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Yonkers committee reviews new two‑year permit track for projects $10 million and up
Summary
The Yonkers Legislation and Codes Committee on June 25 discussed a proposed local law that would create a two‑year building permit track for projects equal to or exceeding $10,000,000 and set a flat fee for that two‑year period.
The Yonkers Legislation and Codes Committee on June 25 discussed a proposed local law that would create a two‑year building permit track for projects equal to or exceeding $10,000,000 and set a flat fee for that two‑year period.
The proposal would replace the current one‑year permit with an optional two‑year fee for large projects. Finance department staff provided a worked example: under the current rule a $10,000,000 project would pay a one‑year fee of $123,000 plus a one‑year extension of $61,500; under the proposal a two‑year fee would be $145,000, a difference of $39,500,…
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