Meeting Name: Committee on Finance Agenda status: Final
Meeting date/time: 11/12/2025 10:00 AM Minutes status: Final  
Meeting location: 250 Broadway - 8th Floor - Hearing Room 1
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
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Int 0740-2024 *David M. Carr Proposed Int. No. 740-AEstablishing a real property tax exemption for Cold War veterans.IntroductionThis bill would establish a real property tax exemption for Cold War veterans, defined as persons who served on active duty in the United States armed forces for some period between September 2, 1945 and December 26, 1991 and were honorably discharged or released. The exemption would apply to the veteran’s primary residence, or to the primary residence of the unremarried surviving spouse of the veteran, to the extent that the residence is being used for residential purposes. Fifteen percent of the assessed value of the residential property would be exempt, up to $48,000 or $48,000 multiplied by the latest class ratio, whichever is less. Cold War veterans who were disabled as a result of their service would be eligible for an additional exemption, up to $160,000 or $160,000 multiplied by the latest class ratio, whichever is less.Hearing Held by Committee  Action details Not available
Int 0740-2024 *David M. Carr  Establishing a real property tax exemption for Cold War veterans.IntroductionThis bill would establish a real property tax exemption for Cold War veterans, defined as persons who served on active duty in the United States armed forces for some period between September 2, 1945 and December 26, 1991 and were honorably discharged or released. The exemption would apply to the veteran’s primary residence, or to the primary residence of the unremarried surviving spouse of the veteran, to the extent that the residence is being used for residential purposes. Fifteen percent of the assessed value of the residential property would be exempt, up to $48,000 or $48,000 multiplied by the latest class ratio, whichever is less. Cold War veterans who were disabled as a result of their service would be eligible for an additional exemption, up to $160,000 or $160,000 multiplied by the latest class ratio, whichever is less.Amendment Proposed by Comm  Action details Not available
Int 0740-2024 *David M. Carr  Establishing a real property tax exemption for Cold War veterans.IntroductionThis bill would establish a real property tax exemption for Cold War veterans, defined as persons who served on active duty in the United States armed forces for some period between September 2, 1945 and December 26, 1991 and were honorably discharged or released. The exemption would apply to the veteran’s primary residence, or to the primary residence of the unremarried surviving spouse of the veteran, to the extent that the residence is being used for residential purposes. Fifteen percent of the assessed value of the residential property would be exempt, up to $48,000 or $48,000 multiplied by the latest class ratio, whichever is less. Cold War veterans who were disabled as a result of their service would be eligible for an additional exemption, up to $160,000 or $160,000 multiplied by the latest class ratio, whichever is less.Amended by Committee  Action details Not available
Int 0740-2024 ADavid M. Carr  Establishing a real property tax exemption for Cold War veterans.IntroductionThis bill would establish a real property tax exemption for Cold War veterans, defined as persons who served on active duty in the United States armed forces for some period between September 2, 1945 and December 26, 1991 and were honorably discharged or released. The exemption would apply to the veteran’s primary residence, or to the primary residence of the unremarried surviving spouse of the veteran, to the extent that the residence is being used for residential purposes. Fifteen percent of the assessed value of the residential property would be exempt, up to $48,000 or $48,000 multiplied by the latest class ratio, whichever is less. Cold War veterans who were disabled as a result of their service would be eligible for an additional exemption, up to $160,000 or $160,000 multiplied by the latest class ratio, whichever is less.Approved by CommitteePass Action details Not available
