DOCSLIB.ORG

BRC FY18 Audited Financial Statements.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Bowery Residents’ Committee, Inc. and Affiliated Organizations Combined Financial Statements and Supplementary Information Year Ended June 30, 2018 The report accompanying these financial statements was issued by BDO USA, LLP, a Delaware limited liability partnership and the U.S. member of BDO International Limited, a UK company limited by guarantee. Bowery Residents’ Committee, Inc. and Affiliated Organizations Combined Financial Statements and Supplementary Information Year Ended June 30, 2018 Bowery Residents’ Committee, Inc. and Affiliated Organizations Contents Independent Auditor’s Report 3-4 Combined Financial Statements Statement of Financial Position as of June 30, 2018 5 Statement of Activities for the Year Ended June 30, 2018 6 Statement of Changes in Net Assets (Deficit) for the Year Ended June 30, 2018 7 Statement of Functional Expenses for the Year Ended June 30, 2018 8 Statement of Cash Flows for the Year Ended June 30, 2018 9 Notes to Combined Financial Statements 10-24 Supplementary Information Combining Schedule of Financial Position as of June 30, 2018 26 Combining Schedule of Activities for the Year Ended June 30, 2018 27 2 Tel: +212 885-8000 100 Park Avenue Fax: +212 697-1299 New York, NY 10017 www.bdo.com Independent Auditor’s Report The Board of Directors Bowery Residents’ Committee, Inc. and Affiliated Organizations New York, New York We have audited the accompanying combined financial statements of Bowery Residents’ Committee, Inc. and Affiliated Organizations (collectively, the Organization), which comprise the combined statement of financial position as of June 30, 2018, and the related combined statements of activities, changes in net assets (deficit), functional expenses and cash flows for the year then ended, and the related notes to the combined financial statements. Management’s Responsibility for the Combined Financial Statements Management is responsible for the preparation and fair presentation of these combined financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the combined financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express an opinion on these combined financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the combined financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the combined financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the combined financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the combined financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the combined financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. 3 Opinion In our opinion, the combined financial statements referred to above present fairly, in all material respects, the financial position of the Organization as of June 30, 2018, and the results of their operations and their cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. Other Matter Our audit of the combined financial statements was conducted for the purpose of forming an opinion on those statements as a whole. The supplementary information presented in the following section of this report is presented for purposes of additional analysis and is not a required part of the combined financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the combined financial statements. The information has been subjected to the auditing procedures applied in the audit of the combined financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the combined financial statements or to the combined financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the combined financial statements as a whole. Report on Summarized Comparative Information We have audited the Organizations’ 2017 combined financial statements and our report, dated December 12, 2017, expressed an unmodified opinion on those audited combined financial statements. In our opinion, the summarized comparative information presented herein as of and for the year ended June 30, 2017 is consistent, in all material respects, with the audited combined financial statements from which it has been derived. February 22, 2019 4 Bowery Residents’ Committee, Inc. and Affiliated Organizations Combined Statement of Financial Position (with comparative totals for 2017) June 30, 2018 2017 Assets Current Cash and cash equivalents $ 5,829,765 $ 5,667,910 Investments, at fair value (Note 4) 53,560 41,372 Accounts receivable, net (Note 5) 15,548,887 5,250,745 Pledges receivable (Note 6) 1,493,667 255,740 Prepaid expenses and other assets 1,366,826 1,858,260 Total Current Assets 24,292,705 13,074,027 Assets Limited to Use (Note 7) 2,760,080 3,136,303 Fixed Assets, Net (Note 8) 98,984,051 82,966,361 Total Assets $ 126,036,836 $ 99,176,691 Liabilities and Net Assets Current Liabilities Accounts payable and accrued expenses $ 7,136,939 $ 7,050,109 Accrued compensation and related taxes 2,230,451 2,488,883 Accrued interest payable 2,674,914 2,363,580 Deferred revenue (Note 12) 10,085,492 4,671,090 Line of credit (Note 9) 5,000,000 3,000,000 Current portion of loans payable (Note 10) 424,738 12,719,339 Total Current Liabilities 27,552,534 32,293,001 Deferred Rent (Note 11) 6,455,055 7,421,680 Deferred Revenue, net of current portion (Note 12) 3,806,028 4,001,209 Loans Payable, net of current portion (Note 10) 74,481,068 46,905,470 Total Liabilities 112,294,685 90,621,360 Commitments and Contingencies (Note 9, 10, 11, 12 and 13) Net Assets (Notes 14 and 15) Unrestricted 5,990,915 2,683,263 Temporarily restricted 3,264,251 908,488 Noncontrolling interest 4,486,985 4,963,580 Total Net Assets 13,742,151 8,555,331 Total Liabilities and Net Assets $ 126,036,836 $ 99,176,691 See accompanying notes to combined financial statements. 5 Bowery Residents’ Committee, Inc. and Affiliated Organizations Combined Statement of Activities (with comparative totals for 2017) Year ended June 30, Temporarily Combined Totals Unrestricted Restricted 2018 2017 Revenues Government and other grants $ 67,665,109 $ - $ 67,665,109 $ 62,405,090 Medicaid 6,132,981 - 6,132,981 6,044,625 Program service fees 3,353,008 - 3,353,008 3,736,400 Rental income 3,490,674 - 3,490,674 3,091,715 Contributions 1,156,356 3,482,512 4,638,868 2,415,802 Development fees 1,279,823 - 1,279,823 - Other 1,319,916 - 1,319,916 484,901 Net assets released from restrictions (Note 14) 1,126,749 (1,126,749) - - Total Revenues Before Special Events 85,524,616 2,355,763 87,880,379 78,178,533 Special events revenue 648,479 - 648,479 959,010 Less: cost of direct benefit to donors (215,394) - (215,394) (261,538) Net Revenue from Special Events 433,085 - 433,085 697,472 Total Revenues 85,957,701 2,355,763 88,313,464 78,876,005 Expenses Program services: Gateway Services 20,682,034 - 20,682,034 19,672,071 Homeless Services 29,359,738 - 29,359,738 25,171,702 Housing Services 9,802,145 - 9,802,145 9,561,994 Treatment Service 12,754,329 - 12,754,329 12,664,950 Total Program Services 72,598,246 - 72,598,246 67,070,717 Supporting services: Management and general 6,903,986 - 6,903,986 7,031,167 Fundraising 722,840 - 722,840 348,293 Total Supporting Services 7,626,826 - 7,626,826 7,379,460 Affiliated organizations’ expenses 2,901,572 - 2,901,572 2,990,632 Total Expenses 83,126,644 - 83,126,644 77,440,809 Change in Net Assets 2,831,057 2,355,763 5,186,820 1,435,196 Net Assets, beginning of year 7,646,843 908,488 8,555,331 7,120,135 Net Assets, end of year $ 10,477,900 $ 3,264,251 $ 13,742,151 $ 8,555,331 See accompanying notes to combined financial statements. 6 Bowery Residents’ Committee, Inc. and Affiliated Organizations Combined Statement of Changes in Net Assets (Deficit) Year ended June 30, 2018 Controlling Interests Bowery Affiliated Bowery Residents’ Organizations Residents’ Committee, Inc.
Recommended publications
  • PERSHING SQUARE VIADUCT (Park Avenue Viaduct), Park Avenue from 40Th Street to Grand Central Terminal (42Nd Street), Borough of Manhattan

