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Council Member Riley introduces session and presents 5th vote on 712 Myrtle Avenue proposal
0:32:08
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Council Member Kevin C. Riley introduces the session and presents the 5th vote, which concerns the 712 Myrtle Avenue proposal in Brooklyn. The proposal involves a new 9-story mixed-use building with approximately 62 units, including 15 permanently affordable housing units and ground floor retail.
- The proposal includes a zoning map amendment and a zoning text amendment.
- Modifications include removing MIH option 2 and adding the deep affordability option.
- Council member Russell supports the proposal as modified.
Kevin C. Riley
0:32:08
Thank you, Cosmos.
0:32:10
The 5th vote is to approve of modifications.
0:32:12
I'll use 120121 relating to the 712 Myrtle Avenue proposal.
0:32:17
Located in Bedford, Stevenson, Neighborhood in Brooklyn, also within Council member of Russell's District.
0:32:24
The proposed development consists of new 9 story mixed use building projected to have approximately 62 units, including 15, permanently affordable housing and ground floor retail.
0:32:35
The proposal consists of 2 actions.
0:32:37
The first is a zoning map amendment to change an existing m 1 dash 2 district to an r 70, slash c 2 dash 4 district.
0:32:46
The related actions of zoning tax amendment to map a mandatory occlusionary housing area Our modification will be to remove MIH option 2 and to add the deep affordability option.
0:32:58
Which will make 20 to 25 percent of the proposed income restricted apartments permanently affordable.
0:33:04
Council member Russell supports this proposal as modified.