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Property tax exemption · Res 0034-2026

A proposed Tenth Amendatory Agreement between the City of New York and Penn South in relation to an exemption from real property taxes for the properties…

Official titleShow

Resolution approving a proposed Tenth Amendatory Agreement between the City of New York and Penn South in relation to an exemption from real property taxes for the properties located at 212-226 9th Avenue (Block 747, Lot 1), 311-351 West 24th Street (Block 748, Lot 1), 250-268 9th Avenue (Block 749, Lot 1), 313 8th Avenue (Block 749, Lot 24), 270-296 9th Avenue (Block 751, Lot 1), and 305 9th Avenue (Block 752, Lot 1) in Manhattan, pursuant to Section 114 of the Private Housing Finance Law and in accordance with Section 125(1)(a-4) of such Law (Preconsidered L.U. No. )

The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.

AdoptedLatest action Jan 29, 2026

New York City Council

Sponsor

Erik D. Bottcher

Summary

Approving a proposed Tenth Amendatory Agreement between the City of New York and Penn South in relation to an exemption from real property taxes for multiple blocks in Manhattan.

Summary from NYC Council (Legistar). How we handle summaries

From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Jul 30, 2026. About our data

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Where it stands

Approved and finalized.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Adopted

Committee

Committee on Rules, Privileges, Elections, Standards and Ethics

Recorded votes

  • Vote: P-C Item Approved by Comm

    Committee on FinanceJan 29, 2026Result: passed

    (16) (0) (0) (1)

  • Vote: Approved, by Council

    NYC CouncilJan 29, 2026Result: passed

    (51) (0) (0) (0)

Full history

  1. Jan 29, 2026

    A Motion Was Made That This Resolution be Approved, by Council Approved by Consent Roll Call.

    A motion was made that this Resolution be Approved, by Council approved by consent Roll Call.

    NYC Council

  2. Jan 29, 2026

    A Motion Was Made That This Resolution be P-c Item Approved by Comm Approved by Roll Call.

    A motion was made that this Resolution be P-C Item Approved by Comm approved by Roll Call.

    Committee on Finance

  3. Jan 29, 2026

    Hearing held

    This Resolution was Hearing on P-C Item by Comm

    Committee on Finance

  4. Jan 29, 2026

    Introduced

    This Resolution was Introduced by Council

    NYC Council

  5. Jan 29, 2026

    Referred to committee

    This Resolution was Referred to Comm by Council to the Committee on Rules, Privileges, Elections, Standards and Ethics

    NYC Council