Your guide to NYC's public proceedings.
Finance Committee votes on resolutions and tax exemptions
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The Finance Committee of the New York City Council voted on several items, including a BID-related resolution, a transparency resolution, and two resolutions for real property tax exemptions. All items were adopted unanimously.
- Yeas: 14
- Nays: 0
- Abstentions: 0
The items voted on included: - A resolution to set a public hearing date for establishing the East Harlem 120 Fifth Street Business Improvement District - A resolution to approve new designations and changes in designations of organizations receiving funding in the FY25 expense budget - A resolution authorizing a 40-year partial exemption from real property taxes for the Union Street Houses project - A resolution authorizing a 40-year partial exemption from real property taxes for the Morningside Heights 2 project