New York City Council Header
File #: Res 1014-2019    Version: * Name: LU 468 - Landmarks, 784 Courtlandt Avenue, Bronx (C 190293 HAX)
Type: Resolution Status: Adopted
Committee: Committee on Land Use
On agenda: 7/23/2019
Enactment date: Law number:
Title: Resolution approving the application submitted by the New York City Department of Housing Preservation and Development ("HPD") and the decision of the City Planning Commission, ULURP No. C 190293 HAX, approving the designation of an Urban Development Action Area, an Urban Development Action Area Project, and the disposition of city-owned property located at 359 East 157th Street (Block 2404, Lot 1) and 784 Courtlandt Avenue (Block 2404, Lot 2), Borough of the Bronx, Community District 1, to a developer selected by HPD (L.U. No. 468; C 190293 HAX).
Sponsors: Rafael Salamanca, Jr., Adrienne E. Adams
Council Member Sponsors: 2
Attachments: 1. Land Use Calendar - Week of June 17, 2019 - June 21, 2019, 2. June 18, 2019 - Stated Meeting Agenda with Links to Files, 3. Hearing Testimony - Landmarks 6-20-19, 4. Hearing Transcript - Stated Meeting 6-18-19, 5. Hearing Transcript - Landmarks 6-20-19, 6. Land Use Calendar - Week of July 15, 2019 - July 19, 2019, 7. July 23, 2019 - Stated Meeting Agenda with Links to Files, 8. Committee Report, 9. Res. No. 1014, 10. Hearing Transcript - Stated Meeting 7-23-19, 11. Minutes of the Stated Meeting - July 23, 2019

THE COUNCIL OF THE CITY OF NEW YORK

RESOLUTION NO. 1014

 

Resolution approving the application submitted by the New York City Department of Housing Preservation and Development (“HPD”) and the decision of the City Planning Commission, ULURP No. C 190293 HAX, approving the designation of an Urban Development Action Area, an Urban Development Action Area Project, and the disposition of city-owned property located at 359 East 157th Street (Block 2404, Lot 1) and 784 Courtlandt Avenue (Block 2404, Lot 2), Borough of the Bronx, Community District 1, to a developer selected by HPD (L.U. No. 468; C 190293 HAX).

 

By Council Members Salamanca and Adams

 

WHEREAS, the City Planning Commission filed with the Council on June 14, 2019 its decision dated June 3, 2019 (the "Decision"), on the application submitted by the New York City Department of Housing Preservation and Development (“HPD”) regarding city-owned property located at 359 East 157th Street (Block 2404, Lot 1) and 784 Courtlandt Avenue (Block 2404, Lot 2), (the “Disposition Area”), approving:

 

a)                     pursuant to Article 16 of the General Municipal Law of New York State the designation of Disposition Area as an Urban Development Action Area;

 

b)                     pursuant to Article 16 of the General Municipal Law of New York State an Urban Development Action Area Project for the Disposition Area (the "Project"); and

 

c)                     pursuant to Section 197-c of the New York City Charter the disposition of the Disposition Area to a developer to be selected by the New York City Department of Housing Preservation and Development;

 

which in conjunction with the related action would facilitate the construction of a seven-story mixed-use building with affordable residential units, ground floor retail space, and community facility space in the Melrose neighborhood of Bronx Community District 1, (ULURP No. C 190293 HAX) (the "Application");

 

WHEREAS, the Application is related to application C 190292 HUX (L.U. No. 467), a

fourth amendment to the Melrose Commons Urban Renewal Plan;

 

WHEREAS, the City Planning Commission has certified its unqualified approval of UDAAP pursuant to Article 16 of the General Municipal Law;

 

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

 

WHEREAS, by letter dated June 17, 2019 and submitted to the Council on June 18, 2019, HPD submitted its requests (the “HPD Requests”) respecting the Application including the submission of the project summary for the Project (the “Project Summary”);

 

WHEREAS, upon due notice, the Council held a public hearing on the Application and Decision and the HPD Requests on June 20, 2019;

 

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

 

                     WHEREAS, the Council has considered the relevant environmental issues, including the negative declaration issued on February 20, 2019 (CEQR No. 19HPD016X) (the “Negative Declaration”).

 

RESOLVED:

 

                     The Council finds that the action described herein will have no significant impact on the

environment as set forth in the Negative Declaration.

 

Pursuant to Section 197-d of the New York City Charter, based on the environmental determination and the consideration described in the report C 190293 HAX and incorporated by reference herein, and the record before the Council, the Council approves the Decision of the City Planning Commission and the HPD Requests.

 

The Council approves the disposition of the Disposition Area under Section 197-d of the New York City Charter, to a developer to be selected by the New York City Department of Housing Preservation and Development for the development of the Project consistent with the Project Summary.

 

The Council finds that the present status of the 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 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 and subject to the terms and conditions of the Project Summary.

 

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 23, 2019, on file in this office.

 

 

 

 

.....................................................

City Clerk, Clerk of The Council

 

 

 

 

 

 

PROJECT SUMMARY

 

 

1.                     PROGRAM:                                                                                                                                                   NEIGHBORHOOD CONSTRUCTION PROGRAM

 

2.                     PROJECT:                                                                                                                                                   784 Courtlandt Ave

 

3.                     LOCATION:

 

                     a.                     BOROUGH:                                                                                                                              Bronx

 

                     b.                     COMMUNITY DISTRICT:                                                                                    1

 

                     c.                     COUNCIL DISTRICT:                                                                                    17

 

                     d.                     DISPOSITION AREA:                                                                                    BLOCK                     LOT(S)                     ADDRESS(ES)

                                                                                                                                                                                                                  2404                                                               1                     359 East 157 Street                     

                                                                                                                                                                                                                  2404                                                               2                     784 Courtlandt Avenue

                                                                                    

4.                     BASIS OF DISPOSITION PRICE:                                                               Nominal.  Sponsor will pay one dollar per lot and deliver a note and mortgage for the remainder of the appraised value (“Land Debt”).  For a period of at least thirty (30) years following completion of construction, the Land Debt will be repayable out of resale or refinancing profits.  The remaining balance, if any, may be forgiven at the end of the term.

 

5.                     TYPE OF PROJECT:                                                                                                         New Construction

 

6.                     APPROXIMATE NUMBER OF BUILDINGS:                     1

 

7.                     APPROXIMATE NUMBER OF UNITS:                                          20 dwelling units

 

8.                     HOUSING TYPE:                                                                                                                              Rental

 

9.                     ESTIMATE OF INITIAL RENTS                                                                                    Rents will be affordable to families with incomes between 30% and 80% of area median income (AMI).  Formerly homeless tenants referred by DHS and other City agencies will pay up to 30% of their income as rent.  All units will be subject to rent stabilization.

 

 

10.                     INCOME TARGETS                                                                                                                              Up to 80% of AMI.

 

11.                     PROPOSED FACILITIES:                                                                                                         2,278 gross square feet of commercial space

                                                                                                                                                                                                                  6,225 gross square feet of community facility space

 

12.                     PROPOSED CODES/ORDINANCES:                                                               None

 

13.                     ENVIRONMENTAL STATUS:                                                                                    Negative Declaration

 

14.                     PROPOSED TIME SCHEDULE:                                                               Approximately 24 months from closing to completion of construction