FINANCIAL_SERVICESPENDING

Council reviews Penn South property tax exemption agreement

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.

Status
PENDING
Document date
January 29, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Penn South
Agency
Administration for Children's Services (ACS) · NY

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Described as a Tenth Amendatory Agreement extending or modifying an existing real property tax exemption arrangement under the Private Housing Finance Law.
Document type
Agenda
Source document
New York City Council Committee on Finance Agenda January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Administration for Children's Services (ACS)?

Penn South was awarded this financial services contract by Administration for Children's Services (ACS), as recorded on January 29, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in New York City Council Committee on Finance Agenda January 2026 (Agenda), dated January 29, 2026 from Administration for Children's Services (ACS). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Penn South hold?

Penn South may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Penn South's profile

What is Administration for Children's Services (ACS) currently buying?

Explore Administration for Children's Services (ACS)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Administration for Children's Services (ACS)'s profile

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