File #: Res 1656-2013    Version: * Name: LU 719 - UDAAP, 1416 Eastern Parkway Extension to the disposition area, creating a new project area, 1416 Eastern Parkway Extrension & 1413 Pitkin Ave, Brooklyn (20135098 HAK)
Type: Resolution Status: Adopted
Committee: Committee on Land Use
On agenda: 2/6/2013
Enactment date: Law number:
Title: Resolution approving modification to a previously approved Urban Development Action Area Project located at 1413 Pitkin Avenue (Block 1475/Lot 78); Borough of Brooklyn, approving the disposition of real property located at 1416 Eastern Parkway Extension (Block 1475/Lot 39); Borough of Brooklyn; approving a tax exemption for the Project Area; and waiving the urban development action area designation requirement and the Uniform Land Use Review Procedure, pursuant to Article 16 of the New York General Municipal Law (L.U. No. 719; 20135098 HAK).
Sponsors: Leroy G. Comrie, Jr., Stephen T. Levin
Council Member Sponsors: 2
Attachments: 1. Committee Report, 2. Hearing Transcript - Stated Meeting 2-6-13
THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 1656
 
 
Resolution approving modification to a previously approved Urban Development Action Area Project located at 1413 Pitkin Avenue (Block 1475/Lot 78); Borough of Brooklyn, approving the disposition of real property located at 1416 Eastern Parkway Extension (Block 1475/Lot 39); Borough of Brooklyn; approving a tax exemption for the Project Area; and waiving the urban development action area designation requirement and the Uniform Land Use Review Procedure, pursuant to Article 16 of the New York General Municipal Law (L.U. No. 719; 20135098 HAK).
 
 
By Council Members Comrie and Levin
 
WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council on September 10, 2012 its request dated August 27, 2012 that the Council take the following actions regarding the proposed modified Urban Development Action Area Project (the "Project") located at 1416 Eastern Parkway Extension (Block 1475/Lot 39) and1413 Pitkin Avenue (Block 1475/Lot 78), Community District 16, Borough of Brooklyn (the "Project Area"):
 
        1.      Find that the present status of the Project Area tends to impair or arrest the sound growth and development of the municipality and that the proposed Urban Development Action Area Project is consistent with the policy and purposes stated in Section 691 of the General Municipal Law;
 
        2.      Waive the designation of the Project Area as an Urban Development Action Area pursuant to Section 693 of the General Municipal Law;
 
        3.      Waive the requirements of Sections 197-c and 197-d of the New York City Charter pursuant to Section 694 of the General Municipal Law;
 
        4.      Approve the project as an Urban Development Action Area Project pursuant to Section 694 of the General Municipal Law; and
 
        5.      Approve the exemption of the Project Area from real property taxes pursuant to Section 696 of the General Municipal Law (the "Tax Exemption").
 
           WHEREAS, the Project is to be developed on land that is now an eligible area as defined in Section 692 of the General Municipal Law, consists solely of the rehabilitation or conservation of existing private or multiple dwellings or the construction of one to four unit dwellings, and does not require any change in land use permitted under the New York City Zoning Resolution;
      WHEREAS, the project located 1413 Pitkin Avenue (Block 1475/Lot 78) to be modified was previously approved by City Council Resolution No. 1431 of September 21, 2011;
 
      WHEREAS, the disposition area to be combined with the modified project is located at 1416 Eastern Parkway Extension (Block 1475/Lot 39);
 
      WHEREAS, the Project Area will consists of properties located at 1413 Pitkin Avenue (Block 1475/Lot 78) and 1416 Eastern Parkway Extension (Block 1475/Lot 39);
      
           WHEREAS, upon due notice, the Council held a public hearing on the Project on January 31, 2013;
 
      WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the Project;
 
RESOLVED:
 
The Council approves the modification of the Project Area consisting of properties located at 1413 Pitkin Avenue (Block 1475/Lot 78) and 1416 Eastern Parkway Extension (Block 1475/Lot 39) (the "Project Area");
 
           The Council finds that the present status of the Project 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 waives designation of the Project Area requirement pursuant to Section 693 of the General Municipal Law.
 
The Council waives the requirements of Sections 197-c and 197-d of the New York City Charter pursuant to Section 694 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 Project shall be developed in a manner consistent with the Project Summary that HPD has submitted to the Council, a copy of which is attached hereto.
 
           The exemption of the Project Area from real property taxes pursuant to Section 696 of the General Municipal Law is approved as follows:
 
a.      All of the value of the buildings, structures, and other improvements situated on the Project Area shall be exempt from local and municipal real property taxation, other than assessments for local improvements and land value, for a period of ten years during the last five years of which such exemption shall decrease in equal annual decrements.  Such exemption shall commence on the January 1st or July 1st (whichever shall first occur) after rehabilitation of the building on the Project Area has been substantially completed and a temporary or permanent Certificate of Occupancy for such building, if required, has been issued by the Department of Buildings. Notwithstanding the foregoing, no exemption shall be granted hereunder if the cost of such rehabilitation is less than the assessed value of such building as determined in the tax year immediately preceding the grant of the tax exemption hereunder.
 
b.      The tax exemption granted hereunder shall terminate with respect to all or any portion of the Project Area if HPD determines that such real property has not been, or is not being, developed, used, and/or operated in compliance with the requirements of all applicable agreements made by the Sponsor or the owner of such real property with, or for the benefit of, the City of New York or HUD.  HPD shall deliver written notice of any such determination of noncompliance to the owner of such real property and all mortgagees of record, which notice shall provide for an opportunity to cure of not less than ninety (90) days.  If the noncompliance specified in such notice is not cured within the time period specified therein, the partial tax exemption granted hereunder shall prospectively terminate with respect to the real property specified therein.
 
 
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 February 6, 2013, on file in this office.
 
 
 
 
 
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    City Clerk, Clerk of The Council