New York City Council Committee on Finance Agenda January 2026
Council reviews Penn South property tax exemption agreement
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Description
The NYC Council Committee on Finance will consider a proposed Tenth Amendatory Agreement with Penn South to continue an exemption from real property taxes for multiple housing properties in Manhattan under the Private Housing Finance Law. The agenda item does not specify the financial amount or duration of the exemption.
Contract Details
Vendor
PENN SOUTH
Agency
Administration for Children's Services (ACS), NY
Contract Type
FINANCIAL_SERVICES
Document Date
January 29, 2026
Renewal Info
Described as a Tenth Amendatory Agreement extending or modifying an existing real property tax exemption arrangement under the Private Housing Finance Law.
Issuing Agency
Administration for Children's Services (ACS)
Mayoral Agency
New York, NY
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