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Public Testimony

Wallace announces agreement in principle with Fontaine and retail preservation efforts

New York City Council · Oct 6, 2026 · starts 0:51:32 · 52 sec

Wallace says Benenson has listened to the community, is close to a documented agreement with the Fontaine neighbors, and will discuss preserving retail tenants and labor union support.

Member of the Public - Ed Wallace

We have communicated with Council Member Lynn Shulman from early ULERP days.

Member of the Public - Ed Wallace

We have listened to the community, and I'm pleased to preview that we have.

Member of the Public - Ed Wallace

I don't want to overstate.

Member of the Public - Ed Wallace

We are very close to an agreement.

Member of the Public - Ed Wallace

We have an agreement in principle, and we think we'll have a documented agreement with the neighbors at the Fontaine.

Member of the Public - Ed Wallace

They're here today.

Member of the Public - Ed Wallace

They can speak for themselves, and I don't want to put words in their mouth.

Member of the Public - Ed Wallace

But thanks candidly to their good counsel, both the land use lawyer and another former member of the council, Dominic Rechia.

Member of the Public - Ed Wallace

We've had a very open line of communication, and I think that has served everybody well.

Member of the Public - Ed Wallace

Finally, you're going to hear more about our response to community concerns, including efforts to preserve the current retail uses.

Member of the Public - Ed Wallace

Stay together post-development with those tenants, as well as labor unions who are here to testify as well.

Member of the Public - Ed Wallace

With that, I'm going to turn it over to Rachel Loeb.