REMARKS
Council Member Narcisse addresses concerns about artists' property rights
1:18:23
·
3 min
Council Member Mercedes Narcisse expresses concern about the impact of the proposed zoning changes on artists in New York City, particularly regarding their ability to pass on their properties to future generations. She emphasizes the importance of addressing the housing crisis while also considering the unique needs of the artist community.
- Narcisse questions the fairness of requiring artists' heirs to pay large fees to inherit properties
- She asks for suggestions on how to modify Section 1501 to address these concerns
- Narcisse stresses the need to find a balance between addressing the housing crisis and protecting existing communities
Mercedes Narcisse
1:18:23
Good morning, and thank you for being here.
1:18:26
When you're talking about artists, my eyes open up because artists are very important in the city of New York.
1:18:33
And for you not to be able to pass on what you build on in New York City.
1:18:38
And more likely, like I said, in the family of adopters, you get a lot of doctors.
1:18:42
In the family of artists, I'm expecting more artists to come.
1:18:46
And for you not to be able to keep the your generational I mean, wealth is important too.
1:18:53
And I heard my colleague said you cannot pass it on.
1:18:57
And if you do, they would have to pay out that 250,000.
1:19:02
That's a lot.
1:19:03
So in your aspect right now, is that any way anything we can do in the section 151501 to actually because Let me start by saying, in New York City, we need to address the crisis right now we're dealing with.
1:19:23
There is no doubt.
1:19:24
We have to.
1:19:26
But having said that, we need to open our eyes.
1:19:29
That's the reason that we hear to listen to see how the best way we can address the problem.com.
1:19:34
That's the purpose of the hearing and thank you chair.
1:19:37
That's the purpose.
1:19:38
So now what do you think in your mind we can do right now to address that?
1:19:43
Anyone wants to answer it.
Ronnie Wolf
1:19:49
Hi.
1:19:50
Thank you for asking.
1:19:52
We could reject the provisions within section 1501 that tax the residents of these 2 neighborhoods.
Mercedes Narcisse
1:20:05
We rejected You know, I have a background that I I had to be in business so for sometimes in New York But rejecting is one thing.
1:20:13
What can we do?
1:20:14
Because we cannot take out because you've been paying taxes before.
1:20:19
Like, you said, at one point, it was how much it was.
1:20:24
It's a hard time.
1:20:26
So now we're not gonna reject everything, but I want to know what can we do actually for you to keep your home, to be able to pass it on.
1:20:37
May maybe it will take further conversation.
1:20:39
But we cannot reject, you know, saying like we cannot do.
1:20:43
For me, in my area, like, nobody want to to hear about city of yes because of the problem they dealing with.
1:20:50
We each have different problem with dealing with.
Julio Herrera
1:20:52
Mhmm.
Mercedes Narcisse
1:20:53
But At the end of the day, we need to address the crisis in New York City, which I'm fully fully fully understood.
Kevin C. Riley
1:21:00
If we could wrap up.
Mercedes Narcisse
1:21:01
So now what I'm saying is that we have to hear what can we do in that area for you in order to move forward with that, what is it that you're looking for?
1:21:12
So that's one.
1:21:13
Internal pull.
Mark Levine
1:21:15
Yes.
Kevin C. Riley
1:21:17
Counsel Counsel member.
1:21:18
Counsel member.
Bria Donohue
1:21:18
I'm gonna wrap it up.
Kevin C. Riley
1:21:20
Constants.
1:21:20
Thank you.
Mercedes Narcisse
1:21:21
How do we make affordable housing if we're not building?
1:21:25
You you
Paul DiBenedetto
1:21:25
can build.
