THE COUNCIL OF THE CITY OF NEW YORK

RESOLUTION NO. 1494

Resolution approving a proposed Lease Agreement for maritime uses of the City-owned Manhattan Cruise Terminal consisting generally of Piers 88 and 90 on the Hudson River between West 48^th and West 55^th Streets, identified as Block 1107, Lot 12,  and Block 1109, Lot 21 on the Tax Map for the Borough of Manhattan, City and State of New York, and adjacent upland and lands underwater, and the helix structure, roadway approach and ramp to the helix (20175389 PNM; L.U. No. 614).

By Council Members Greenfield and Koo

                           WHEREAS, the New York City Economic Development Corporation, on behalf of the City of New York Department of Small Business Services, filed with the Council on April 20, 2017, pursuant to Sections 1301(2)(f) of the New York City Charter, a proposed lease agreement between The City of New York Department of Small Business Services (“DSBS”), as landlord, and Ports America, Inc. as tenant (“Tenant”) for the leasing of the City-owned Manhattan Cruise Terminal, consisting generally of Piers 88 and 90 on the Hudson River between West 48^th and West 55^th Streets, identified as Block 1107, Lot 12,  and Block 1109, Lot 21 on the Tax Map for the Borough of Manhattan, City and State of New York, and adjacent upland and lands underwater, and the helix structure, roadway approach and ramp to the helix, which initial term of the Lease shall commence upon execution and expires December 30, 2029, with two (2) 5-year renewal periods at Tenant’s option, upon terms and conditions set forth in the lease agreement, a copy of which is attached hereto (the "Lease Agreement”);

                           WHEREAS, the Lease Agreement is subject to review and action by the Council pursuant to Section 1301(2)(f) of the New York City Charter;

                           WHEREAS, upon due notice, the Council held a public hearing on the Lease Agreement on May 16, 2017;

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

                         WHEREAS, the Council has considered the relevant environmental issues, including the determination by DSBS, dated October 21, 2015, that the Lease Agreement is a Type II action pursuant to 6 NYCRR Part 617.5(c)(26) and requires no further review under CEQR (the “Type II Determination”)

RESOLVED:

                     The Council finds that the action described herein shall not result in potentially significant adverse environmental impacts as determined by the Type II Determination.

                           Pursuant to Section 1301(2) (f) of the New York City Charter, the Council approves the Lease Agreement in accordance with the terms and conditions set forth in the Lease Agreement, a copy of which is attached hereto.

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 May 24, 2017, on file in this office.

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                                                                                                              City Clerk, Clerk of The Council