Summary
Finance committee approves budget and land use
New YorkJun 11, 20262 min read
At a glance
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The Committee on Finance met at 250 Broadway and recorded 15 members present with James F. Gennaro and Christopher Marte absent. The committee approved a communication to appropriate new Fiscal Year 2027 revenues under Section 107(e) (M 0078-2026), approved Resolution Res 0524-2026, and advanced multiple land‑use applications (LU 0081-2026 through LU 0090-2026) as P‑C items.
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Topics discussed
Budget & TaxHousing
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What this means
The committee approved moving newly identified city revenues into the Fiscal Year 2027 budget process, which allows those funds to be allocated once the full Council acts. It also approved a set of land‑use applications, clearing those proposals to move forward toward final Council consideration. Items labeled "P‑C Item" were preconsidered and were approved by the committee to advance.
Key decisions
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- Approved Communication M 0078-2026 (appropriation of new FY2027 revenues under Section 107(e) of the NYC Charter) as a P‑C Item.
- Approved Resolution Res 0524-2026 (companion resolution related to the revenue modification) as a P‑C Item.
- Approved Land Use Applications LU 0081-2026 through LU 0090-2026 as P‑C Items to advance with companion resolutions.
- Recorded vote: 15 affirmative; James F. Gennaro and Christopher Marte absent.
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Meeting information
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Committee on Finance
Jun 11, 2026, 12:00 AM250 Broadway - 8th Floor - Hearing Room 2scheduled
VOTE*
Agenda
- AGENDA TO BE ANNOUNCED
- Communication from the Office of Management & Budget - Appropriation of new City revenues in Fiscal Year 2027, pursuant to Section 107(e) of the New York City Charter. (MN-8)
- St. John’s Flats, Block 1380, Lot 54; Block 1386, Lot 44, Brooklyn, Community Districts No. 16 and 18, Council Districts No. 36 and 41.
- NY Pacific Street, Block 1433, Lot 43, Brooklyn, Community District No. 16, Council District No. 41.
- TBK 1001B St. Nicks Alliance - 315 Harman Street, Block 3279, Lot 41, Brooklyn, Community District No. 4, Council District No. 37.
- Resolution approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget
- The Pearl Block 2051, Lot 6, Manhattan, Community District No. 9, Council District No. 9.
- 84-04 126th Street Block 9247, Lot 1 Queens, Community District No. 9, Council District No. 29.
- CB Manager Block 2054, Lot 35, Block 2164, Lot 38, Block 2177, Lots 8 and 39, Manhattan, Community District No. 9 and 12, Council District 9 and 10; Block 1241, Lot 1, Block 1243, Lot 21, Block 1361, Lot 1, Block 5062, Lot 43, Block 5063, Lot 1, Block 5086, Lot 22, Block 5122, Lots 10 and 35, Block 5124 Lots 12, 18, and 45, Block 5136, Lot 39, Block 5160, Lot 21, Block 5162, Lots 22 and 62, Block 5184, Lot 31, Block 5211, Lot 39, Block 6694, Lot 1, Block 6700, Lot 12, Block 6703, Lot 35, Block 6712, Lot 86, Block 7112, Lot 1, Block 7577, Lot 25, Brooklyn, Community District 8, 14, 15 and 17, Council District No. 36, 40, 44, 45, and 48
- Westbeth Artist Housing Block 639, Lots 1001 and 1002 (f/k/a Lot 1) Manhattan, Community District No. 2, Council District No. 3.
- TBX901-RSE Block 2373, Lot 43; Block 2935, Lot 1, Bronx, Community District No. 3, Council District No. 16 and 17.
- DY Heights Block 2149, Lots 3, 84, 101, and 104, Block 2156, Lots 22, 33, 35, and 37, Block 2157, Lots 13 and 56, Manhattan, Community District No. 12, Council District No. 10.
