Res 0631-2023

WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council its request dated March 17, 2023 that the Council amend a previously approved tax exemption for real property located at (Block 376, Lot 58), Manhattan ("Exemption Area") pursuant to Section 422 of the Real Property Tax Law; WHEREAS, the HPD's request for amendments is related to a previously approved Council Resolution adopted on May 8, 2002 (Resolution No. 263) (the "Prior Resolution"), granting the Exemption Area a real property tax exemption pursuant to Section 422 of the Real Property Tax Law; WHEREAS, the Council held a public hearing on this request and subsequently approved the request by Council Resolution 569 of 2023 (Resolution 569) on April 11, 2023; WHEREAS, this Resolution inaccurately stated the amendment was approved pursuant to Section 577 of the Private Housing Finance Law and should instead have said it was approved pursuant to Section 422 of the Real Property Tax Law; RESOLVED: The Council amends Resolution 569 by deleting the first paragraph under the Resolved section in its entirety and replacing it with the following: The Council approves the amendments to the Prior Resolution requested by HPD for the Exemption Area pursuant to Section 422 of the Real Property Tax Law as follows: Except as specifically amended above, all other terms, conditions, provisions and requirements of the Prior Resolution remain in full force and effect. 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 May 11, 2023, on file in this office. _______________________ City Clerk, Clerk of Council