The New York City Council - File #: Res 0575-2018

• File #: Res 0575-2018
• Version: *
• Name: LU 224 - Planning, 95 Lenox Ave Conveyance, Manhattan (20195047 HAM)
• Type: Resolution
• Status: Adopted
• File created: 10/17/2018
• In control: Committee on Land Use
• On agenda: 10/17/2018
• Final action: 10/17/2018
• Title: Resolution approving a conveyance of property located at Block 1824, Lot 155 (f/k/a p/o Lots 16, 18, 22, 23, 25, 26, 27, 29, 30, 31, 32, 33, 34, 35, 36, 38, 41, 42, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, and 54 and then as p/o Lot 16), Borough of the Manhattan (L.U. No. 224; 20195047 HAM).
• Sponsors: Rafael Salamanca, Jr., Ben Kallos

Date	Ver.	Action By	Action	Result
10/17/2018	*	City Council	Approved, by Council	Pass
10/10/2018	*	Committee on Land Use	Approved by Committee

THE COUNCIL OF THE CITY OF NEW YORK
RESOLUTION NO. 575

title
Resolution approving a conveyance of property located at Block 1824, Lot 155 (f/k/a p/o Lots 16, 18, 22, 23, 25, 26, 27, 29, 30, 31, 32, 33, 34, 35, 36, 38, 41, 42, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, and 54 and then as p/o Lot 16), Borough of the Manhattan (L.U. No. 224; 20195047 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 October 1, 2018 its amendment of its original request of August 2018, such amended request dated October 1, 2018 that the Council approve the conveyance of property located at Block 1824, Lot 155 (f/k/a p/o Lots 16, 18, 22, 23, 25, 26, 27, 29, 30, 31, 32, 33, 34, 35, 36, 38, 41, 42, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, and 54 and then as p/o Lot 16), Community District 10, Council District 9, Borough of Manhattan (the "Conveyance Area");

WHEREAS, the original Article V Plan and Project was approved by the Board of Estimate on July 17, 1980 (Cal. No. 11), (the "Original Project");

WHEREAS, the Current Owner, Church Home Associates, L.P., wishes to convey the Conveyance Area to New Owner, 115th Street Holdings, LLC, for the construction of one new multiple dwelling that will contain a minimum of 288 dwelling units of rental housing (the "New Project");

WHEREAS, a restrictive covenant will be executed and recorded binding the New Owner to the terms set forth in the HPD request;

WHEREAS, upon due notice the Council held a public hearing on the New Project on September 17, 2018; and

WHEREAS, the Council has considered the land use and financial implications and other policy issues relating to the New Project.

RESOLVED:

The Council approves, pursuant to Section 122(1) of the Private Housing Finance Law, contingent upon the execution and recordation of a restrictive covenant, a copy of which is attached hereto as Exhibit A, as same may b...