The document summarizes a roundtable discussion about NYCHA's proposal to lease land to developers to build new residential buildings and use the revenue to fund improvements to public housing. Under the proposal, NYCHA would lease, not sell, parcels of land, and the developers would build market-rate and affordable housing units. The generated funds would be used for capital repairs. At Meltzer Tower specifically, the development could provide alternate power sources, jobs, and affordable units for residents. Residents provided feedback on the design options and RFP guidelines. Next steps outlined a timeline for the RFP process, environmental review, and construction.

1. Preserving Public Housing
Roundtable Discussion
Meltzer Tower
April 8, 2013

2. Introductions
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3. Conversation Guidelines
 Let’s hear from everyone
 No interruptions
 Treat everyone with respect
 Respect different opinions
 Facilitators will take comments and questions
at tables
 Note-takers are capturing ideas and opinions.
No names will be used. 3

4. NYCHA’s Land Lease Proposal
Proposal to lease land to a developer for
construction of a new apartment building.
All revenue will go to building improvements
at Meltzer Tower and other NYCHA
developments.
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5. Discussion Topics
 Overview of Land Lease Proposal
 Building Site and Design Options
 Request for Proposal
 Comments and Q & A
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6. Overview of Land Lease
Proposal
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7. $13.4 Billion Unmet Capital Need
NYCHA Wide for the Next 5 Years
Meltzer Tower has a
$10.5 Million need
for capital
improvements
Meltzer Tower is
budgeted to receive
$167,000 for the
next 5 years
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8. Overview: Land Lease Proposed Plan
 NYCHA would lease (not
sell) 14 parcels of land
located within 8
developments
 Income generated will be
dedicated to building
improvements for public
housing
 The developers will finance,
construct, and operate new
residential buildings.
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9. Overview: Land Lease Proposed Plan
 Private developers will pay
NYCHA for the right to build
on leased land that NYCHA
owns (and will continue to
own)
 Approximately 80% of the
apartments will be market
rate and 20% will be
permanently low income
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10. Setting the Record Straight:
At Meltzer the Development Plan Will:
 Not increase rent for NYCHA residents
due to the new developments.
 Not demolish public housing apartments
 Not move NYCHA families
 Not privatize – NYCHA will still be the
landlord
 Not sell the land; NYCHA will own the
land under the new buildings.
 Not result in job losses or increased
work requirements for NYCHA
personnel.
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11. NYCHA’s Core Principles for Development
 All new buildings located along
street fronts to encourage
pedestrian traffic and campus
integration with the neighborhood
and reduce construction impact
 Replacement of all parking spaces
for all current resident legal permit
holders
 NYCHA will remain your landlord
and retain ownership of the land
under the new buildings via
99-year ground leases
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12. Benefits NYCHA Wide
 This initiative will generate between $30 Million
and $50 Million of funding on a yearly basis for
99 years (term of ground lease)
 All revenue will be used to improve the quality of
life of NYCHA residents by funding a portion of
critical capital improvements – example: roofs,
elevators, boilers, electrical system, apartment
upgrades
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13. Benefits for Meltzer Tower Residents
 Alternative power for systems during blackouts
such as hallway and stair lighting, heat and hot
water, elevators and security
 Construction and permanent jobs opportunities
for NYCHA residents
 Enhanced security features for the entire
development
 Preference for low income apartments in the
new buildings
 Affordability restrictions are permanent
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14. Land Lease Plan
Meltzer Tower
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15. Meltzer Tower: Where We Are
250 residents live at Meltzer Tower
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16. Meltzer Tower: Development Site
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17. Development Opportunity at Meltzer Tower
Development Site:
 Site Area: 18,750 SF (approx.)
 New Construction: 121,500 SF
(approx.)
 Rent and utilities will NOT
exceed 30% of your income
 Affordable units will be
available to households with
incomes at or BELOW 60% of
Area Median Income (AMI)
Maximum Allowable Income
1 person $ 36,120
2 persons $ 41,280
3 persons $ 46,440
4 persons $ 51,540
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18. Group Discussion #1
Comments and Concerns about
Land Lease Proposal
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19. Building Site and Design
Options
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20. Possible Relocation of Site Uses
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21. Meltzer Tower: Building Lobby
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22. Meltzer Tower: Seating Area
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23. Meltzer Tower: Open Space
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24. Group Discussion #2
Design Options
 Seating Area
 Lobby
 Open Space
 Retail (in base of new building)
 Security
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25. Request for Proposal
Process to ask developers for
their ideas based on specific
guidelines that NYCHA provides
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26. RFP is currently in development
Guidelines Under Consideration
 Alternate power source
 Distribution of apartment units
 Employment opportunities & training
 Preference for Meltzer residents for affordable units
 Financial literacy training
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27. Group Discussion #3
Request for Proposal
 Alternate power source
 Distribution of apartment units
 Employment opportunities & training
 Preference for Meltzer residents for
affordable units
 Financial literacy training
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28. Next Steps in 2013
 RFP out end of April
 Round of resident discussions
 Proposals submitted July/August
 Round of resident discussions
 Designation of developer Fall 2013
 Round of discussions with residents, NYCHA Staff
and designated developer
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29. Key Milestones 2014-2016
Ongoing resident discussions
 Environmental review
 Submission of Section 18 application
 HUD Review of Section 18 application
 Upon approval, enter lease agreement
 Construction preparation & groundbreaking
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30. Land Lease Website
http://on.nyc.gov/landlease
Public Comments can be submitted online and in
writing to:
NYC Housing Authority
Land Lease Comments
PO Box 3422
New York NY 10008
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31. Q&A
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