Resolution approving the application submitted by the New York City Department of Housing Preservation and Development and the decision of the City Planning Commission, ULURP No C 250314 HAK, approving the designation of an Urban Development Action Area, an Urban Development Action Area Project, and the disposition of city-owned properties located at 1794-1796 St. Johns Place (Block 1474, Lots 29 and 30), 85-87 Legion Street (Block 3514, Lots 6 and 7), and 250-254 Herzl Street (Block 3555, Lots 45 and 46) Borough of Brooklyn, Community District 16, to a developer selected by HPD (L.U. No. 4; C 250314 HAK).

Summary

This resolution approves the designation of an Urban Development Action Area (UDAA) and an Urban Development Action Area Project (UDAAP) for city-owned properties located at 1794-1796 St. Johns Place, 85-87 Legion Street, and 250-254 Herzl Street in Brooklyn's Community District 16. The project, named 'Constellation', will facilitate the construction of three new buildings containing a total of 36 income-restricted residential units. These units will be for income-restricted homeownership, targeting families with household incomes at or below 130% of the Area Median Income (AMI). The disposition of these properties to a developer selected by the Department of Housing Preservation and Development (HPD) is also approved. The project is expected to take approximately 22 months from closing to completion of construction. Environmental review resulted in a Negative Declaration, with measures in place to avoid significant adverse impacts.

Citizen Impact

This project will create 36 new income-restricted homeownership units in Brooklyn's Community District 16, providing opportunities for families earning up to 130% of AMI to own a home. Residents in the affected neighborhoods will see new construction on previously city-owned lots.

Confidence

high