PRESENTATION
HPD requests tax exemption for Marcus Garvey Boulevard project
0:07:25
·
38 sec
Arvind Sindhwani from HPD presents a request for real property tax exemption for a project at 281 to 311 Marcus Garvey Boulevard. The project has previously received approval for rezoning and special permits.
- Project involves two new construction residential buildings
- Development team is pursuing an Article 11 tax exemption
- Previous approvals include zoning map amendment, zoning text amendment, and special permit for large scale general development
Arvind Sindhwani
0:07:25
HPD requests that the council approved pursuant to section 577 of the private housing finance law exemption from real property tax taxation for the project known as 281 to 311 Marcus Garvey Boulevard, a previously approved private rezoning application.
0:07:42
The lots are located at 281 and 311 Marcus Garvey Boulevard.
0:07:47
The project obtained a previous council approval for zoning map amendment, a zoning tax amendment, and a city planning commission special permit for large scale general development to reach the deep affordability committed to on this project The project sponsor, past development, is pursuing an article 11 tax exemption.