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PRESENTATION
Justin Donlon outlines HPD's acquisition and disposition requests related to the Atlantic Avenue Mixed Use Plan (AAMUP)
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In a short presentation, Justin Donlon outlines HPD's request.
- Mentions a previous comprehensive public hearing on March 27, 2025 on AAMUP
- HPD requests acquisition of property by the city for one site
- HPD requests subsequent disposition of city-owned land for two sites
- Cites Section 576(2) of the Private Housing Finance Law
- Sites includes 457 Nostrand Avenue and 1134-1142 Pacific Street
- Both sites will be designated to a sponsor selected by HPD
- Up to 240 affordable dwelling units at one site
- Approximately 119 affordable dwelling units at the other site
Justin Donlon
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Justin Nomlin, HPD.
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Morning, Chair, members of the subcommittee.
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Thank you for your time today.
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Related to the larger Atlantic Avenue mixed use plan, which was the subject of an earlier comprehensive public hearing by this subcommittee on March twenty seventh of twenty twenty five at 11AM.
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HPD is requesting acquisition of property by the city for one site and subsequent disposition of city owned land pursuant to section five seventy six(two) of the private housing finance law for two sites.
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The disposition area includes 457 Nochorin Avenue and 1134 Dash 1142 Pacific Street.
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Both sites will ultimately be designated to a sponsor selected by HPD and will yield up to two forty and approximately 119 affordable dwelling units, respectively.