Res 1572-2021

By Council Members Salamanca and Riley WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council on February 2, 2021 its request dated February 2, 2021 that the Council approve an Urban Development Action Area Project (the "Project") located on Sutter Avenue between Elton and Cleveland Streets (Block 4049, p/o 25), Community District 5, Borough of Brooklyn (the "Disposition Area"): 1. Find that the present status of the Disposition Area tends to impair or arrest the sound growth and development of the municipality and that the proposed Urban Development Action Area Project is consistent with the policy and purposes of Section 691 of the General Municipal Law; 2. Waive the area designation requirement of Section 693 of the General Municipal Law pursuant to Section 693 of the General Municipal Law; 3. Waive the requirements of Sections 197-c and 197-d of the Charter pursuant to Section 694 of the General Municipal Law; and 4. Approve the project as an Urban Development Action Area Project pursuant to Section 694 of the General Municipal Law. WHEREAS, the Project is to be developed on land that is an eligible area as defined in Section 692 of the General Municipal Law, consists solely of the rehabilitation or conservation of existing private or multiple dwellings or the construction of one to four unit dwellings, and does not require any change in land use permitted under the New York City Zoning Resolution; WHEREAS, the Council held a public hearing on the Project on February 18, 2021. WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the Project. RESOLVED: The Council finds that the present status of the Disposition Area tends to impair or arrest the sound growth and development of the City of New York and that a designation of the Project as an Urban Development Action Area Project is consistent with the policy and purposes stated in Section 691 of the General Municipal Law. The Council waives the designation requirement of the Disposition Area as an Urban Development Action Area pursuant to Section 693 of the General Municipal Law. The Council waives the requirements of Sections 197-c and 197-d of the New York City Charter pursuant to Section 694 of the General Municipal Law. The Council approves the Project as an Urban Development Action Area Project pursuant to Section 694 of the General Municipal Law. The Project shall be developed in a manner consistent with the Project Summary that HPD has submitted to the Council on February 2, 2021, a copy of which is attached hereto. PROJECT SUMMARY 1. PROGRAM: PARTNERSHIP NEW HOMES PROGRAM 2. PROJECT: East New York Partnership Homes 3. LOCATION: Sutter Avenue between Elton and Cleveland streets a. BOROUGH: Brooklyn b. COMMUNITY DISTRICT: 5 c. COUNCIL DISTRICT: 42 d. DISPOSITION AREA: BLOCK LOT 4049 p/o 25 4. BASIS OF DISPOSITION PRICE: Nominal. Sponsor will pay one dollar per tax lot. 5. TYPE OF PROJECT: Conservation 6. APPROXIMATE NUMBER OF BUILDINGS: N/A 7. APPROXIMATE NUMBER OF UNITS: N/A 8. HOUSING TYPE: Conservation of an existing private dwelling 9. ESTIMATE OF INITIAL PRICE: N/A 10. INCOME TARGETS: N/A 11. PROPOSED FACILITIES: None 12. PROPOSED CODES/ORDINANCES: None 13. ENVIRONMENTAL STATUS: Type II 14. PROPOSED TIME SCHEDULE: Approximately 3 months to closing. Adopted. Office of the City Clerk, } The City of New York, } ss.: I hereby certify that the foregoing is a true copy of a Resolution passed by The Council of The City of New York on March 18, 2021, on file in this office. ................................................... City Clerk, Clerk of The Council Page 3 of 3 20215015 HAK Res. No. 1572 (L.U. No. 730)