Approve Affordable Housing Development on Amsterdam Avenue

✦ Plain-Language Summary

This resolution approves the transfer of a city-owned property at 1727 Amsterdam Avenue in upper Manhattan (Washington Heights/West Harlem area) to a developer chosen by the Department of Housing Preservation and Development (HPD). The goal is to create affordable housing on this vacant or underutilized lot through a designated Urban Development Action Area Project. This is part of the city's broader effort to increase affordable housing in Community District 9.