SlideShare ist ein Scribd-Unternehmen logo
1 von 15
Preserving Public Housing
Overview
for Pending Land Lease
Request For Proposal
Meltzer Tower
June 20, 2013
 Let’s hear from everyone
 No interruptions
 Treat everyone with respect
 Respect different opinions
 Speaker slips are available to register for the open
comment time at the end of the presentations
 No videotaping
2
Meeting Guidelines
3
 Key Changes Implemented Due to Resident
Feedback
 Design and Zoning Information
 Section 18
 Project Timeline
 Comments and Q & A
Discussion Topics
Key Changes Implemented Due to
Resident Feedback
 NYCHA has extended the release date of the pending
Request for Proposal (RFP) by several months
 100% of revenue generated from rent will be
invested to meet the capital needs at the eight (8)
affected developments in the initial period.
 At least 20% of the apartments will be permanently
low-income available to households earning a range
of incomes below 60% of Area Median Income (AMI)
for NYC Metro Area.
4
Key Changes Implemented Due to
Resident Feedback
 New Building designs must improve affected NYCHA
developments, be thoughtfully designed.
 Developers will be competitively scored on their
willingness to increase the percentage of permanently
affordable apartments and or to decrease the average
AMI below 50%
5
Key Changes Implemented Due to
Resident Feedback
 Proposers will be required to submit a NYCHA resident hiring plan
detailing initiatives targeted at hiring NYCHA residents.
 At least 15% of the total labor cost for construction work should
be made-up of NYCHA residents.
 NYCHA will require that proposers adhere to Section 3-like hiring
goals; 30% of permanent employment opportunities will be
targeted to NYCHA residents.
 Designated developers will be required to conduct meetings,
discussions with residents, elected officials and community
boards , as project planning is refined and Section 18 applications
are prepared during 2014. 6
Some Key Steps:
 Resident Consultation
- Residents have the right to submit separate written comments about
the Section 18 application
 Environmental Review:
- Completion of environmental assessment of proposed development
projects pursuant to the federal National Environmental Policy Act
(NEPA) and State Environmental Quality Review Act (SEQRA); in New
York City, environmental review follows the City Environmental Quality
Review (CEQR) manual
7
Section 18
Before NYCHA may enter into a ground lease HUD must approve the
proposed transaction.
Some Key Steps:
 Notice of Disposition in NYCHA Annual Plan
 Appraisal of development site
 Description of How Proceeds from Land Leases (disposition) Will Be Used
 Elected Official Consultation
 Letter dated and signed by Deputy Mayor that demonstrates NYCHA has
consulted with the appropriate local government officials about the
proposed disposition
 Adoption of a resolution by the NYCHA Board to authorize submission of
the Section 18 application 8
Section 18
Before NYCHA may enter into a ground lease HUD must approve the
proposed transaction.
Meltzer Tower
East 1st Street Site
9
Meltzer Tower
East 1st Street Site
10
Land Lease Site Area:
18,798SF
New Construction:
121,445SF Residential
18,798SF Commercial
Total Number of Apartments*: 130
*Assumption: 925SF/Apartment
$13.4 Billion Unmet Capital Need NYCHA Wide
for the Next 5 Years
Meltzer Tower currently
has a total of $10.5
Million in capital needs
NYCHA’s current 5 year
Modernization Plan
budgets $167,000 for
Meltzer Tower for
2013-2017
11
Land Lease Opportunity
Key Milestones 2013
 Release RFP
 Pre-Submission Conference
 Proposals due
 Interviews/Applicant Presentations
 Selection Committee makes recommendation to NYCHA Board
 Board Conditionally Designates Developer(s)
 CDLs issued to Developers
 NYCHA to develop its Annual Plan (per HUD Section 18)
 Throughout the year, there will be periodic engagement with
residents and other stakeholders (elected officials and
Community Boards)
12
Land Lease Opportunity
Key Milestones 2014
 NYCHA Annual Plan becomes effective
 Preparation of Section 18 Application (Draft)
 Commence Environmental Review
 Engagement with residents and other stakeholders
(elected and CBs) – “Official S18 Meetings”
 Board Approval to submit Section 18 Application to HUD
 Submission of Section 18 Application to HUD
 Throughout the year, there will be on-going engagement
with residents and other stakeholders (elected officials
and Community Boards)
13
Land Lease Opportunity
Key Milestones 2015-2016
Key Milestones 2015
 HUD may issue questions on application (est. / time may vary)
 Prepare responses to HUD questions
 HUD reviews S18 Application (with approval targeted in December).
 Throughout the year, there will be periodic engagement with residents
and other stakeholders (elected officials and Community Boards)
Key Milestones 2016
 Upon approval, enter Ground Lease agreement(s)
 Construction preparation & groundbreaking
 Throughout the year, there will be periodic engagement with residents
and other stakeholders (elected officials and Community Boards)
14
15
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

