OTHERPENDING

Council weighs Tenth Amendatory Agreement with Penn South

The New York City Council Committee on Finance is considering a preconsidered resolution to approve a Tenth Amendatory Agreement with Penn South that would continue or modify real property tax exemptions for several Manhattan properties under the Private Housing Finance Law. The action would formalize tax benefits tied to the cooperative housing development's affordability and financing structure.

Status
PENDING
Document date
January 29, 2026
Contract type
OTHER
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
OTHER
Renewal
Described as a proposed Tenth Amendatory Agreement, indicating there have been nine prior amendments to this tax exemption arrangement between the City and Penn South.
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 government contract by City of New York?

Penn South was awarded this government contract by City of New York, as recorded on January 29, 2026.

What type of contract is this?

This is a government 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 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.

View Penn South's profile

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