    PERSHING SQUARE VIADUCT (Park Avenue Viaduct), Park Avenue from 40Th Street to Grand Central Terminal (42Nd Street), Borough of Manhattan

    Landmarks Preservation Commission September 23, 1980, Designation List 137 LP-1127 PERSHING SQUARE VIADUCT (Park Avenue Viaduct), Park Avenue from 40th Street to Grand Central Terminal (42nd Street), Borough of Manhattan. Built 1917-19; architects Warren & Wetmore. Landmark Site: The property bounded by a line running easward parallel with the northern curb line of East 40th Street, a line running northward to the edge of Tax Map Block 1280, Lot 1, parallel with the eastern wall of the viaduct, a line running westward along the edge of Tax Map Block 1280, Lot 1, and a line running southward parallel with the western wall of the viaduct to the point of beginning. On March 11, 1980, the Landmarks Preservation Commission held a public hearing on the proposed designation as a Landmark of the Pershing Square Viaduct (Park Avenue Viaduct) and the proposed designation of the related Landmark Site (Item No. 9). The hearing had been duly advertised in accordance with the provisions of law. Four witnesses spoke in favor of designation. There were no speakers in opposition to designation. DESCRIPTION AND ANALYSIS Located at Park Avenue and 42nd Street, tfie Pershing Square Viaduct was constructed tn 1917-1919. The viaduct extends from 40th Street to Grand Central Terminal at 42nd Street, linking upper and lower Park Avenue by way of elevated drives that make a circuit around the terminal building and descend to ground level at 45th Street. Designed in 1912 by the architectural firm of Warren & Wetmore, the viaduct was conceived as part of the original 1903 plan for the station by the firm of Reed & Stem.
  • NYCHA Facilities and Service Centers

