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May 28
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Committee on Finance

Committee Meeting

Committee on Finance

May 28, 202510:30 AMCommittee Room - City Hall

The Committee on Finance met on May 28, 2025 and held hearings on 12 bills.

Agenda

Roll Call

Legislation

12 bills discussed — 12 hearing held

East Harlem 125th Street Business Improvement District, Manhattan

Int 1219-2025

Approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget.

Res 0875-2025

Establish that the discount percentage for early payment of real estate taxes be set at one-half of one percent per annum for FY'26.

Res 0876-2025

Establish that the interest rate be 6% per annum for FY'26 for non-payment of taxes on properties with an assessed value of not more than $250,000, or not more than $250,000 per residential unit for cooperative apartments.

Res 0877-2025

Interest rate be 9% per annum for FY'26 for non-payment of taxes on properties with an assessed value of more than $250,000 but less than or equal to $450,000, or more than $250,000 but less than or equal to $450,000 per residential unit.

Res 0878-2025

Establish that the interest rate be 16% per annum for FY'26 for non-payment of taxes on properties with an assessed value of more than $450,000, or more than $450,000 per residential unit for cooperative apartments.

Res 0879-2025

Interest rate be 2 1/2 % per annum for FY'26 for certain properties for which the owner has entered into an installment payment agreement with the dept of finance for payment of delinquent property taxes, assessments, or other charges.

Res 0880-2025

McKenna Square Apartments, Block 2111, Lot 1; Block 2123, Lots 30 and 38, Manhattan, Community District No. 12, Council District No. 10 (Article V).

LU 0289-2025

McKenna Square Apartments, Block 2111, Lot 1; Block 2123, Lots 30 and 38, Manhattan, Community District No. 12, Council District No. 10 (Article XI).

LU 0290-2025

170 East 83rd Street, Block 1511, Lot 33, Manhattan, Community District No. 8, Council District No. 4 (Article XI).

LU 0291-2025

91-31 Lamont Avenue, Block 1568, Lot 40, Queens, Community District No. 4, Council District No. 25 (Article XI).

LU 0292-2025

Woodhaven 77, Block 8840, Lot 144, Queens, Community District No. 9, Council District No. 32 (Article XI).

LU 0293-2025

Documents

Meeting AgendaPDF

Files (2)

Meeting Agenda

7/11/2025

Meeting Minutes

7/11/2025