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (11)

Planning and development club, Nottingham, November 2018
Planning and development club, Nottingham, November 2018Planning and development club, Nottingham, November 2018
Planning and development club, Nottingham, November 2018
 
Item # 4 - PPT Overland Partners Professional Services Agmt
Item # 4 - PPT Overland Partners Professional Services AgmtItem # 4 - PPT Overland Partners Professional Services Agmt
Item # 4 - PPT Overland Partners Professional Services Agmt
 
9/8 THUR 10:45 | The Public/Private Experience - When Does It Pay
9/8 THUR 10:45 | The Public/Private Experience - When Does It Pay9/8 THUR 10:45 | The Public/Private Experience - When Does It Pay
9/8 THUR 10:45 | The Public/Private Experience - When Does It Pay
 
Planning Review 2009
Planning Review 2009Planning Review 2009
Planning Review 2009
 
PAS 106 Workshops Leeds
PAS 106 Workshops LeedsPAS 106 Workshops Leeds
PAS 106 Workshops Leeds
 
Phillipa Silcock, PAS - Using and discharging conditions
Phillipa Silcock, PAS - Using and discharging conditionsPhillipa Silcock, PAS - Using and discharging conditions
Phillipa Silcock, PAS - Using and discharging conditions
 
Monterey Park Economic Strategic Planning Workshop 9 May 2009
Monterey Park Economic Strategic Planning Workshop 9 May 2009Monterey Park Economic Strategic Planning Workshop 9 May 2009
Monterey Park Economic Strategic Planning Workshop 9 May 2009
 
Govt new reforms for real estate sectors
Govt new reforms for real estate sectorsGovt new reforms for real estate sectors
Govt new reforms for real estate sectors
 
MAPD 2010 - I-cubed dif-other financing
MAPD 2010 - I-cubed dif-other financingMAPD 2010 - I-cubed dif-other financing
MAPD 2010 - I-cubed dif-other financing
 
S106 Planning Obligations: Dispute Resolution
S106 Planning Obligations: Dispute ResolutionS106 Planning Obligations: Dispute Resolution
S106 Planning Obligations: Dispute Resolution
 
Developer Payments- Community Infrastructure Levy, S106 agreements and Viabil...
Developer Payments- Community Infrastructure Levy, S106 agreements and Viabil...Developer Payments- Community Infrastructure Levy, S106 agreements and Viabil...
Developer Payments- Community Infrastructure Levy, S106 agreements and Viabil...
 

Andere mochten auch (6)

Douglass Land Lease Presentation 4-03-13 (English)
Douglass Land Lease Presentation 4-03-13 (English)Douglass Land Lease Presentation 4-03-13 (English)
Douglass Land Lease Presentation 4-03-13 (English)
 
Baruch Infill Presentation English 3-15-13
Baruch Infill Presentation English 3-15-13Baruch Infill Presentation English 3-15-13
Baruch Infill Presentation English 3-15-13
 
Smith Infill Presentation (Russian) 3 19-13
Smith Infill Presentation (Russian) 3 19-13Smith Infill Presentation (Russian) 3 19-13
Smith Infill Presentation (Russian) 3 19-13
 
