What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Substituted by A9874
- Ordered to third reading cal.1699
- Committee discharged and committed to rules
- Referred to finance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes the commissioner of general services to sell certain land to Northeast Brooklyn Housing Development Corporation
Signed by Governor · Sponsor Walter T. Mosley
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7698
Title of bill
An act authorizing the commissioner of general services to sell certain land to Northeast Brooklyn Housing Development Corporation
Purpose or general idea of bill
The purpose of this bill is to transfer state property at 1024 Fulton Street, Brooklyn, New York to the Northeast Brooklyn Housing Development Corporation (NEBHDCo) for fair market value.
Summary of specific provisions
This bill would convey state property located at 1024 Fulton Street, Brooklyn, New York, for fair market value to NEBHDCo, upon such terms and conditions as the commissioner of the Office of General services may fix and determine.
The land shall not be transferred unless application is made by the Northeast Brooklyn Housing Development Corporation within one year after the effective date of this act.
Justification
The Northeast Brooklyn Housing Development Corporation (NEBHDCo) plans to use this property for a mixed-use of affordable housing for the elderly and veterans, with complimentary social services and a mix of creative commercial and retail uses to provide a variety of goods and services. This is an appropriate and productive use of this unused state property. NEBHDCo's preliminary feasibility analysis of housing needs for elderly population in New York State indicated a growing demand for senior housing and assisted living facilities that enable the elderly to age in their current communities while being able to access necessary support services. Ultimately, this project will benefit the dormant stretch of Fulton Street corridor by spurring economic development in the area.
Prior legislative history
This is a new bill.
Fiscal implications for state and local governments
Undetermined.
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.