THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 753
Resolution approving a conveyance of property located at Block 1851, Lots 58 and 61; Borough of Brooklyn (Preconsidered L.U. No. 352; 20115509 HAK).
By Council Members Comrie and Levin
WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council on February 22, 2011 its request dated February 7, 2011 that the Council take the following actions regarding the following Project (the "Project") Block 1851, Lots 58 and 61 (the "Conveyance Area"), for the conveyance of property, 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 March 15, 2011;
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 Kingston Heights Apartments LP, a Redevelopment Company.
"New Owner" shall mean 29 MacDonough Street Realty LLC.
The Council approves pursuant to Section 122(1) of the PHFL, 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 March 23, 2011, on file in this office.
City Clerk, Clerk of The Council