NYCHA Infill Sites Presentation for Resident Meeting 3-13-13 (Meltzer Tower)
NYCHA Infill Sites Presentation for Resident Meeting 3-13-13 (Meltzer Tower)NYCHA Infill Sites Presentation for Resident Meeting 3-13-13 (Meltzer Tower)
NYCHA Infill Sites Presentation for Resident Meeting 3-13-13 (Meltzer Tower)
 
Meltzer Land Lease Presentation 6-19-13 (Russian)
Meltzer Land Lease Presentation 6-19-13 (Russian)Meltzer Land Lease Presentation 6-19-13 (Russian)
Meltzer Land Lease Presentation 6-19-13 (Russian)
 
Baruch Houses Land Lease Presentation 4-22-13 (English)
Baruch Houses Land Lease Presentation 4-22-13 (English)Baruch Houses Land Lease Presentation 4-22-13 (English)
Baruch Houses Land Lease Presentation 4-22-13 (English)
 

Ähnlich wie Meltzer Land Lease Presentation 6-19-13

South Orange Valley and Third Street Redevelopment Plan
South Orange Valley and Third Street Redevelopment PlanSouth Orange Valley and Third Street Redevelopment Plan
South Orange Valley and Third Street Redevelopment Plan
Alex Torpey
 
NYCHA Infill Sites Presentation for Resident Meeting 3-14-13 Washington
NYCHA Infill Sites Presentation for Resident Meeting 3-14-13 WashingtonNYCHA Infill Sites Presentation for Resident Meeting 3-14-13 Washington
NYCHA Infill Sites Presentation for Resident Meeting 3-14-13 Washington
NYCHA Nyc-Housing
 
Affordable Housing Development Consultant
Affordable Housing Development ConsultantAffordable Housing Development Consultant
Affordable Housing Development Consultant
Paul Kruger, PMP
 
Planning Obligations - Section 106
Planning Obligations - Section 106Planning Obligations - Section 106
Planning Obligations - Section 106
lichfield_dc
 

Ähnlich wie Meltzer Land Lease Presentation 6-19-13 (20)

Broadway corridor-planning-program-presentation-may-2018
Broadway corridor-planning-program-presentation-may-2018Broadway corridor-planning-program-presentation-may-2018
Broadway corridor-planning-program-presentation-may-2018
 
England: The Planning System
England: The Planning SystemEngland: The Planning System
England: The Planning System
 
Monona CDA Presentation To Council 04 19 10
Monona CDA Presentation To Council 04 19 10Monona CDA Presentation To Council 04 19 10
Monona CDA Presentation To Council 04 19 10
 
unit 4.pptx
unit 4.pptxunit 4.pptx
unit 4.pptx
 
Comprehensive Zoning Code Revision Proposal
Comprehensive Zoning Code Revision ProposalComprehensive Zoning Code Revision Proposal
Comprehensive Zoning Code Revision Proposal
 
Preserving & Producing Affordable Housing - Application Workshop
Preserving & Producing Affordable Housing - Application WorkshopPreserving & Producing Affordable Housing - Application Workshop
Preserving & Producing Affordable Housing - Application Workshop
 
Secrets of a Successful Land Development Approval Process
Secrets of a Successful Land Development Approval ProcessSecrets of a Successful Land Development Approval Process
Secrets of a Successful Land Development Approval Process
 
Deciphering the legal and commercial aspects of RERA
Deciphering the legal and commercial aspects of RERADeciphering the legal and commercial aspects of RERA
Deciphering the legal and commercial aspects of RERA
 
Tod rules
Tod rulesTod rules
Tod rules
 
South Orange Valley and Third Street Redevelopment Plan
South Orange Valley and Third Street Redevelopment PlanSouth Orange Valley and Third Street Redevelopment Plan
South Orange Valley and Third Street Redevelopment Plan
 
