THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 1037
Resolution approving the application submitted by the New York City Department of Housing Preservation and Development (“HPD”) and the decision of the City Planning Commission, ULURP No. C 190286(A) HAK, approving the designation of an Urban Development Action Area, an Urban Development Action Area Project, and the disposition of city-owned property located at 190 Essex Street (Block 3956, Lot 59); 223-227 Vermont Street (Block 3706, Lots 12, 13, and 14); and 581-583 Belmont Avenue (Block 4012, Lots 32 and 34), Borough of Brooklyn, Community District 5, to a developer selected by HPD (Preconsidered L.U. No. 506; C 190286(A) HAK).
By Council Members Salamanca and Adams
WHEREAS, the City Planning Commission filed with the Council on August 2, 2019 its decision dated July 31, 2019 (the "Decision"), on the application submitted by the New York City Department of Housing Preservation and Development (“HPD”) regarding city-owned property located at 190 Essex Street (Block 3956, Lot 59); 223-227 Vermont Street (Block 3706, Lots 12, 13, and 14); and 581-583 Belmont Avenue (Block 4012, Lots 32 and 34), (the “Disposition Area”), approving:
a) pursuant to Article 16 of the General Municipal Law of New York State, the designation of the Disposition Area as an Urban Development Action Area;
b) pursuant to Article 16 of the General Municipal Law of New York State an Urban Development Action Area Project for the Disposition Area (the "Project"); and
c) pursuant to Section 197-c of the New York City Charter the disposition of the Disposition Area to a developer to be selected by the New York City Department of Housing Preservation and Development;
to facilitate the development of three three-story, residential buildings providing approximately 41 units of affordable housing in the East New York neighborhood of Brooklyn. Community District 5.
(ULURP No. C 190286(A) HAK) (the "Application");
WHEREAS, the City Planning Commission has certified its unqualified approval of UDAAP pursuant to Article 16 of the General Municipal Law;
WHEREAS, the Application and Decision are subject to review and action by the Council pursuant to Article 16 of the General Municipal Law of New York State and Section 197-d of the City Charter;
WHEREAS, by letter dated August 5, 2019 and submitted to the Council on August 6, 2019, HPD submitted its requests (the “HPD Requests”) respecting the Application including the submission of the project summary for the Project (the “Project Summary”);
WHEREAS, upon due notice, the Council held a public hearing on the Application and Decision and the HPD Requests on August 6, 2019;
WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the Application; and
WHEREAS, the Council has considered the relevant environmental issues, including the negative declaration issued on November 29, 2018 (CEQR No. 18HPD049K) (the “Negative Declaration”).
RESOLVED:
The Council finds that the action described herein will have no significant impact on the environment as set for in the Negative Declaration.
Pursuant to Section 197-d of the New York City Charter, based on the environmental determination and the consideration described in the report C 190286(A) HAK and incorporated by reference herein, and the record before the Council, the Council approves the Decision of the City Planning Commission and the HPD Requests.
Pursuant to Article 16 of the General Municipal Law of the New York State, based on the environmental determination and the consideration described in the report (C 190286(A) HAK) and incorporated by reference herein, the Council approves the Decision of the City Planning Commission and the HPD Requests.
The Council finds that the present status of the 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 approves the designation of the Area as an urban development action area pursuant to Section 693 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 and subject to the terms and conditions of the Project Summary.
The Council approves the disposition of the Disposition Area under Section 197-d of the New York City Charter, to a developer to be selected by the New York City Department of Housing Preservation and Development for the development of the Project consistent with the Project Summary.
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 August 14, 2019, on file in this office.
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City Clerk, Clerk of The Council
PROJECT SUMMARY
1. PROGRAM: NEIGHBORHOOD CONSTRUCTION PROGRAM
2. PROJECT: East New York North
3. LOCATION:
a. BOROUGH: Brooklyn
b. COMMUNITY DISTRICT: 5
c. COUNCIL DISTRICT: 37
d. DISPOSITION AREA: BLOCKS LOTS ADDRESSES
3956 59 190 Essex Street
3706 12 227 Vermont Street
3706 13 225 Vermont Street
3706 14 223 Vermont Street
4012 32 583 Belmont Avenue
4012 34 581 Belmont Avenue
4. BASIS OF DISPOSITION PRICE: Nominal. Sponsor will pay one dollar per lot and deliver a note and mortgage for the remainder of the appraised value (“Land Debt”). For a period of at least thirty (30) years following completion of construction, the Land Debt will be repayable out of resale or refinancing profits. The remaining balance, if any, may be forgiven at the end of the term.
5. TYPE OF PROJECT: New Construction
6. APPROXIMATE NUMBER OF BUILDINGS: 3
7. APPROXIMATE NUMBER OF UNITS: 41 dwelling units, plus one superintendent’s unit
8. HOUSING TYPE: Rental
9. ESTIMATE OF INITIAL RENTS Rents will be affordable to families with incomes between 27% and 67% of area median income (AMI). Formerly homeless tenants referred by DHS and other City agencies will pay up to 30% of their income as rent. All units will be subject to rent stabilization.
10. INCOME TARGETS Up to 70% of AMI.
11. PROPOSED FACILITIES: None
12. PROPOSED CODES/ORDINANCES: None
13. ENVIRONMENTAL STATUS: Negative Declaration
14. PROPOSED TIME SCHEDULE: Approximately 24 months from closing to completion of construction