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NY S07805

Bill

Official Source

Status

Introduced

6/19/2012

Primary Sponsor

Rules

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Exempts multiple dwellings on specified Manhattan lots (blocks 51, 90, 1010, and 1259) from subdivision (c) of section 11-245 of the New York City Administrative Code if construction commenced between January 1, 2007 and June 21, 2017
  • Requires that 20 percent of units be affordable to low and moderate income households under section 421-a of the Real Property Tax Law, OR that the requirements of subdivision 12 of section 421-a are met
  • Exempts a multiple dwelling on Manhattan block 123, lot 10 from the same administrative code provision if construction commenced between January 1, 2007 and June 21, 2012, provided the developer funds at least $9 million in affordable rental housing construction (reduced by value of negotiable certificates purchased)
  • Classifies construction work on all specified lots (except lots 17, 18, and 21 of block 90) as public work under Article Eight of the Labor Law, requiring prevailing wage standards for laborers, workers, and mechanics unless performed under a project labor agreement
  • Takes effect on the same date as legislative bill S.7794

Legislative Description

Relates to the applicability of the administrative code of the city of New York to certain interim multiple dwellings.

Last Action

REFERRED TO RULES

6/19/2012

Committee Referrals

Rules6/19/2012

Full Bill Text

No bill text available