THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 1786
Resolution approving the leasing of a parcel of property consisting of approximately 167,000 square feet including the existing 10-story “T Building” of approximately 238,000 gross square feet located on the campus of the Queens Hospital Center, Borough of Queens, (20175110 HHQ; L.U. No. 512).
By Council Members Greenfield and Koo
WHEREAS, the New York City Health and Hospitals Corporation (“HHC”), filed with the Council on October 7, 2016, a notice dated September 29, 2016, of the HHC Board of Directors’ authorization of the leasing agreement of a parcel of property consisting of approximately 167,000 square feet including the existing 10-story “T Building,” of approximately 238,000 gross square feet, on the campus of the Queens Hospital Center, Jamaica, Queens, between the New York City Health and Hospitals Corporation as landlord and T Building Housing Development Fund Company, Inc., a to-be-formed single purpose as entity of which NYC Partnership Housing Development Fund Company, Inc. is the sole member as nominee for the T Building LLC, a to-be-formed single purpose limited liability company, the managing member of which will be T Building Managers LLC, a to-be-formed single purpose entity of which Dunn Development Corp. will be the sole member, upon the terms and conditions set forth in the Health and Hospitals Corporation resolution authorizing said leasing, a copy of which is attached hereto (the “Leasing”), Community District 8, Borough of Queens;
WHEREAS, the Leasing is subject to review and action by the Council pursuant to Section 7385(6) of the Health and Hospitals Corporation Enabling Act;
WHEREAS, upon due notice, the Council held a public hearing on the Leasing on December 13, 2017; and
WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the Leasing;
RESOLVED:
Pursuant to Section 7385(6) of the Health and Hospitals Corporation Enabling Act, the Council approves the Leasing in accordance with the terms and conditions set forth in the Board of Directors’ resolution authorizing the Leasing, 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 December 19, 2017 on file in this office.
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City Clerk, Clerk of the Council