Professional Documents
Culture Documents
To: Been, Vicki (HPD); Glen, Alicia; AICP Eric Enderlin (enderlie@hpd.nyc.gov); Patchett, James
Subject: policy recs.docx
Date: Thursday, March 20, 2014 1:29:58 PM
Attachments: policy recs.docx
As promised here is a compilation of many peoples opinions from the city hall meeting. Ive tried
to streamline where possibl---no easy feat! Let me know if questions.
TO: Deputy Mayor Glen and Commissioner Been
Thank you for the opportunity to meet with you and your teams to review concerns and suggestions to
help ensure that the Mayors housing plan to produce and preserve 200,000 affordable units is a
resounding success. On behalf of the many firms that were represented, we have attempted to compile
recommendations and suggestions along the broad outlines of our discussion, and have included both
broad and specific ideas. We look forward to a continued dialogue and more importantly, getting to
work!
As we know that you are likely in receipt of many policy and position papers, the information is
presented as a Top Ten Things to Help Spur Affordable Housing Production, with further detail as
warranted and as noted.
1. Prioritize Resources to support policy objectives; developers will follow clear priorities (see
1a-c).
2. Provide clarity of purpose/priorities in term sheets to develop a predictability in pipeline
(see 2l)
3. Align tax policy and legislation with policy objectives (see 1e-h).
4. Consider forming a working group composed of industry and agency reps to collectively
work on program improvements, cost containment measures, operational issues, etc.
Many people will gladly come to the table with good insight and this will help assure that
new programs and policies will have industry buy-in
5. For the potential of inclusionary housing to be fully realized, significant overhaul in terms of
process, incentives and execution are necessary (see 2a-l)
6. Consider lead agency underwriting for various deals rather than have HDC and HPD both
underwriting.
7. Develop a better process with OMB (perhaps OMB only underwrites termsheet exceptions)
(see3a-d)
8. Reevaluate legal departments role in balancing risk management and supporting program
goals (see 3m)
9. Reform BLDs process to relieve overburdened staff (see 2j, 3m).
10. Think boldly about revenue creation for affordable housing and creatively about structuring
scarce government subsidies (see 4f, 5a-c)
Housing Recommendations
Deputy Mayor Glen and Commissioner Been Page 2 of 8
1. PROGRAMMATIC/POLICY RECOMMENDATIONS
a. Use QAP scoring, low land cost and other mechanisms (ie published priorities in term
sheets) to target resources to priority neighborhoods, populations (e.g. senior) etc.
b. Consider upzoning economically distressed neighborhoods to make development more
feasible, and to create enough density to support local retail.
c. Work with City Planning to reduce or eliminate parking requirements in affordable housing
developments. Costly to build and often underutilized.
d. Underutilized city land Try to break down the fiefdoms that various agencies have and
use land in ways that clearly support policy objectives, affordable housing production or
others. Similarly, dont allow one agencys affordable housing subsidies to become
anothers revenue, but rather use the land as a strategic resource to fulfill the Mayors
agenda. One of the biggest impediments to permanent affordability is the term of the tax
abatement. In purely affordable buildings the imposition of full taxes at the end of the
abatement will be a real strain on building operations.
e. Consider whether there is a way to make Article II more as of right in projects that have
permanent affordability. The discretionary nature of Article II makes for difficult housing
policy discussions (likely requires legislative changes but with a Mayor and a Council whose
priorities are aligned, it might be possible).
Similarly, explore whether 420 c eligibility could be expanded for households up to 100%
AMI, where the average is 80%. This would allow a broader income mix in a given building.
Example: 421a- In its current form the abatement allows the 20% affordable
component to reach 90% where a project has "substantial government assistance".
Have HDC lend corp reserves just during construction behind rate financing that
qualifies a project for 421 a with units affordable at 90%.
This will generate mid income units that get neglected because of IRC, have short
term and limited subsidy needs, higher income will help the actual project and
program would target an income band that gets lost in the shuffle. Also this could
be set up very quickly as all legislation is in place.
f. Explore extending tax abatements / creating long-term shelter rents for buildings where
owners voluntarily agree to increased affordability through adding middle income units
and/or agreeing to permanent affordability on existing units
2. INCLUSIONARY HOUSING:
a. Department needs more staffing and clearer direction (see above in operational). Process is
a disincentive to developers.
Housing Recommendations
Deputy Mayor Glen and Commissioner Been Page 3 of 8
b. Request more transparency or city map showing which neighborhoods and block/lots have
inclusionary bonuses
c. Too easy to opt out of affordable housing when building a market rate development and
then the affordable housing is lost
d. First of all overhaul of program to a more dynamic and broader tool. Make bonus and
districts more uniform and link the bonuses to tiers (number of affordable units in a building
of and income levels of said units). Remove the permanent affordability and make that an
opt in for a bonus and tie term of affordability term to zoning bonus.
e. Consider the formation of a working group (mix of zoning professionals developers and
government) to revamp the program and make it both user friendly and creative.
f. There are different issues for on-site inclusionary projects and off-site inclusionary projects.