NJ Future Redevelopment Forum 2017 Reigniting Stalled Projects
NJ Future Redevelopment Forum 2017 Reigniting Stalled ProjectsNJ Future Redevelopment Forum 2017 Reigniting Stalled Projects
NJ Future Redevelopment Forum 2017 Reigniting Stalled Projects
 
FMA - 2_CM651_Group.pptx
FMA - 2_CM651_Group.pptxFMA - 2_CM651_Group.pptx
FMA - 2_CM651_Group.pptx
 
Public sector planning club, October 2016, Nottingham
Public sector planning club, October 2016, NottinghamPublic sector planning club, October 2016, Nottingham
Public sector planning club, October 2016, Nottingham
 
Real Estate Brokers Subdivision Laws
Real Estate Brokers   Subdivision LawsReal Estate Brokers   Subdivision Laws
Real Estate Brokers Subdivision Laws
 
Planjprox summary proposed changes 12.8.16
Planjprox   summary proposed changes 12.8.16Planjprox   summary proposed changes 12.8.16
Planjprox summary proposed changes 12.8.16
 
NYCHA Infill Sites Presentation for Resident Meeting 3-14-13 Washington
NYCHA Infill Sites Presentation for Resident Meeting 3-14-13 WashingtonNYCHA Infill Sites Presentation for Resident Meeting 3-14-13 Washington
NYCHA Infill Sites Presentation for Resident Meeting 3-14-13 Washington
 
Affordable Housing Development Consultant
Affordable Housing Development ConsultantAffordable Housing Development Consultant
Affordable Housing Development Consultant
 
The National Planning Policy Framework: Steve Miller DipTP MRTPI Head of Plan...
The National Planning Policy Framework: Steve Miller DipTP MRTPI Head of Plan...The National Planning Policy Framework: Steve Miller DipTP MRTPI Head of Plan...
The National Planning Policy Framework: Steve Miller DipTP MRTPI Head of Plan...
 
Accessing BUILD Grants to Improve Infrastructure
Accessing BUILD Grants to Improve InfrastructureAccessing BUILD Grants to Improve Infrastructure
Accessing BUILD Grants to Improve Infrastructure
 
Planning Obligations - Section 106
Planning Obligations - Section 106Planning Obligations - Section 106
Planning Obligations - Section 106
 

Mehr von NYCHA Nyc-Housing

FY 2014 Annual Plan Brooklyn Presentation (Manhattan)
FY 2014 Annual Plan Brooklyn Presentation (Manhattan)FY 2014 Annual Plan Brooklyn Presentation (Manhattan)
FY 2014 Annual Plan Brooklyn Presentation (Manhattan)
NYCHA Nyc-Housing
 
Smith Land Lease Presentation 6-20-13 (Russian)
Smith Land Lease Presentation 6-20-13 (Russian)Smith Land Lease Presentation 6-20-13 (Russian)
Smith Land Lease Presentation 6-20-13 (Russian)
NYCHA Nyc-Housing
 
Smith Land Lease Presentation 6-20-13 (Chinese)
Smith Land Lease Presentation 6-20-13 (Chinese)Smith Land Lease Presentation 6-20-13 (Chinese)
Smith Land Lease Presentation 6-20-13 (Chinese)
NYCHA Nyc-Housing
 
Smith Land Lease Presentation 6-20-13 (Spanish)
Smith Land Lease Presentation 6-20-13 (Spanish)Smith Land Lease Presentation 6-20-13 (Spanish)
Smith Land Lease Presentation 6-20-13 (Spanish)
NYCHA Nyc-Housing
 
Meltzer Land Lease Presentation 6-19-13 (Chinese)
Meltzer Land Lease Presentation 6-19-13 (Chinese)Meltzer Land Lease Presentation 6-19-13 (Chinese)
Meltzer Land Lease Presentation 6-19-13 (Chinese)
NYCHA Nyc-Housing
 
