, police in Jowhar, the capital of Hirshabelle state, raided the privately owned City FM broadcaster, briefly detained Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-12-23 23:00:13 UTC ]
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WHEN I WAS a student in Perm, Russia, my university friend told me that her grandparents were kulaks. The term dates back to the era of collectivization, a harsh agrarian reform that took place in the Soviet Union between the late 1920s and the early ’30s. Hitherto privately owned land and... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-12-14 18:00:21 UTC ]
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Purchase of British Steel gives privately owned Chinese steelmaker Jingye chance to grow outside home market dominated by giant state-owned mills Continue reading at ABC News
[ ABC News | 2019-11-13 11:03:39 UTC ]
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Judging by the dozens of cannabis pitches I receive weekly, weed—which is increasingly gaining recreational legal status across the U.S., despite the hundreds of thousands of people who continue to be arrested for it every year—is ripe for advertising opportunities. Here’s one standout cannabis... Continue reading at Advertising Age
[ Advertising Age | 2019-10-04 20:07:05 UTC ]
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Given the savagery with which New England Patriots dispatched the Pittsburgh Steelers, NBC executives would have been forgiven for thinking that last night’s “Sunday Night Football” opener would disappoint on the ratings front. And while viewers began tuning out once Tom Brady and Co. had... Continue reading at Advertising Age
[ Advertising Age | 2019-09-09 22:50:19 UTC ]
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Forget Coors Light versus Bud Light. The most compelling alcohol brand battle this summer is Truly against White Claw, the two dominant brands in the sizzling-hot alcoholic seltzer category. Neither is owned by brewing behemoths Anheuser-Busch InBev or MillerCoors, which have struggled to... Continue reading at Advertising Age
[ Advertising Age | 2019-08-12 08:00:00 UTC ]
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'Rooster Bar' author John Grisham sinks his teeth into a juicy target: privately owned, for-profit law schools Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2017-12-19 00:00:00 UTC ]
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Rep. Duncan Hunter (R-Alpine) has been pushing the U.S. Coast Guard to buy or lease a polar ice-breaking ship owned by one of his top campaign contributors, although officials repeatedly have said the vessel doesn’t meet the service’s needs. The ship in question, the Aiviq, is a privately owned,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-10-13 00:00:00 UTC ]
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The Frankfurt Book Fair ran from October 8 to 12, wrapping up on Sunday, and while professional attendance appears to have dipped (exact figures were not available at press time), there was a noticeable increase in the enthusiasm of attendees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-10 00:00:00 UTC ]
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Official attendance figures were not available at press time, but ALA officials said the early numbers were on pace to surpass expectations. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-06-30 00:00:00 UTC ]
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