THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 573

Title
Resolution approving the decision of the City Planning Commission on an application submitted by the Department of Housing Preservation and Development, ULURP No. C 040255 HAM, approving the designation of 200 Chambers Street (Block 142, Lot 1 (part) and Lot 9), Manhattan, as an Urban Development Action Area, approving the project for the area as an Urban Development Action Area Project, and approving the disposition of such property to the New York City Economic Development Corporation (L.U. No. 103; C 040255 HAM).
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By Council Members Katz and Martinez


WHEREAS, the City Planning Commission filed with the Council on July 30, 2004 its decision dated July 28, 2004 (the "Decision"), on the application submitted by the Department of Housing Preservation and Development pursuant to Section 197-c of the New York City Charter and Article 16 of the General Municipal Law of New York State regarding:

a) the designation of 200 Chambers Street (Block 142, Lot 1 (part) and Lot 9), as an Urban Development Action Area (the "Area");

b) an Urban Development Action Area Project for such area (the "Project"); and

pursuant to Section 197-c of the New York City Charter for the disposition of such property to the New York City Economic Development Corporation to facilitate the development of a mixed-use project in Lower Manhattan within the former Washington Market Urban Renewal Area, Community District 1, Borough of Manhattan (the "Disposition") (ULURP No. C 040255 HAM) (the "Application");

WHEREAS, the Application is related to ULURP Application Number C 040257 (A) ZSM (L.U. No. 104), a special permit pursuant to Section 74-721(a) of the Zoning Resolution;

WHEREAS, the Decision is subject to review and action by the Council pursuant to Section 197-d(b)(1) of the City Charter;

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;

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WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council its recommendations regarding the Application by submission dated July 21, 2004;

WHEREAS, upon due notice, the Council held a public hearing on the Application and Decision on September 7, 2004;

WHEREAS, the Council has considered the relevant environmental issues and the Final Environmental Impact Statement (“FEIS”) for which a Notice of Completion was issued on July 16, 2004 (CEQR No. 02DME003M); and

WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the Application;

RESOLVED:

Having considered the FEIS, with respect to the Application, the Council finds that:

(1) The FEIS meets the requirements of 6 N.Y.C.R.R. Part 617;

From among the reasonable alternatives thereto, the actions to be approved are ones which minimize or avoid adverse environmental impacts to the maximum extent practicable; and

The adverse environmental impacts revealed in the FEIS will be minimized or avoided to the maximum extent practicable by incorporating as conditions to the approval those mitigative measures that were identified as practicable;

The Decision and the FEIS constitute the written statement of facts, and of social, economic and other factors and standards that form the basis of the decision, pursuant to 6 N.Y.C.R.R. §617.11(d).

Pursuant to Section 197-d, the Council approves the decision of the City Planning Commission (C 040255 HAM).

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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 approves the designation of the Disposition 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.

The Council approves the disposition of said property to the New York City Economic Development Corporation.


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 September 9, 2004, on file in this office.






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City Clerk, Clerk of The Council