Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Outer  + Apartments  | 

City Council Enacts Massive Long Island City Rezoning

The New York City Council has approved the Adams administration’s OneLIC Neighborhood Plan. The largest rezoning the city has enacted in 25 years, the plan will rezone a 54-block swath of this Queens waterfront neighborhood to facilitate construction of up to 14,700 housing units, including 4,350 income-restricted units. It also entails adding 3.8 million square feet of commercial, community facility and light industrial space. 

“When we came into office, we promised to turn the page on decades of half-measures and deliver the housing New Yorkers need,” said Mayor Eric Adams. “Four years later, we’ve done exactly that. With our five neighborhood plans and historic ‘City of Yes’ initiative all passed, we’ve laid the foundation for over 130,000 homes and changed the conversation around housing in our city.”

OneLIC is the fifth neighborhood plan to be approved under Adams, following Midtown South, Jamaica, Atlantic Avenue and the Bronx-Metro North Station Area Plan.

Connect

Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Policy/Gov't