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Agency Testimony

Richard Lobel summarizes project rationale and benefits

New York City Council · Jul 1, 2026 · starts 0:14:40 · 1 min 25 sec

Lobel summarizes that the site is currently underutilized parking and overgrown space, surrounded by buildings of equivalent height and density, with amenities and transit supporting residential growth. He emphasizes the dire need for affordable housing and the delivery of over 400 units of low and extremely low income housing.

Richard Lobel

And just to summarize, so thank you, Mark and Van.

Richard Lobel

Given the site, the location amidst buildings of equivalent height and density, the fact that much of the site which would be built upon is currently used either for parking, which is underutilized, or is

Richard Lobel

overgrown space, the fact that this area has amenities and can support additional residential growth, and

Richard Lobel

in light of the dire need for affordable housing in the area, We're happy to bring this project with literally over 400 units of low and extremely low affordable income housing to the council.

Richard Lobel

And with that, we're happy to answer any questions.

Farah N. Louis

Thank you.

Farah N. Louis

We've been joined by Councilmember Santos also.

Farah N. Louis

Oh, and Councilmember Farias.

Farah N. Louis

So Councilmember Santos also, if you want to provide remarks and ask questions.

Farah N. Louis

One moment, dear.

Farah N. Louis

Let me just gather something.

Farah N. Louis

There you go.

Farah N. Louis

Councilmember, can you hear us?