Posted on: December 18, 2024 02:14 PM

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City of Yes goes into law in NYC

The NYC Mayor is all set to sign the bills of City of Yes as the fanfare is all set at City Hall.

The first task is to change zoning to all boroughs.

Then these were released by the Mayor during the signing ceremony.

Intro 1127A establishes a basement and cellar dwelling unit legalization program in certain community districts. Intro 1128A sets forth design and safety requirements for accessory dwelling units. And Intro 654-A extends the J51 tax abatement program for eligible condos and co-ops for major building renovations and conversions at affordable rental apartments, allowing building owners to recoup improvement costs.

Each community board will receive notice of new buildings set to go by developers starting next year.