NYC Housing Policy Update

A partnership of master developer RXR and Chuo Nittochi America Corporation Team held a groundbreaking ceremony for its newest residential development within Garvies Point, The Arden. Representing the next phase in a multi-phased transformation of Glen Cove’s waterfront on Long Island, The Arden will rise five stories and feature 101 residences ranging from studios to three-bedrooms.  […]

Comptroller Levine emphasized that the Adams Administration’s FY26 spending levels, which exceed revenue, and failure to properly budget for known, re-occurring expenses, have led to unusually high budget deficit projections for FY26 and FY27.

I’m pleased to report that all four of our initial HALO projects which received $13.5 million total are now moving forward…