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History
- Referred to rules
Companion bill
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Authorizes the Urban Development Corporation to create a subsidiary corporation for the oversight of the Atlantic Yards project
In Assembly Committee · Ways And Means · Sponsor Hakeem Jeffries
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8193
Title of bill
An act to amend the public authorities law, in relation to creating a subsidiary corporation for the planning and oversight of the Atlantic yards project
Purpose or general idea of bill
The purpose of this bill is to establish a project oversight entity, to supervise the Atlantic Yards Project in order to create increased accountability and oversight in the project's governance.
Summary of provisions
Section 2827-a of the public authorities law is amended by adding a new subdivision 8 to read as follows: Creation of a subsidiary corporation, in 'accordance with section twelve of New York state urban development corporation act, for the purpose of the further planning, design and oversight of the Atlantic Yards land use improvement and civic project.
Justification
New York State projects in New York City are typically governed in one of two ways. The State can pass specific legislation relating to the project, as it did with Battery Park City and Hudson River Park. Alter- natively, the State can govern projects under the powers granted to it by the UDC Act of 1968, which it does with Brooklyn Bridge Park, Queens West, Moynihan Station, and other projects. In many cases, the Empire State Development corporation (ESDC) has established subsidiaries to formally involve the city and local elected officials in the governance of these projects.
However, they are not obliged to do so by law and, unique among the large state projects in New York City, there is no project subsidiary for Atlantic Yards. The result is that the project is governed in a less transparent, less accountable manner than comparable projects, and with- out any vehicle for coordinating the city and state agencies involved in the proposed development, or involving local elected officials and the relevant community boards. Further, changes in administration in State government, as well as changes in the ESOC's internal organization, pose risks to the continuity of project oversight which may threaten the realization of Atlantic Yards' stated goals.
To address this, the proposed legislation would establish a subsidiary. corporation for the oversight of the Atlantic Yards project. The entity would be created to undertake four primary responsibilities.
First, oversee the implementation of the design guidelines for the architecture of the project. Second, coordinate the involvement of state and city agencies responsible for the environmental impact mitigations. Third, coordinate the development of policy surrounding the project, including transportation concerns. Lastly, approve changes to the gener- al project plan.
Prior legislative history
New Bill.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.