    NYCHA Facilities and Service Centers

    NYCHA Facilities and Service Centers BOROUGH DEVELOPMENT NAME ADDRESS Manhattan Baruch 595- 605 FDR Drive Staten Island Berry Houses 44 Dongan Hills Brooklyn Farragut 228 York Street Manhattan Harborview Terrace 536 West 56th Street Brooklyn Howard 1620 E N Y Avenue Manhattan Lexington 115 East 98th Steet Brooklyn Marcus Garvey 1440 E N Y Avenue Bronx Monroe 1802 Story Avenue Bronx Pelham Parkway 975 Waring Avenue Brooklyn Pink 2702 Linden Boulevard Queens Ravenswood 34-35A 12th Street Queens Ravenswood 34-35A 12th Street Brooklyn Red Hook East 110 West 9th Street Brooklyn Saratoga Square 930 Halsey Street Manhattan Washington Hts Rehab (Groups I and II) 500 West 164th Street Manhattan Washington Hts Rehab (Groups I and II) 503 West 177th Street Manhattan Wilson 405 East 105th Steet Manhattan Wise Towers/WSURA 136 West 91st Steet Brooklyn Wyckoff Gardens 266 Wyckoff Street Page 1 of 148 10/01/2021 NYCHA Facilities and Service Centers POSTCO STATUS SPONSOR DE Occupied Henry Street Settlement, Inc. Occupied Staten Island Mental Health Society, Inc. 10306 Occupied Spanish Speaking Elderly Council - RAICES Occupied NYCHA 10019 NYCHA HOLD NYCHA 11212 Occupied Lexington Children's Center 10029 Occupied Fort Greene Senior Citizens Council 11212 Vacant NYCHA Occupied Jewish Association Services For the Aged Occupied United Community Centers Occupied HANAC, Inc. 11106 Occupied HANAC, Inc. Occupied Spanish Speaking Elderly Council - RAICES Occupied Ridgewood-Bushwick Sr Citizens Council, Inc. Vacant NYCHA Occupied Provider Name Unknown Occupied
  • Brownfield Cleanup Program Citizen Participation Plan for CE – E

    Brownfield Cleanup Program Citizen Participation Plan for CE – E

    Brownfield Cleanup Program Citizen Participation Plan for CE – E. 11th Street MGP – OU-3 March 2018 Site No. C231105 181 Avenue D New York, NY 10009 www.dec.ny.gov Contents Section Page Number 1. What is New York’s Brownfield Cleanup Program? ............................................. 3 2. Citizen Participation Activities................................................................................ 3 3. Major Issues of Public Concern .............................................................................. 8 4. Site Information ........................................................................................................ 8 5. Investigation and Cleanup Process ..................................................................... 10 Appendix A - Project Contacts and Locations of Reports and Information ...................................................................................................... 13 Appendix B - Site Contact List ................................................................................... 14 Appendix C - Site Location Map................................................................................. 16 Appendix D - Brownfield Cleanup Program Process ............................................... 17 * * * * * Note: The information presented in this Citizen Participation Plan was current as of the date of its approval by the New York State Department of Environmental Conservation. Portions of this Citizen Participation Plan may be revised during the site’s investigation and cleanup process.
  • Manhattan New Construction & Proposed Multifamily Projects 4Q20