Meltzer Land Lease Presentation 6-19-13 (Spanish)
Meltzer Land Lease Presentation 6-19-13 (Spanish)Meltzer Land Lease Presentation 6-19-13 (Spanish)
Meltzer Land Lease Presentation 6-19-13 (Spanish)
NYCHA Nyc-Housing
 
Campos Plaza Land Lease Presentation 6-19-13 (Chinese)
Campos Plaza Land Lease Presentation 6-19-13 (Chinese)Campos Plaza Land Lease Presentation 6-19-13 (Chinese)
Campos Plaza Land Lease Presentation 6-19-13 (Chinese)
NYCHA Nyc-Housing
 
Campos Plaza Land Lease Presentation 6-19-13 (Spanish)
Campos Plaza Land Lease Presentation 6-19-13 (Spanish)Campos Plaza Land Lease Presentation 6-19-13 (Spanish)
Campos Plaza Land Lease Presentation 6-19-13 (Spanish)
NYCHA Nyc-Housing
 
Campos Plaza Land Lease Presentation 6-19-13 (Russian)
Campos Plaza Land Lease Presentation 6-19-13 (Russian)Campos Plaza Land Lease Presentation 6-19-13 (Russian)
Campos Plaza Land Lease Presentation 6-19-13 (Russian)
NYCHA Nyc-Housing
 
Carver Land Lease Presentation 6-18-13 (Spanish)
Carver Land Lease Presentation 6-18-13 (Spanish)Carver Land Lease Presentation 6-18-13 (Spanish)
Carver Land Lease Presentation 6-18-13 (Spanish)
NYCHA Nyc-Housing
 
Carver Land Lease Presentation 6-18-13 (Russian)
Carver Land Lease Presentation 6-18-13 (Russian)Carver Land Lease Presentation 6-18-13 (Russian)
Carver Land Lease Presentation 6-18-13 (Russian)
NYCHA Nyc-Housing
 
Carver Land Lease Presentation 6-18-13 (Chinese)
Carver Land Lease Presentation 6-18-13 (Chinese)Carver Land Lease Presentation 6-18-13 (Chinese)
Carver Land Lease Presentation 6-18-13 (Chinese)
NYCHA Nyc-Housing
 
La Guardia Land Lease Presentation (6-14-13) (Chinese)
La Guardia Land Lease Presentation (6-14-13) (Chinese)La Guardia Land Lease Presentation (6-14-13) (Chinese)
La Guardia Land Lease Presentation (6-14-13) (Chinese)
NYCHA Nyc-Housing
 
La Guardia Land Lease Presentation (6-14-13) (Spanish)
La Guardia Land Lease Presentation (6-14-13) (Spanish)La Guardia Land Lease Presentation (6-14-13) (Spanish)
La Guardia Land Lease Presentation (6-14-13) (Spanish)
NYCHA Nyc-Housing
 
La Guardia Land Lease Presentation (6-14-13) (Russian)
La Guardia Land Lease Presentation (6-14-13) (Russian)La Guardia Land Lease Presentation (6-14-13) (Russian)
La Guardia Land Lease Presentation (6-14-13) (Russian)
NYCHA Nyc-Housing
 
Baruch Houses Land Lease Presentation (6-13-13) (Chinese)
Baruch Houses Land Lease Presentation (6-13-13) (Chinese)Baruch Houses Land Lease Presentation (6-13-13) (Chinese)
Baruch Houses Land Lease Presentation (6-13-13) (Chinese)
NYCHA Nyc-Housing
 
Baruch Houses Land Lease Presentation (6-13-13) (Russian)
Baruch Houses Land Lease Presentation (6-13-13) (Russian)Baruch Houses Land Lease Presentation (6-13-13) (Russian)
Baruch Houses Land Lease Presentation (6-13-13) (Russian)
NYCHA Nyc-Housing
 

Mehr von NYCHA Nyc-Housing (20)

FY2014 Annual Plan Brooklyn Presentation (English)
FY2014 Annual Plan Brooklyn Presentation (English)FY2014 Annual Plan Brooklyn Presentation (English)
FY2014 Annual Plan Brooklyn Presentation (English)
 