Int 1410-2025 *Justin L. Brannan  Authorizing an increase in the amount to be expended annually in seven business improvement districts and one special assessment district.IntroductionThis bill would authorize an increase in the amount that may be expended annually in each of the following seven business improvement districts (BIDs): Myrtle Avenue BID in the borough of Queens (increases the amount to be expended to $660,000); Woodhaven BID in the borough of Queens (increases the amount to be expended to $425,000); Pitkin Avenue BID in the borough of Brooklyn (increases the amount to be expended to $500,000); Hub Third Avenue BID in the borough of the Bronx (increases the amount to be expended to $700,000); Bryant Park BID in the borough of Manhattan (increases the amount to be expended to $4,000,000); Kings Highway BID in the borough of Brooklyn (increases the amount to be expended to $650,000); and Court-Livingston-Schermerhorn BID in the borough of Brooklyn (increases the amount to be expended to $2,400,000). This bill would also authorize an increase in the amount that may be expended annually in the Fulton Mall special assessment district in the borough of Brooklyn to $4,000,000.Hearing Held by Committee  Action details Not available
Int 1410-2025 *Justin L. Brannan  Authorizing an increase in the amount to be expended annually in seven business improvement districts and one special assessment district.IntroductionThis bill would authorize an increase in the amount that may be expended annually in each of the following seven business improvement districts (BIDs): Myrtle Avenue BID in the borough of Queens (increases the amount to be expended to $660,000); Woodhaven BID in the borough of Queens (increases the amount to be expended to $425,000); Pitkin Avenue BID in the borough of Brooklyn (increases the amount to be expended to $500,000); Hub Third Avenue BID in the borough of the Bronx (increases the amount to be expended to $700,000); Bryant Park BID in the borough of Manhattan (increases the amount to be expended to $4,000,000); Kings Highway BID in the borough of Brooklyn (increases the amount to be expended to $650,000); and Court-Livingston-Schermerhorn BID in the borough of Brooklyn (increases the amount to be expended to $2,400,000). This bill would also authorize an increase in the amount that may be expended annually in the Fulton Mall special assessment district in the borough of Brooklyn to $4,000,000.Approved by CommitteePass Action details Not available
Int 1427-2025 *Justin L. Brannan  Coney Island business improvement district, Brooklyn.IntroductionThis bill would establish the Coney Island Business Improvement District (“BID”) in the borough of Brooklyn.Hearing Held by Committee  Action details Not available
Int 1427-2025 *Justin L. Brannan  Coney Island business improvement district, Brooklyn.IntroductionThis bill would establish the Coney Island Business Improvement District (“BID”) in the borough of Brooklyn.Laid Over by Committee  Action details Not available
Int 1428-2025 *Justin L. Brannan  Amending the district plan of the Lincoln Square business improvement district to change the method of assessment upon which the district charge is based and authorize additional services for the district.IntroductionThe bill would authorize additional services for the Lincoln Square Business Improvement District and authorize a change in the method of assessment upon which the district charge is based.Hearing Held by Committee  Action details Not available
Int 1428-2025 *Justin L. Brannan  Amending the district plan of the Lincoln Square business improvement district to change the method of assessment upon which the district charge is based and authorize additional services for the district.IntroductionThe bill would authorize additional services for the Lincoln Square Business Improvement District and authorize a change in the method of assessment upon which the district charge is based.Approved by CommitteePass Action details Not available
LU 0431-2025 *Justin L. Brannan PreconsideredHenry Phipps Plaza East: Block 934, Lot 1001, Manhattan, Community District No. 6, Council District No. 4.Land Use Application Hearing on P-C Item by Comm  Action details Not available
LU 0431-2025 *Justin L. Brannan  Henry Phipps Plaza East: Block 934, Lot 1001, Manhattan, Community District No. 6, Council District No. 4.Land Use Application P-C Item Approved by Committee with Companion ResolutionPass Action details Not available
LU 0432-2025 *Justin L. Brannan PreconsideredBK Cluster Phase I: Block 2669, Lot 9, Block 2697, Lot 45, Bronx, Community District No. 2 and 3, Council District No. 17.Land Use Application Hearing on P-C Item by Comm  Action details Not available
LU 0432-2025 *Justin L. Brannan  BK Cluster Phase I: Block 2669, Lot 9, Block 2697, Lot 45, Bronx, Community District No. 2 and 3, Council District No. 17.Land Use Application P-C Item Approved by Committee with Companion ResolutionPass Action details Not available