    Manhattan New Construction & Proposed Multifamily Projects 4Q20

    Manhattan New Construction & Proposed Multifamily Projects 4Q20 83 85 82 12 41 62 ID PROPERTY UNITS 6 30 Morningside Drive 205 Total Lease Up 205 12 HAP Seven NY 129 15 418 West 126th Street 75 19 Victoria Theatre 191 15 Total Under Construction 395 19 37 Broadway Development 130 6 41 210 Wadsworth Avenue 98 46 Total Planned 228 43 96th Street 171 43 46 Frederick Douglass Blvd 100 37 62 4037 Broadway 132 82 The Heights on Broadway 171 83 Sherman Plaza 272 85 3875 9th Avenue 614 Total Prospective 1,460 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Manhattan New Construction & Proposed Multifamily Projects 4Q20 44 73 ID PROPERTY UNITS 1 The Smile 233 3 Convivium 140 45 4 Sixty 125 141 4 39 23 26 5 Two Waterline Square 435 Total Lease Up 949 1 74 13 75 10 Sendero Verde Phase II 361 22 24 13 One East Harlem 404 25 Total Under Construction 765 49 22 15 West 118th Street 51 38 23 1971 Madison Avenue 93 10 24 72 East 120th Street 218 77 25 77 East 118th Street 202 47 26 East 127th Street 152 38 La Hermosa Tower 160 39 2031-2033 5th Avenue 240 Total Planned 1,116 48 44 58 West 135th Street 100 45 64-74 West 125th Street 200 47 1987-1991 3rd Avenue 59 76 48 1988-1996 2nd Avenue 185 49 248 East 120th Street 86 50 308 East 86th Street 68 78 52 Lenox Hill Hospital 200 73 Lenox Terrace Phase II 1,642 74 1800 Park Avenue 670 50 75 2460 2nd Avenue 730 3 76 321 East 96th Street 1,100 77 East River Plaza 1,100 52 5 78 Holmes Towers NextGen Development 339 Total Prospective 6,479 1000 ft Source: Yardi Matrix LEGEND
  • Download the 2019 Map & Guide

    Download the 2019 Map & Guide

    ARCHITECTURAL AND CULTURAL Map &Guide FRIENDS of the Upper East Side Historic Districts Architectural and Cultural Map and Guide Founded in 1982, FRIENDS of the Upper East Side Historic Districts is an independent, not-for-profit membership organization dedicated to preserving the architectural legacy, livability, and sense of place of the Upper East Side by monitoring and protecting its seven Historic Districts, 131 Individual Landmarks, and myriad significant buildings. Walk with FRIENDS as we tour some of the cultural and architectural sites that make the Upper East Side such a distinctive place. From elegant apartment houses and mansions to more modest brownstones and early 20th-century immigrant communities, the Upper East Side boasts a rich history and a wonderfully varied built legacy. With this guide in hand, immerse yourself in the history and architecture of this special corner of New York City. We hope you become just as enchanted by it as we are. FRIENDS’ illustrated Architectural and Cultural Map and Guide includes a full listing of all of the Upper East Side’s 131 Individual Landmarks. You can find the location of these architectural gems by going to the map on pages 2-3 of the guide and referring to the numbered green squares. In the second section of the guide, we will take you through the history and development of the Upper East Side’s seven Historic Districts, and the not landmarked, though culturally and architecturally significant neighborhood of Yorkville. FRIENDS has selected representative sites that we feel exemplify each district’s unique history and character. Each of the districts has its own color-coded map with easy-to-read points that can be used to find your own favorite site, or as a self-guided walking tour the next time you find yourself out strolling on the Upper East Side.
  • Property Name: 79-89 Avenue D Program Description

    Property Name: 79-89 Avenue D Program Description

    Name: Avenue D Address: 79-89 Avenue D, Manhattan Asset Description: Property name: 79-89 Avenue D Program Description: 80/20 New Construction Rental Property Address: 79-89 Avenue D between 6th and 7th Street Block and Lot: 376/33 Neighborhood: East Village Parcel Size: 13,395 Zoning: R8A/C1-5 ZSF: 96,038 Proposed Height: 12 Stories Proposed Use: 80/20 Residential with ground floor retail space Existing Use: One story commercial property occupied with a Rite Aid Proposed Units: 108 Market Rate Units: 86 Units (1 Superintendent) Affordable Units: 22 Units Commercial Space: 7,868 square feet (+5,964 SF below grade storage) Project Description: 79-89 Avenue D (between 6th Street and 7th Street) will soon be home to a 108-unit 80/20 inclusionary rental building. Anticipated to break ground in Q3 2015, the building will rise to 12 stories with nearly 8,000 SF of commercial on the ground floor. The unit mix will consist of approximately 31.5% 1BR, 29% 2BR apartments, 36% studios and 3.5% 3BR apartments. 20% of the units will be affordable to individuals and families earning at or below 80% of AMI. Amenities are anticipated to include a roof terrace, fitness center, and community room/internet lounge. The demand for both market rate rental housing and especially affordable housing throughout New York City and in the immediate East Village neighborhood has been extremely strong over the past year. Over the past decade, rental housing along Avenue A, B, and C has done very well. Seventh Street is one of the neighborhood’s picturesque streets and property along it is in high demand.
  • Manhattan Year BA-NY H&R Original Purchaser Sold Address(Es)

