THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 1885
Resolution approving a conveyance of property located on Block 1861, Lot 119, Borough of Brooklyn, pursuant to Section 122(1) of the Private Housing Finance Law (L.U. No. 869; 20135777 HAK).
By Council Members Comrie and Levin
WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council on June 20, 2013 its request dated June 10, 2013 that the Council take the following actions regarding the following project (the "Project") located on Block 1861, Lot 119 (the "Conveyance Area"), Community District 3, Council District 36, Borough of Brooklyn:
Approve pursuant to Section 122(1) of the Private Housing Finance Law (PHFL), the conveyance of the Conveyance Area by the current owner to the new owner;
WHEREAS, upon due notice the Council held a public hearing on the Project on July 23, 2013;
WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the project;
RESOLVED:
For the purposes hereof, the following terms shall have the following meanings:
"Current Owner" shall mean Fulton Street South Redevelopment Company, L.P.,
a Redevelopment Company.
"New Owner" shall mean Fulton Street Development, L.L.C.
The Council approves pursuant to Section 122(1) of the Private Housing Finance Law, the conveyance of the Conveyance Area by the Current Owner to the New Owner.
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 July 24, 2013, on file in this office.
City Clerk, Clerk of The Council