FY 2014 Annual Plan Brooklyn Presentation (Manhattan)
FY 2014 Annual Plan Brooklyn Presentation (Manhattan)FY 2014 Annual Plan Brooklyn Presentation (Manhattan)
FY 2014 Annual Plan Brooklyn Presentation (Manhattan)
 
FY2014 Annual Plan Bronx Presentation (English)
FY2014 Annual Plan Bronx Presentation (English)FY2014 Annual Plan Bronx Presentation (English)
FY2014 Annual Plan Bronx Presentation (English)
 
FY2014 Annual Plan Staten Island Presentation (English)
FY2014 Annual Plan Staten Island Presentation (English)FY2014 Annual Plan Staten Island Presentation (English)
FY2014 Annual Plan Staten Island Presentation (English)
 
Smith Land Lease Presentation 6-20-13 (Russian)
Smith Land Lease Presentation 6-20-13 (Russian)Smith Land Lease Presentation 6-20-13 (Russian)
Smith Land Lease Presentation 6-20-13 (Russian)
 
Smith Land Lease Presentation 6-20-13 (Chinese)
Smith Land Lease Presentation 6-20-13 (Chinese)Smith Land Lease Presentation 6-20-13 (Chinese)
Smith Land Lease Presentation 6-20-13 (Chinese)
 
Smith Land Lease Presentation 6-20-13 (Spanish)
Smith Land Lease Presentation 6-20-13 (Spanish)Smith Land Lease Presentation 6-20-13 (Spanish)
Smith Land Lease Presentation 6-20-13 (Spanish)
 
Meltzer Land Lease Presentation 6-19-13 (Chinese)
Meltzer Land Lease Presentation 6-19-13 (Chinese)Meltzer Land Lease Presentation 6-19-13 (Chinese)
Meltzer Land Lease Presentation 6-19-13 (Chinese)
 
Meltzer Land Lease Presentation 6-19-13 (Spanish)
Meltzer Land Lease Presentation 6-19-13 (Spanish)Meltzer Land Lease Presentation 6-19-13 (Spanish)
Meltzer Land Lease Presentation 6-19-13 (Spanish)
 
Campos Plaza Land Lease Presentation 6-19-13 (Chinese)
Campos Plaza Land Lease Presentation 6-19-13 (Chinese)Campos Plaza Land Lease Presentation 6-19-13 (Chinese)
Campos Plaza Land Lease Presentation 6-19-13 (Chinese)
 
Campos Plaza Land Lease Presentation 6-19-13 (Spanish)
Campos Plaza Land Lease Presentation 6-19-13 (Spanish)Campos Plaza Land Lease Presentation 6-19-13 (Spanish)
Campos Plaza Land Lease Presentation 6-19-13 (Spanish)
 
Campos Plaza Land Lease Presentation 6-19-13 (Russian)
Campos Plaza Land Lease Presentation 6-19-13 (Russian)Campos Plaza Land Lease Presentation 6-19-13 (Russian)
Campos Plaza Land Lease Presentation 6-19-13 (Russian)
 
Carver Land Lease Presentation 6-18-13 (Spanish)
Carver Land Lease Presentation 6-18-13 (Spanish)Carver Land Lease Presentation 6-18-13 (Spanish)
Carver Land Lease Presentation 6-18-13 (Spanish)
 
Carver Land Lease Presentation 6-18-13 (Russian)
Carver Land Lease Presentation 6-18-13 (Russian)Carver Land Lease Presentation 6-18-13 (Russian)
Carver Land Lease Presentation 6-18-13 (Russian)
 
Carver Land Lease Presentation 6-18-13 (Chinese)
Carver Land Lease Presentation 6-18-13 (Chinese)Carver Land Lease Presentation 6-18-13 (Chinese)
Carver Land Lease Presentation 6-18-13 (Chinese)
 
La Guardia Land Lease Presentation (6-14-13) (Chinese)
La Guardia Land Lease Presentation (6-14-13) (Chinese)La Guardia Land Lease Presentation (6-14-13) (Chinese)
La Guardia Land Lease Presentation (6-14-13) (Chinese)
 
