Image Rendering of proposed building at 816 Herkimer Street, Cluster 2 Image Credit: City Planning

HPD’s Open Door Program a key facet of Rochester Suydam application. On February 26, 2020, the City Council Subcommittee on Landmarks, Public Sitings and Dispositions heard the Department of Housing Preservation and Development and BJF Development’s application for the disposition of City owned property, the designation of an Urban Development Action Area and the approval of a property tax exemption under Article XI of the Private Housing Finance Law. The approval would facilitate the development of seven new buildings and 78 affordable homeownership units in the Bedford-Stuyvesant neighborhood of Brooklyn. The application was approved by the City Planning Commission on February 19, 2020. To read CityLand’s prior coverage of the Rochester Suydam project click here.

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Rendering of the 776-780 Myrtle Avenue development as presented throughout the ULURP process; however, there may be minor aesthetic changes made. / Image Credit: Urban Architectural Initiatives

The new nine-story building would bring approximately 36 housing units for the formerly homeless. On October 17, 2019, the City Council voted to approve a land use application to facilitate the construction of a new nine-story mixed-use residential and commercial building on three vacant City-owned lots at 776-780 Myrtle Avenue in the Bedford-Stuyvesant neighborhood of Brooklyn. To facilitate the project, the application asks for two land use actions. First, the three City-owned vacant lots will be transferred to IMPACCT Brooklyn to develop the building. Second, the development will take advantage of the Urban Development Action Area Program property tax exemption for new development on formerly City-owned land. The Department of Housing Preservation and Development, IMPACCT Brooklyn, and Urban Architectural Initiatives are the applicants.

On August 28, 2019, the City Planning Commission voted to approve the application. For CityLand’s prior coverage on this decision, click here.

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Site Layout Image Credit: City Planning

Council Subcommittee approves Bronx Point after initial concerns on affordable housing and workers compensation. On September 18, 2019, City Council’s Subcommittee on Landmarks, Public Siting and Maritime Uses unanimously approved the Department of Housing Preservation and Development’s UDAAP application to facilitate the creation of “Bronx Point.” The project proposes 1,045 housing units, 540 of which dedicated to permanently affordable housing, a waterfront esplanade, and community facilities including a new state-of-the-art movie theater and a Universal Hip Hop Museum.  The property is located north of East 150^th Street, south of Mill Pond Park, east of the Harlem River, west of Exterior Street/Major Deegan Expressway. To read in more detail and about the many other features of the Bronx Point development read previous coverage here.

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Map depicting the three project site locations. Image Credit: CPC/HPD

The three sites will have amenities for residents and are transit accessible. On September 25, 2019, the City Council voted to approve an application to develop affordable housing on three City-owned properties located in Brownsville, Brooklyn.  The properties are located at 47 New Lots Avenue, 609-615 Osborn Street, and 120-122 Liberty Avenue. The three properties are small, underutilized sites and are currently vacant. The application proposed the development of two residential buildings and one mixed-use building, which would bring approximately 41 affordable housing units to the Brownsville neighborhood.

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The property tax exemptions will affect seven buildings in Brooklyn Community Board 16. Image credit: Department of City Planning

Dean Atlantic HDFC received property tax exemption for seven buildings.  On August 21, 2014, the City Council voted 47-0 to approve an Article XI property tax exemption on seven buildings owned by the Dean Atlantic Housing Development Finance Corporation.  The Department of Housing Preservation and Development requested the exemption from the City Council on Dean Atlantic’s behalf.  The buildings are all in Brooklyn Community Board 16, covering the Ocean Hill and Brownsville communities.  Six of the buildings are located in an area bounded by Atlantic Avenue to the north, Dean Street to the south, Rockaway Avenue to the west and Eastern Parkway to the east.  The seventh building is located further south at the corner of Park Place and Saratoga Avenue.  The buildings are either  two-or three-stories for a total of twelve residential units, with five of the buildings featuring a commercial space on the ground floor.  The residences are two- and three-bedroom units.

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