    Manhattan Year BA-NY H&R Original Purchaser Sold Address(Es)

    Manhattan Year BA-NY H&R Original Purchaser Sold Address(es) Location Remains UN Plaza Hotel (Park Hyatt) 1981 1 UN Plaza Manhattan N Reader's Digest 1981 28 West 23rd Street Manhattan Y NYC Dept of General Services 1981 NYC West Manhattan * Summit Hotel 1981 51 & LEX Manhattan N Schieffelin and Company 1981 2 Park Avenue Manhattan Y Ernst and Company 1981 1 Battery Park Plaza Manhattan Y Reeves Brothers, Inc. 1981 104 W 40th Street Manhattan Y Alpine Hotel 1981 NYC West Manhattan * Care 1982 660 1st Ave. Manhattan Y Brooks Brothers 1982 1120 Ave of Amer. Manhattan Y Care 1982 660 1st Ave. Manhattan Y Sanwa Bank 1982 220 Park Avenue Manhattan Y City Miday Club 1982 140 Broadway Manhattan Y Royal Business Machines 1982 Manhattan Manhattan * Billboard Publications 1982 1515 Broadway Manhattan Y U.N. Development Program 1982 1 United Nations Plaza Manhattan N Population Council 1982 1 Dag Hammarskjold Plaza Manhattan Y Park Lane Hotel 1983 36 Central Park South Manhattan Y U.S. Trust Company 1983 770 Broadway Manhattan Y Ford Foundation 1983 320 43rd Street Manhattan Y The Shoreham 1983 33 W 52nd Street Manhattan Y MacMillen & Co 1983 Manhattan Manhattan * Solomon R Gugenheim 1983 1071 5th Avenue Manhattan * Museum American Bell (ATTIS) 1983 1 Penn Plaza, 2nd Floor Manhattan Y NYC Office of Prosecution 1983 80 Center Street, 6th Floor Manhattan Y Mc Hugh, Leonard & O'Connor 1983 Manhattan Manhattan * Keene Corporation 1983 757 3rd Avenue Manhattan Y Melhado, Flynn & Assocs. 1983 530 5th Avenue Manhattan Y Argentine Consulate 1983 12 W 56th Street Manhattan Y Carol Management 1983 122 E42nd St Manhattan Y Chemical Bank 1983 277 Park Avenue, 2nd Floor Manhattan Y Merrill Lynch 1983 55 Water Street, Floors 36 & 37 Manhattan Y WNET Channel 13 1983 356 W 58th Street Manhattan Y Hotel President (Best Western) 1983 234 W 48th Street Manhattan Y First Boston Corp 1983 5 World Trade Center Manhattan Y Ruffa & Hanover, P.C.

