Interactive map displays and identifies calendared landmarks, provides links to designation reports. On Tuesday, March 15, the Landmarks Preservation Commission announced the launch of Discover NYC Landmarks, an interactive map of New York City allowing users to peruse and examine the City’s landmarked properties. The map identifies individual landmarks, historic districts, scenic landmarks and interior landmarks, as well as properties that have been added to Landmarks calendar but not yet come before the commission … <Read More>
Search Results for: Lease
Comptroller Releases Findings of Lost City Revenue in Audit of Department of Finance
The audit report reveals that the misclassification of 140 properties has deprived the City of $1.7 million annually in lost property tax revenue. On February 18, 2016, the Office of the NYC Comptroller publicized the results from its audit of the New York City Department of Finance. The audit sought to investigate whether the Department of Finance had implemented procedures that adequately safeguard against the misclassification of Brooklyn property sites. The Comptroller’s Office and DOF … <Read More>
Comptroller Releases Report Critical of East New York Rezoning Plan
The report predicts that almost 50,000 residents of the affected Brooklyn neighborhoods would be priced out of neighborhood. On December 3, 2015, Comptroller Scott M. Stringer issued a report—Mandatory Inclusionary Housing and the East New York Rezoning: An Analysis—on the proposed East New York rezoning plan’s effect on housing affordability in the East New York and Cypress Hills neighborhoods of Brooklyn. The report claims while supply of housing units in the rezoned areas … <Read More>
City Planning Renews Senior Center Lease
Long-term lease renewal coupled with study for improvements. On May 6, 2015 the City Planning Commission approved Amico Senior Center’s lease renewal for twenty years. The center is located at 5901 13th Avenue in Borough Park, Brooklyn. Amico has continuously operated as a senior center at that location since 1973.
Liu: City’s Marriott Marquis Lease is a $345 Million Land Giveaway
The City’s Economic Development Corporation is famous for doling out corporate welfare without making sure that the companies that get those tax breaks and subsidies produce jobs.
Our latest discovery, however, shows just how wasteful and disgraceful that agency’s actions can be.
My Audit Bureau uncovered a secret deal that the EDC made in 1998 with the Marriott Marquis Hotel that could cost our taxpayers at least $345 million. In fact, it may be the … <Read More>
Audit cites EDC for Water Club’s lease violations
EDC faulted: Comptroller found waterfront restaurant violated lease’s revenue- reporting and site-improvement requirements. An audit by City Comptroller John C. Liu concluded that MDO Development Corporation violated its lease agreement for a City-owned site occupied by the Water Club restaurant along the East River between East 30th and 32nd Streets in Manhattan. The audit found, among other things, that MDO did not accurately report revenue from the restaurant and failed to make required site improvements. … <Read More>