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HPD seeks technical correction to Ocean Crest Article 11 tax exemption; committee accepts explanation
Summary
The subcommittee heard a short, pre‑considered presentation by the Department of Housing Preservation and Development to correct property and ownership information in a prior Article 11 tax exemption resolution for a Queens project (Ocean Crest). HPD said the changes are technical: corrected HDFC names and the exemption area block/lot.
The subcommittee opened a brief pre‑considered hearing on a technical amendment to a prior City Council resolution approving an Article 11 tax exemption under Section 577 of the Private Housing Finance Law for a Queens project known as Ocean Crest. Justin Donlin, senior project manager in…
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