  • A Guide to Local Shops

    A GUIDE TO EAST VILLAGE LOCAL SHOPS EIGHTH EDITION CAFÉS, ETC. 1 – 56 SHOP LOCAL! BAKERY / CAFE / CANDY & CHOCOLATE / EGG CREAM / ICE CREAM / JUICE BAR / TEA SHOP When you spend your money locally, you... • ENSURE economic diversity and stability • KEEP more of your money in your community FASHION 57 – 163 • CREATE local jobs with fair living wages ACCESSORIES / BRIDAL & FORMAL / CHILDREN’S / CLOTHING • SUSTAIN small business owners / HATS / HOME ACCESSORIES & FURNITURE / JEWELRY / • STRENGTHEN the local economy LEATHER WORK / SHOES / VINTAGE, THRIFT, CONSIGNMENT • DEFEND our neighborhood’s identity and creativity GALLERIES 164 – 175 Get Local! is an initiative of the East Village Community Coalition to help build long-lasting communities that keep our neighborhood unique, independent, and sustainable. GIFTS, ETC. 176 – 193 FLORIST / GIFTS / POTTERY / RELIGIOUS GOODS / TOYS ABOUT EVCC We work to recognize, sustain, and support the architectural HEALTH & BEAUTY 194 – 310 and cultural character of the East Village. BARBER SHOP / CUSTOM PERFUME / DENTAL & MEDICAL EVCC MEMBERS CARE / HAIR SALON / HAIR SUPPLY / OPTICIANS & EYEWEAR / •Advocate for the preservation of local historic resources PHARMACY / SPA / TATTOOS & BODY PIERCING / and significant architecture YOGA, PILATES & FITNESS •Promote Formula Retail regulations to protect small busi- nesses and maintain our diversified, livable neighborhood CULTURE, MUSIC, •Publish the Get Local! Guide to encourage shoppers to & ENTERTAINMENT 311 – 357 support diverse, locally-owned retail AUDIO EQUIPMENT / BOOKS / COMIC BOOKS / CONCERT JOIN US! If you feel as passionately as we do about & EVENT PROMOTION / CULTURAL & ARTS VENUES / FILM / local community in the East Village, join the cause: INSTRUMENTS / NEWSPAPERS & MAGAZINES / POETRY CLUB / RECORDS / VIDEO GAMES / VIDEO RENTAL Become a member Visit evccnyc.org to join.
  • “It's Not What You Know, It's Who You Know.”

    “It's Not What You Know, It's Who You Know.”

    ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS Restaurants, Conference Centers Venues and Catering New York Area Hotels Florists Results Address: 583 Park Ave, New York, NY 10065 “It’s not what Past success is often a good indicator of future success, but Phone: (212) 583-7200 keep in mind, success comes in many forms such as rave Email: [email protected] reviews, savings on budget, flawless execution, or a myriad Website: www.583parkave.com you know, it’s of other key performance indicators. Pick the ones that are most important to you and asses their success ratio. AMA New York Executive Conference Center Affordable meeting packages. Meeting rooms can who you know.” Remember, for long-term resources it’s always a good accommodate over 200 attendees. Executive chairs. High- idea to refresh and reassess every two years! speed Internet access. Complimentary Wi-Fi in lounges. Complimentary continuous beverage service. Optional catering. owhere is the phrase truer than in corporate No service charges and no guest room commitment required. event planning. The success of your event is Free projector and PC use. Noften the direct result of a carefully orchestrated CONFERENCE CENTERS Address: 1601 Broadway at 48th Street, dance among a handful of select providers. However, New York, NY 10019 assembling a team of reliable event vendors does not 92nd Street Y Contact: Valerie Mazzilli-Brown happen overnight. Your dream team should be curated Give your special event the extraordinary and versatile venue Phone: (212) 903-8277 over many years. A good rule of thumb to use when it deserves at 92nd Street Y.
  • F. Vehicular Traffic

    F. Vehicular Traffic

    Chapter 9: Transportation (Vehicular Traffic) F. VEHICULAR TRAFFIC EXISTING CONDITIONS STREET AND ROADWAY NETWORK Traffic conditions in the study area vary in relation to a number of factors—the nature of the street and roadway network, surrounding land uses and the presence of major traffic generators, and the intensity of interaction between autos, taxis, trucks, buses, deliveries, and pedestrians. The study area contains five subareas, or zones—Lower Manhattan, the Lower East Side, East Midtown, the Upper East Side, and East Harlem—and each has different street and roadway characteristics along its length. East Midtown, the Upper East Side, and East Harlem are characterized by a regular street grid, with avenues running north-south and streets running east- west. Each of the major north-south avenues—First, Second, Third, Lexington, Park, Madison, and Fifth Avenues—are major traffic carriers. There is just one limited-access roadway, the FDR Drive, which extends around the eastern edge of the study area from its northern end to its southern end. A general overview of the character of the street and roadway network in each of the five zones is presented below. Lower Manhattan is characterized by an irregular grid pattern south of Canal Street. Except for a few major arterials, most streets within the area are narrow with usually just one "moving" lane. Travel is time-consuming and slow along them. Pedestrian traffic often overflows into the street space, further impeding vehicular traffic flow. Water Street and Broadway are the two key north-south streets in this area, and carry two or more effective travel lanes, yet are often difficult to negotiate due to frequent double-parked truck traffic.
  • C 080397A Zmm: East Village/Lower East

