New York City Mayor Eric Adams has announced the issuance of executive order 43, which requires city agencies to review their city-owned and controlled land for potential housing development sites. The executive order, which builds off the goals of the “City of Yes for Housing Opportunity” proposal, aims to support the Adams administration’s goal of building 500,000 new homes by 2032 to address the city’s affordable housing shortage.
The Daymark, a new waterfront condominium project at 1 Palisades Boulevard in Sleepy Hollow, has made progress toward construction completion. The property is being developed by Biddle Real Estate Ventures and PCD Development and has secured ten new contracts over the summer.
