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Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / zoning-due-diligence-memo.docx
zoning-due-diligence-memo.docx
Parties
Metropolitan Transit Development Corp
York City Economic Development Corp
Fenwick LLP
Mandatory Inc
Area Median Inc
Hudson Yards Infrastructure Corp
Halsey LLP
Housing Inc
Dates
April 15, 2025
March 5, 2025
June 1, 2020
March 20, 2025
September 12, 2023
October 25, 2023
June 15, 2025
March 15, 2021
November 15, 2023
January 10, 2024
Amounts
$675,000,000
$62,500,000
$15,625,000
$5,000,000
Obligations
Above the base height, the building is required to set back a minimum of 10 feet from the West 34th Street streetwall and 15 feet from the Eleventh Avenue streetwall
it does not require a further ULURP action) but must be completed to DCP's satisfaction
The Borrower is required to provide affordable housing units in compliance with the MIH program, as further described in Section VII below
Under the Deep Affordability Option, the Borrower is required to provide affordable housing units representing 20% of the total residential floor area
Under ZR § 23-96, the affordable units must be distributed across a range of floors and building sections such that no single contiguous group of floors contains more than 50% of the affordable units
The affordability restrictions are permanent and must be reflected in a regulatory agreement recorded against the property