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Q&A
Discussion on enhanced affordability plan for One45 for Harlem
0:24:49
·
71 sec
Council Member Riley inquires about an enhanced affordability plan for the One45 for Harlem project, which would provide more affordable housing. Bruce Teitelbaum responds by explaining their current plans and commitments.
- Teitelbaum presents the certified plan approved by the city planning commission.
- He mentions a signed MOU with the Manhattan Borough President's Office committing to explore options for more affordable housing.
- Teitelbaum expresses willingness to continue discussions with HPD and state officials for additional support to build more affordable housing.
Kevin Riley
0:24:49
It's my understanding that your team has proposed an enhanced affordability plan for this site that will provide more affordable housing and spoken about the plan to the community.
0:24:58
This alternative plan would include one market rate building with MIH apartments and 100% affordable building that will require HPD financing.
0:25:09
You did not present that alternative plan today.
0:25:12
Why is that?
0:25:13
And are you no longer considering a plan that will provide more affordable housing on this site?
Bruce Teitelbaum
0:25:17
So the plan we're presenting today, as you know, is the approved certified plan that was supported unanimously by the city planning commission.
0:25:24
So that's the plan that we're we're talking about.
0:25:27
However, you correctly said that we have committed from the beginning.
0:25:30
When we started this project again three years ago and I had this conversation with councilman Salam right at the outset, we are committed to doing what we can to build as much affordable housing as possible under the circumstances.
0:25:43
To that end, I have signed an MOU with the Manhattan Borough President's Office that commits me, obligates me to continue my conversations with HPD, state officials, and anyone that can provide additional support that would enable us to build more affordable housing.
0:25:59
That's our commitment.