Build NYC holds public hearings where the public can provide testimony before approving assistance for proposed projects. Build NYC Board of Directors meetings are open for the public to attend.
Meetings will stream live below and be available on-demand within 24 hours after the meeting. Detailed information for projects covered in the next Build NYC Public Hearing can be found below.
Build NYC is committed to ensuring meaningful access to its programs. If you require any accommodation for language access, including sign language, please contact NYCEDC’s Equal Access Officer at 212.312.3602 or email [email protected].
Notice of Public Hearing: December 12, 2019
Notice of Meeting of Finance Committee: December 12, 2019
Notice of Meeting of Board of Directors: December 17, 2019
Deadlines & Meetings Schedule
| Build NYC Core Application Deadlines |
Build NYC Public Hearings |
Build NYC Board of Directors Meetings |
|---|---|---|
| Tuesday, July 23, 2019 | Thursday, September 19, 2019 | Tuesday, September 24, 2019 |
| Tuesday, August 27, 2019 | Thursday, October 31, 2019 | Tuesday, November 5, 2019 |
| Tuesday, October 8, 2019 | Thursday, December 12, 2019 | Tuesday, December 17, 2019 |
| Tuesday, December 10, 2019 | Thursday, February 13, 2020 | Tuesday, February 18, 2020 |
| Wednesday, January 22, 2020 | Thursday, March 26, 2020 | Tuesday, March 31, 2020 |
| Tuesday March 3, 2020 | Thursday, May 7, 2020 | Tuesday, May 12, 2020 |
| Tuesday, April 14, 2020 | Thursday, June 18, 2020 | Tuesday, June 23, 2020 |
In an effort to provide more transparency, NYCEDC is making detailed information available for Build NYC projects. Information for projects to be covered at the December 12, 2019, Build NYC Public Hearing to be held at One Liberty Plaza, 165 Broadway, New York, NY 10006 will be listed below.
Luria Academy of Brooklyn Public Hearing Package
| Organization Name: Luria Academy of Brooklyn (the “School”), a New York not-for-profit corporation exempt from federal taxation pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”), as borrower. | |
| Project Description: Proceeds from the Bonds will be used to: (i) finance the renovation, furnishing, and equipping three floors and the roof (with each floor consisting of 9,000 square feet, and the roof consisting of 7,000 square feet, for a total of 34,000 square feet), of an existing building located on a 9,125 square foot parcel of land at 664-668 Bergen Street, Brooklyn, New York, which space is expected to serve as the site of the School’s fourth through eighth grades, including a gymnasium, library, kitchen, music room, art room, STEAM lab, and administrative offices; the roof of the building is expected to be used as a playground, and there is an adjacent lot to the building, located at 670 Bergen Street, Brooklyn, New York, which the School plans to use for recreational activities and as a primary means of egress; (ii) fund a capitalized interest and debt service reserve fund; and (iii) pay for certain costs and expenses associated with the issuance of the Bonds. The financed improvements will be owned and operated by the School, which provides education services to students in preschool through grade 8. | |
| Address: 664-668 and 670 Bergen Street, Brooklyn, New York 11238. | |
| Type of Benefits: Tax-exempt bond financing and exemption from City and State mortgage recording taxes. | |
| Cost of Benefits to City: $207,506.00 | |
| Projected City Tax Revenues: $5,834,096.00 | |
| Total Project Cost: $12,185,000.00 | |
| Current and Projected Jobs: 26 full time equivalent jobs retained; 20.5 full-time equivalent jobs created. |
Live Streams
The live NYCIDA and Build NYC Board of Directors Meeting, public hearing, and committee meeting videocasts will be made available by the meeting start time. The on-demand recording will be available within 24 hours after the meeting.
The Build NYC meetings will commence immediately after the closing of the NYCIDA meetings.