THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 375
Title
Resolution approving an Urban Development Action Area Project pursuant to Article 16 of the General Municipal Law and a real property tax exemption pursuant to Article XI of the Private Housing Finance Law for property located at 118 West 139th Street (Block 2007, Lot 46), 120 West 139th Street (Block 2007, Lot 47), 122 West 139th Street (Block 2007, Lot 48), 123 West 112th Street, aka 45 St. Nicholas Avenue (Block 1822, Lot 15), 281 West 118th Street (Block 1924, Lot 104), and 30 West 132nd Street (Block 1729, Lot 49), Borough of Manhattan; and waiving the urban development action area designation requirement and the Uniform Land Use Review Procedure, Community District 10, Borough of Manhattan (L.U. No. 79; 20185331 HAM).
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By Council Members Salamanca and Kallos
WHEREAS, the New York City Department of Housing Preservation and Development ("HPD") submitted to the Council on April 24, 2018 its request dated April 13, 2018 that the Council take the following actions regarding the proposed Urban Development Action Area Project (the "Project") located at 118 West 139th Street (Block 2007, Lot 46), 120 West 139th Street (Block 2007, Lot 47), 122 West 139th Street (Block 2007, Lot 48), 123 West 112th Street, aka 45 St. Nicholas Avenue (Block 1822, Lot 15), 281 West 118th Street (Block 1924, Lot 104), and 30 West 132nd Street (Block 1729, Lot 49), Community District 10, Borough of Manhattan (the "Disposition Area" or "Exemption Area"):
1. Find that the present status of the Disposition Area tends to impair or arrest the sound growth and development of the municipality and that the proposed Urban Development Action Area Project is consistent with the policy and purposes of Section 691 of the General Municipal Law;
2. Waive the area designation requirement of Section 693 of the General Municipal Law pursuant to Section 693 of the General Municipal Law;
3. Waive the requirements of Sections 197-...
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