    C 080397A Zmm: East Village/Lower East

    CITY PLANNING COMMISSION October 7, 2008 / Calendar No. 22 C 080397(A) ZMM IN THE MATTER OF an application submitted by the Department of City Planning pursuant to Sections 197-c and 201 of the New York City Charter and proposed for modification pursuant to Section 2-06(c)(1) of the Uniform Land Use Review Procedure, for an amendment of the Zoning Map, Section No. 12c: 1) changing from an R7-2 District to an R7A District property bounded by: a) East 13th Street, a line 100 feet easterly of Second Avenue, East 7th Street, and a line 100 feet westerly of Second Avenue; b) East 13th Street, a line 100 feet easterly of First Avenue, East 6th Street, First Avenue, East 2nd Street, a line 100 feet easterly of First Avenue, East Houston Street, and a line 100 feet westerly of First Avenue; c) East 13th Street, a line 100 feet easterly of Avenue A, the northerly, westerly and southerly boundary line of Tompkins Square Park, a line 100 feet easterly of Avenue A, a line 100 feet southerly of East 2nd Street, a line 100 feet westerly of Avenue A, East 4th Street, Avenue A, the westerly centerline prolongation of East 5th Street, and a line 100 feet westerly of Avenue A; d) East 13th Street, a line 100 feet easterly of Avenue B, East 2nd Street, Avenue B, a line 100 feet southerly of East 2nd Street, a line 100 feet westerly of Avenue B, the southerly, easterly and northerly boundary line of Tompkins Square Park, and a line 100 feet westerly of Avenue B; e) East 12th Street, Avenue C – Loisaida Avenue, East 10th Street, a line 100 feet easterly of
  • 2252 THIRD AVENUE 50’ WIDE DEVELOPMENT SITE: ~ 51,000 BSF Within the New East Harlem Rezoning 2252 THIRD AVENUE - PROPERTY FEATURES

    2252 THIRD AVENUE 50’ WIDE DEVELOPMENT SITE: ~ 51,000 BSF Within the New East Harlem Rezoning 2252 THIRD AVENUE - PROPERTY FEATURES

    EXISTING STRUCTURE 2252 THIRD AVENUE 50’ WIDE DEVELOPMENT SITE: ~ 51,000 BSF Within The New East Harlem Rezoning 2252 THIRD AVENUE - PROPERTY FEATURES ASKING PRICE: $12,000,000 PPBSF: $236 Property Features: Location: West side of Third Avenue between East 122nd & East 123rd Streets Block & Lot: 1771 - 36 Lot Dimensions: 50.92' x 100' Lot Size: 5,092 sq ft (approx.) Zoning: R10 / C4-6 Residential FAR: 10.0 (Wide Street) Total Residential Buildable SF: 50,920 sq ft (approx.) Max Buildable Height: 235 ft Mandatory Inclusionary 20% or 25% of residential FAR Housing Requirement*: Existing Building Dimensions: 50.92' x 100' Existing Building SF: 14,500 sq ft (approx.) Available Air Rights: 36,420 sq ft (approx.) Assessment (17/18): $549,990 Taxes (17/18): $58,156 *For more information please visit page 7 Tax Map East 123rd Street 100’ Lot 39 Third Avenue Third Lot 38 Lexington Avenue Lexington Lot 33 100’ East 122nd Street Three connecting lots with potential for air rights transfer 2 PROPERTY OVERVIEW Property Overview 2252 Third Avenue is a 50’ wide residential development site with a commercial overlay located in the newly rezoned section of East Harlem. The site is located just two blocks south of 125th Street along the west side of 3rd Avenue and offers future development of just under 51,000 buildable square feet. Newly upzoned from a 4.0 FAR with a 85 foot maximum building height to a 10.0 FAR with a 235 foot maximum building height. 2252 3rd Avenue offers tremendous assemblage and development opportunities. Current Use The site is currently a three-story plus basement structure that is built full in its entirety on the 100 foot deep lot.