FINANCIAL_SERVICESPENDING

Council Considers Tenth Tax Exemption Agreement With Penn South

The New York City Council is considering Resolution 0034-2026 to approve a Tenth Amendatory Agreement with Penn South that would continue a real property tax exemption for multiple residential blocks in Manhattan under state housing finance law. The measure is preconsidered and placed on the general orders calendar for upcoming Council action.

Status
PENDING
Document date
January 29, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Penn South
Agency
City of New York · NY

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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
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" continuing or modifying an existing tax exemption arrangement between the City and Penn South; detailed renewal dates or durations are not specified in the agenda.
Document type
Agenda
Source document
New York City Council Agenda 2026-01-29

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of New York?

Penn South was awarded this financial services contract by City of New York, 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 Agenda 2026-01-29 (Agenda), dated January 29, 2026 from City of New York. 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.

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