Committee on Finance · Wednesday, May 20, 2026 · 3m
The one where the finance chair asks 'am I supposed to gavel in, technically?', then clears five money items with zero r
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items
6
approved
5
land-use items
3
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Finance Chair Linda Lee opened by half-joking she wasn't sure she was 'supposed to gavel in, technically,' then ran a tight consent session. She moved two resolutions she sponsored herself, a transparency measure on funding designations and the early-payment real-estate-tax discount rate, plus three Article 5 property-tax exemptions for developments in three council members' districts: Malcolm X Phase A in Salaam's, 310 East 4th Street in Epstein's, and 655 New York Avenue in Joseph's. She asked if anyone had remarks; no one did. Clerk William Martin called the roll, and every item was approve
From the room
“a pre considered transparency resolution sponsored by myself to approve the new”
— Linda Lee
“discount percentage for early payment of real estate taxes be set at 1 half of 1%”
— Linda Lee
a pre considered transparency resolution sponsored by myself to approv
“a resolution to establish that the discount percentage for early payment”
— Linda Lee
01
The decisions
5
01Res 0479-2026RES 0479-2026Approved
Resolution approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget
Approved this pre-considered transparency resolution en bloc, 10-0-0, signing off on new and revised designations of organizations set to receive expense-budget funding.
Resolution to establish that the discount percentage for early payment of real estate taxes be set at one-half of one percent per annum for Fiscal Year 2027
Approved en bloc by a 10-0-0 vote, the resolution locks in a 0.5% per annum discount for early payment of real estate taxes in Fiscal Year 2027.
Every parcel, owner, and applicant in this meeting, cross-referenced against Zonable’s NYC ownership, enforcement & legislative graph — the record behind the record.
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Owner portfolios, open OATH/ECB violations, 311 & DOB permits across every parcel discussed, developer track records, and an “ask this meeting” chat. For this meeting: 453 oath/ecb hearings across the 2 sites discussed.