REMARKS
Finance and land use items for council vote
0:14:08
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3 min
Speaker Adams presents various finance and land use items for the council to vote on, including budget designations, tax exemptions, rezoning applications, and affordable housing projects.
- Introduces a transparency resolution for budget designations and a tax exemption resolution
- Presents several land use items, including rezoning applications and affordable housing projects
- Discusses two landmark preservation designations
Adrienne E. Adams
0:14:08
Now let's move on to our stated agenda.
0:14:11
1st, we'll vote on the following finance items, a transparency resolution approving new designations and changes of certain organizations receiving funding in the expense budget.
0:14:20
A preconceived resolution sponsored by council member Justin Brandon establishing a new 40 year article 11 tax exemption for one building and council member cars district.
0:14:29
Next, we'll vote on the following land use items, South Jamaica Gateway rezoning.
0:14:34
An HPDD application to facilitate the development of 2 mixed use residential and community facility buildings with approximately 143 senior and affordability housing units in my district and council member Williams District.
0:14:48
M h a n y.
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Multifamily preservation loan program will facilitate the preservation of affordable housing across 4 city owned buildings in the districts of council members Joseph, Lewis, and Nazis.
0:14:59
The rehabilitation of these buildings will preserve 12 rental units and one commercial space under the HPD multifamily preservation loan program.
0:15:08
South Bushwick Neighborhood Homes will facilitate the creation of new affordable homeownership units on city owned sites and council members Gutierrez and nurses' districts under the HPD open door program.
0:15:20
31 dash 17 12th Street rezoning will facilitate a new five story residential building with 35 housing units, 9 of which will be permanently affordable units under NIH and council member Kavans District.
0:15:32
The council will modify this application to add the MIA deep affordability option.
0:15:37
343 West 47th Street, special demolition permit, will allow the demolition of a portion of the residential floor area of an existing building and council member Batcher's district.
0:15:46
This permit request comes after approved partial devolutions in 2019 2020.
0:15:54
2 applications in Council member Brandon's district 250 86 Street rezoning will facilitate the legalization of a two story mixed use building with medical offices and residential space.
0:16:05
The council will modify this application to change the proposed R6B to an R5D and modify the rezoning area boundaries.
0:16:13
Kony Island Phase 3, will facilitate the construction of a mixed use building with 420 affordable housing units as well as commercial and community facility space.
0:16:24
Rents will be affordable to families and incomes ranging from 30% to 90% of the area median income.
0:16:30
At least 15% of units will be reserved for referred formally homeless tenants who will pay 30% of their income as rent.
0:16:39
2 landmarks preservation designations.
0:16:42
The building at the Brooklyn Edison Building And Council member wrestlers district, the original headquarters of our city's leading electricity company serving Brooklyn from the late 19th century through the mid 20th century, was built the Renaissance revival style and housed a lighting and telephone system.
0:16:59
The building was home to a variety of businesses since the Brooklyn Edison Company merged with Con Edison in 1943.
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Today, it is used as an office building with commercial space.
0:17:11
And the 1 Wall Street banking room interior.
0:17:14
And Council member Marte's district was completed in 1931 and is decorated in the Art Deco style designed by architects Ralph Walker and Perry Cokesmith and muralist Hill Hildreth mayor.
0:17:27
The banking room features intricate mosaics and a thirty foot high ceiling.
0:17:32
The interior banking room will soon be converted for retail use for department store.