File #: 11-0920    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 8/30/2011 In control: Economic and Housing Development
On agenda: 9/1/2011 Final action: 9/1/2011
Title: Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Application for Long-Term Tax Abatement Purpose: Authorize a 30 year FMHA tax abatement with Fairmount Senior Genesis Housing Partnership, LLC., for an affordable residential project. Entity Name: Fairmount Senior Genesis Housing Partnership, LLC. Entity Address: 594 Broadway, Suite 1107, New York, NY 10012 Abatement Period: 30 years Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Property: (Address/Block/Lot/Ward) 124-130 Fairmount Avenue/Block 259/Lot 21 and 22/West Ward 107-117 11th Avenue, 196-200 South 11th Street/Block 1826/Lots 35, 36, 38, 39, 40, 41 and 62/West Ward Additional Information: N/A
Related files: 11-0917, 13-0537

...Title

Dept/ Agency:  Economic & Housing Development

Action:  (   ) Ratifying     (X) Authorizing     (   ) Amending

Type of Service:  Application for Long-Term Tax Abatement

Purpose:  Authorize a 30 year FMHA tax abatement with Fairmount Senior Genesis Housing Partnership, LLC., for  an affordable residential project.

Entity Name:  Fairmount Senior Genesis Housing Partnership, LLC.

Entity Address:  594 Broadway, Suite 1107, New York, NY 10012

Abatement Period: 30 years

Contract Basis: (   ) Bid   (   ) State Vendor   (   ) Prof.  Ser.   (   ) EUS  

(   ) Fair & Open   (   ) No Reportable Contributions   (   ) RFP   (   ) RFQ

(   ) Private Sale   (   ) Grant   (   ) Sub-recipient   (X) n/a   

List of Property:

(Address/Block/Lot/Ward)

124-130 Fairmount Avenue/Block 259/Lot 21 and 22/West Ward

107-117 11th Avenue, 196-200 South 11th Street/Block 1826/Lots 35, 36, 38, 39, 40, 41 and 62/West Ward

Additional Information:  N/A