Subcommittee on Landmarks, Public Sitings, Resiliency and Dispositions, September 8, 2026
Votes on Public hearing on 4850 Convent Avenue Cluster ANCP (UDAAP approval + 40-year Article 11 tax exemption)
What happened
The NYC Council Subcommittee on Landmarks, Public Sitings, Resiliency and Dispositions held a public hearing on pre-considered LUs for the 4850 Convent Avenue Cluster ANCP, an HPD Affordable Neighborhood Cooperative Program project to preserve four buildings with 77 home-ownershi…
- Jurisdiction
- New York City, NY
- Date
- September 8, 2026
- Decisions
- 1 zoning decision
- Outcome
- Voted
Free sample: decision 1 of 1
Public hearing on 4850 Convent Avenue Cluster ANCP (UDAAP approval + 40-year Article 11 tax exemption)
HPD presented two pre-considered applications for the 4850 Convent Avenue cluster under the Affordable Neighborhood Cooperative Program (ANCP): UDAAP approval pursuant to Section 691 of the General Municipal Law and a 40-year Article 11 tax exemption pursuant to Section 577 of the Private Housing...
Meeting Summary
The NYC Council Subcommittee on Landmarks, Public Sitings, Resiliency and Dispositions held a public hearing on pre-considered LUs for the 4850 Convent Avenue Cluster ANCP, an HPD Affordable Neighborhood Cooperative Program project to preserve four buildings with 77 home-ownershi…
Key Decisions (1)
Public hearing on 4850 Convent Avenue Cluster ANCP (UDAAP approval + 40-year Article 11 tax exemption)
Development Activity (1)
4850 Convent Avenue Cluster ANCP
Residential
Market Signals (2)
Housing Demand
New York City's ANCP program continues to convert long-held city-owned…
Sentiment
HPD reports that residents in converted ANCP buildings tend to…
Who Spoke (8)
On the record: the chair, 2 councilmembers, and 3 applicants.
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