La Guardia Land Lease Presentation (6-14-13) (Spanish)
La Guardia Land Lease Presentation (6-14-13) (Spanish)La Guardia Land Lease Presentation (6-14-13) (Spanish)
La Guardia Land Lease Presentation (6-14-13) (Spanish)
 
La Guardia Land Lease Presentation (6-14-13) (Russian)
La Guardia Land Lease Presentation (6-14-13) (Russian)La Guardia Land Lease Presentation (6-14-13) (Russian)
La Guardia Land Lease Presentation (6-14-13) (Russian)
 
Baruch Houses Land Lease Presentation (6-13-13) (Chinese)
Baruch Houses Land Lease Presentation (6-13-13) (Chinese)Baruch Houses Land Lease Presentation (6-13-13) (Chinese)
Baruch Houses Land Lease Presentation (6-13-13) (Chinese)
 
Baruch Houses Land Lease Presentation (6-13-13) (Russian)
Baruch Houses Land Lease Presentation (6-13-13) (Russian)Baruch Houses Land Lease Presentation (6-13-13) (Russian)
Baruch Houses Land Lease Presentation (6-13-13) (Russian)
 

Kürzlich hochgeladen

VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
dipikadinghjn ( Why You Choose Us? ) Escorts
 

Kürzlich hochgeladen (20)

Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
 
Indore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdfIndore Real Estate Market Trends Report.pdf
Indore Real Estate Market Trends Report.pdf
 
The Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdfThe Economic History of the U.S. Lecture 19.pdf
The Economic History of the U.S. Lecture 19.pdf
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure serviceWhatsApp 📞 Call : 9892124323  ✅Call Girls In Chembur ( Mumbai ) secure service
WhatsApp 📞 Call : 9892124323 ✅Call Girls In Chembur ( Mumbai ) secure service
 
00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx00_Main ppt_MeetupDORA&CyberSecurity.pptx
00_Main ppt_MeetupDORA&CyberSecurity.pptx
 
The Economic History of the U.S. Lecture 25.pdf
The Economic History of the U.S. Lecture 25.pdfThe Economic History of the U.S. Lecture 25.pdf
The Economic History of the U.S. Lecture 25.pdf
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 
The Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdfThe Economic History of the U.S. Lecture 23.pdf
The Economic History of the U.S. Lecture 23.pdf
 
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
 
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...Top Rated  Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
Top Rated Pune Call Girls Viman Nagar ⟟ 6297143586 ⟟ Call Me For Genuine Sex...
 
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
 
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbaiVasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
 
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
VIP Independent Call Girls in Mira Bhayandar 🌹 9920725232 ( Call Me ) Mumbai ...
 
The Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdfThe Economic History of the U.S. Lecture 26.pdf
The Economic History of the U.S. Lecture 26.pdf
 
03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx03_Emmanuel Ndiaye_Degroof Petercam.pptx
03_Emmanuel Ndiaye_Degroof Petercam.pptx
 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
 
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
06_Joeri Van Speybroek_Dell_MeetupDora&Cybersecurity.pdf
 

