August 2012 - Empire State Development - New York State

DRAFT – SUBJECT TO REVIEW AND REVISION
community development benefits for the 125 th Street corridor and for the community, enhance
the vitality of 125 th Street, strengthen Harlem as a destination for business tourism and the arts
and will generate approximately 576 construction jobs and 373 permanent jobs.
Mr. Archer then proceeded to provide the relevant background information with regard
to the status of the site and the project thus far including the process involved in selecting
Danford Development Partners, LLC as the developer.
Mr. Archer went on to state the requests being made to the Directors were follows (a)
to adopt the Land Use Improvement Project and Civic Project Findings required under the UDC
Act; (b) to adopt the Proposed General Project Plan; (c) to accept the Draft Environmental
Impact Statement (“DEIS”) as satisfactory with respect to its scope and content; and (d) to
authorize a Public Hearing pursuant to the UDC Act, SEQRA and other applicable law on the
DEIS, the General Project Plan and the Essential Terms of the proposed Ground Lease and
related documents.
ESD Directors.
Mr. Archer then outlined several next steps for the Project pending its approval by the
Following the full presentation, the Chair called for questions or comments.
Director Ciminelli asked why the project was not eligible for historic tax credits and Ms. Shatz
stated that there is an adverse impact on the site.
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