- CSP Third Street Block 2174, Lot 154, Block 2175, Lot 202, Block, Manhattan, Community District No. 12, Council District 10; Block 2426, Lot 54, Block 3074 Lot 50, Block 3219, Lot 91, Block 3221 Lots 78 and 84, Block 3225, Lot 72, 103, and 173, Block 3333, Lot 9, Block 3738, Lot 10, Block 3812, Lot 1, Block 3899, Lots 25, 37, and 55, Block 3926, Lots 24 and 31, Block 4845, Lot 31, Bronx, Community District No. 4, 5, 6, 7, and 9 Council District No. 10, 11, 14, 15, 16, 17, and 18.
- AND SUCH OTHER BUSINESS AS MAY BE NECESSARY
- RESOLUTION APPROVING A MODIFICATION (MN-8) PURSUANT TO SECTION 107(e) OF THE CHARTER OF THE CITY OF NEW YORK
- Roll Call
- CSP Third Street Block 2174, Lot 154, Block 2175, Lot 202, Block, Manhattan, Community District No. 12, Council District 10; Block 2426, Lot 54, Block 3074 Lot 50, Block 3219, Lot 91, Block 3221 Lots 78 and 84, Block 3225, Lot 72, 103, and 173, Block 3333, Lot 9, Block 3738, Lot 10, Block 3812, Lot 1, Block 3899, Lots 25, 37, and 55, Block 3926, Lots 24 and 31, Block 4845, Lot 31, Bronx, Community District No. 4, 5, 6, 7, and 9 Council District No. 10, 11, 14, 15, 16, 17, and 18.
- DY Heights Block 2149, Lots 3, 84, 101, and 104, Block 2156, Lots 22, 33, 35, and 37, Block 2157, Lots 13 and 56, Manhattan, Community District No. 12, Council District No. 10.
- TBX901-RSE Block 2373, Lot 43; Block 2935, Lot 1, Bronx, Community District No. 3, Council District No. 16 and 17.
- Westbeth Artist Housing Block 639, Lots 1001 and 1002 (f/k/a Lot 1) Manhattan, Community District No. 2, Council District No. 3.
- CB Manager Block 2054, Lot 35, Block 2164, Lot 38, Block 2177, Lots 8 and 39, Manhattan, Community District No. 9 and 12, Council District 9 and 10; Block 1241, Lot 1, Block 1243, Lot 21, Block 1361, Lot 1, Block 5062, Lot 43, Block 5063, Lot 1, Block 5086, Lot 22, Block 5122, Lots 10 and 35, Block 5124 Lots 12, 18, and 45, Block 5136, Lot 39, Block 5160, Lot 21, Block 5162, Lots 22 and 62, Block 5184, Lot 31, Block 5211, Lot 39, Block 6694, Lot 1, Block 6700, Lot 12, Block 6703, Lot 35, Block 6712, Lot 86, Block 7112, Lot 1, Block 7577, Lot 25, Brooklyn, Community District 8, 14, 15 and 17, Council District No. 36, 40, 44, 45, and 48
- 84-04 126th Street Block 9247, Lot 1 Queens, Community District No. 9, Council District No. 29.
- The Pearl Block 2051, Lot 6, Manhattan, Community District No. 9, Council District No. 9.
- TBK 1001B St. Nicks Alliance - 315 Harman Street, Block 3279, Lot 41, Brooklyn, Community District No. 4, Council District No. 37.
- NY Pacific Street, Block 1433, Lot 43, Brooklyn, Community District No. 16, Council District No. 41.
- St. John’s Flats, Block 1380, Lot 54; Block 1386, Lot 44, Brooklyn, Community Districts No. 16 and 18, Council Districts No. 36 and 41.
- RESOLUTION APPROVING A MODIFICATION (MN-8) PURSUANT TO SECTION 107(e) OF THE CHARTER OF THE CITY OF NEW YORK
- Communication from the Office of Management & Budget - Appropriation of new City revenues in Fiscal Year 2027, pursuant to Section 107(e) of the New York City Charter. (MN-8)
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