Meltzer Land Lease Presentation 6-19-13

  • 1. Preserving Public Housing Overview for Pending Land Lease Request For Proposal Meltzer Tower June 20, 2013
  • 2.  Let’s hear from everyone  No interruptions  Treat everyone with respect  Respect different opinions  Speaker slips are available to register for the open comment time at the end of the presentations  No videotaping 2 Meeting Guidelines
  • 3. 3  Key Changes Implemented Due to Resident Feedback  Design and Zoning Information  Section 18  Project Timeline  Comments and Q & A Discussion Topics
  • 4. Key Changes Implemented Due to Resident Feedback  NYCHA has extended the release date of the pending Request for Proposal (RFP) by several months  100% of revenue generated from rent will be invested to meet the capital needs at the eight (8) affected developments in the initial period.  At least 20% of the apartments will be permanently low-income available to households earning a range of incomes below 60% of Area Median Income (AMI) for NYC Metro Area. 4
  • 5. Key Changes Implemented Due to Resident Feedback  New Building designs must improve affected NYCHA developments, be thoughtfully designed.  Developers will be competitively scored on their willingness to increase the percentage of permanently affordable apartments and or to decrease the average AMI below 50% 5
  • 6. Key Changes Implemented Due to Resident Feedback  Proposers will be required to submit a NYCHA resident hiring plan detailing initiatives targeted at hiring NYCHA residents.  At least 15% of the total labor cost for construction work should be made-up of NYCHA residents.  NYCHA will require that proposers adhere to Section 3-like hiring goals; 30% of permanent employment opportunities will be targeted to NYCHA residents.  Designated developers will be required to conduct meetings, discussions with residents, elected officials and community boards , as project planning is refined and Section 18 applications are prepared during 2014. 6
  • 7. Some Key Steps:  Resident Consultation - Residents have the right to submit separate written comments about the Section 18 application  Environmental Review: - Completion of environmental assessment of proposed development projects pursuant to the federal National Environmental Policy Act (NEPA) and State Environmental Quality Review Act (SEQRA); in New York City, environmental review follows the City Environmental Quality Review (CEQR) manual 7 Section 18 Before NYCHA may enter into a ground lease HUD must approve the proposed transaction.
  • 8. Some Key Steps:  Notice of Disposition in NYCHA Annual Plan  Appraisal of development site  Description of How Proceeds from Land Leases (disposition) Will Be Used  Elected Official Consultation  Letter dated and signed by Deputy Mayor that demonstrates NYCHA has consulted with the appropriate local government officials about the proposed disposition  Adoption of a resolution by the NYCHA Board to authorize submission of the Section 18 application 8 Section 18 Before NYCHA may enter into a ground lease HUD must approve the proposed transaction.
  • 9. Meltzer Tower East 1st Street Site 9
  • 10. Meltzer Tower East 1st Street Site 10 Land Lease Site Area: 18,798SF New Construction: 121,445SF Residential 18,798SF Commercial Total Number of Apartments*: 130 *Assumption: 925SF/Apartment
  • 11. $13.4 Billion Unmet Capital Need NYCHA Wide for the Next 5 Years Meltzer Tower currently has a total of $10.5 Million in capital needs NYCHA’s current 5 year Modernization Plan budgets $167,000 for Meltzer Tower for 2013-2017 11
  • 12. Land Lease Opportunity Key Milestones 2013  Release RFP  Pre-Submission Conference  Proposals due  Interviews/Applicant Presentations  Selection Committee makes recommendation to NYCHA Board  Board Conditionally Designates Developer(s)  CDLs issued to Developers  NYCHA to develop its Annual Plan (per HUD Section 18)  Throughout the year, there will be periodic engagement with residents and other stakeholders (elected officials and Community Boards) 12
  • 13. Land Lease Opportunity Key Milestones 2014  NYCHA Annual Plan becomes effective  Preparation of Section 18 Application (Draft)  Commence Environmental Review  Engagement with residents and other stakeholders (elected and CBs) – “Official S18 Meetings”  Board Approval to submit Section 18 Application to HUD  Submission of Section 18 Application to HUD  Throughout the year, there will be on-going engagement with residents and other stakeholders (elected officials and Community Boards) 13
  • 14. Land Lease Opportunity Key Milestones 2015-2016 Key Milestones 2015  HUD may issue questions on application (est. / time may vary)  Prepare responses to HUD questions  HUD reviews S18 Application (with approval targeted in December).  Throughout the year, there will be periodic engagement with residents and other stakeholders (elected officials and Community Boards) Key Milestones 2016  Upon approval, enter Ground Lease agreement(s)  Construction preparation & groundbreaking  Throughout the year, there will be periodic engagement with residents and other stakeholders (elected officials and Community Boards) 14
  • 15. 15 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