Lets the Metropolitan Development and Housing Agency make a payment-in-lieu-of-taxes agreement for Madison Station, an apartment project of about 211 units at 721 Madison Square for households earning 60% or less of the Area Median Income. The text puts the difference from regular property taxes in the first tax year after completion at $527,457.
RS2026-1810
On the full council's agenda 1 time from January 2026, oldest first. Bills need three readings to pass; resolutions need one.
History
- March 3, 2026 · Resolutions Passed
Adopted