HPD needs to understand and be sensitive to the differences.
g. The inclusionary units feels that because they are getting record numbers of applications
that the program currently works well. They regularly claim that their requirements have
not been obstacles for other developers/projects. What they are seemingly unaware of is
how many projects are not taking advantage of the program, forever losing the opportunity
to generate affordable housing from those buildings.
h. Immediately amend the zoning resolution accordingly if required to eliminate CEQR review.
i. Consider eliminating BLDS plan review other than to confirm zoning compliance. The reason
that minimum square footages for the different unit sizes were added to the zoning
resolution for the inclusionary program was to provide a simple standard for administering
the program. For 100% affordable projects where the inclusionary floor area equals the
zoning floor area, it would be simple for all of the review to be done by DOB or a minimal
review could be done by HPD.
j. Provide clarification on the ability to develop senior housing under the inclusionary housing
program.
k. Need to develop a clear policy on when providing/allowing subsidies and what types,
including when 421-a is involved, so developers can plan and move projects into the
pipeline.
The timing of when HPD will issue a written agreement/regulatory agreement is a significant
obstacle to off-site inclusionary projects and causes delays in all projects.
Off-site projects (generally serving buildings outside of the GEA and buildings in the GEA where
developers are still buying 421-a certs or paying real estate taxes) need to be able to market
their inclusionary and issue DOB letters in advance of closing on their financing or they can
never close.
In addition, for on-site projects, having the DOB letter in advance helps get through the DOB
approval process, start the DOB challenge period, and enables construction to start in advance
Housing Recommendations
Deputy Mayor Glen and Commissioner Been Page 4 of 8
of financing closing, etc. Developers regularly start construction with their own equity prior to
financing closing.
It takes time once a DOB letter is issued to get DOB plan approval, get DOB permits and then
mobilize to start construction. And the public challenge period does not start until zoning
approval is secured. It can take up to a month to get a plan examiner currently in the Borough
offices and can take several weeks in the Hub.
The inclusionary housing program was set up to allow the regulatory agreement to be issued in
advance and establishes a mechanism so all of the risk is with the market developers. This
worked fine for many years. Why was this changed? With the timing issues of the inclusionary
program already being difficult enough, this relatively new refusal to issue regulatory
agreements until closing presents substantial problems.
HPDs new requirement that all inclusionary projects go through CEQR review has added
significant delays to projects, has caused backlogs and has caused developers to forgo the
program. This was never the intent of the zoning resolution and HPD should stop requiring this.
If HPD cannot reconsider this requirement without changing the zoning resolution, the zoning
resolution should be changed. If this standard were applied consistently, every building permit
in the City would be subject to CEQR review.
For 100% affordable projects that are also using bonus on-site, there needs to be a rational
method for issuing the inclusionary housing certificate. And it should follow the procedure in the
zoning resolution.
How much underwriting review is needed, if any, when other government agencies are
financing the project and have completed underwriting review? Why cant HPD defer to HDC,
HCR etc. when they are financing and not HPD?
The zoning resolution provides for HPD to approve the administering agent which in 100%
affordable projects tends to be the developer/owner. Why is HPD doing sponsor review on the
owners in primarily market rate deals in addition to the administering agent?
3. OPERATIONAL
a. Establish a better working relationship with OMB to provide predictability for HPDs
pipeline.
b. OMB cannot re-underwrite HPD deals. Must play a reduced role especially at construction
conversion when new City Capital funds are coming in at conversion. If something was
underwritten up front there should be no opportunity to retrade.
c. Average OMB delays on conversions cost projects ~ $15,000 per week for every $10MM in
Bonds outstanding
d. OMB, HPD, HDC underwrite every deal, as well as a private debt and equity provider. There
is no need to have OMB complete another lengthy review costing the project tens of
thousands of dollars with no clear path towards closing or conversion CPs need to be
issued more frequently than once a week
Housing Recommendations
Deputy Mayor Glen and Commissioner Been Page 5 of 8
e. Reso A funds awarded should be allowed to use the funds in the permanent phase only and
not mandated to use them in construction (OMB has taken the position that if the funds
arent needed by construction closing then they arent needed for the job).
f. Tax-Exemption departments at HPD needs more staffing. Permanent certificates can take
up to 3 months to receive and recently have led to numerous 100% low income
developments being placed on the tax lien sale list.
Suggest creating a temporary 420-c issued by HPD at construction loan closing that
can also be sent to DOF to avoid the punitive consequences of tax liens.
There needs to be an online application process with a checklist (like DOB) so that
421a/420c abatements get processed faster and on a more uniform basis. First off
the initial application should trigger a notice to DOF so that bills and liens don't pile
up on affordable jobs. There should be a link to DOF so when you look up your site
there should be status of "Abatement Filed".
g. DOB/DEP/OER- Same concept of DOF. All the relevant agencies should be linked in to
understand that a project is affordable and has different budget and schedule constraints
then a market rate project does. It should be coded on all the applications.
h. HPD has too many points of contact. There are Project Managers in Underwriting, Tax
Credits, Tax Exemption and Conversion. In many cases, each Project Manager does not
communicate well with the others and something usually fall through the cracks.
Suggest re-structuring Development so that the Underwriting staff are the single
point of contact throughout the construction loan and conversion process.
i. Multiple Building developments (up to a certain number, say 4) should have one DOB
Inspector for TCO.
j. HPD/HDC must adapt subsidy programs to changing market conditions. Hard Costs have
risen 20% in the last 2 years yet the subsidies remain the same.
k. Automate not only the lottery process but also the file processing with a computerized
system. Documents should be uploaded and it should be clear when a file is complete.
Open centers to help applicants organize themselves for the lottery process
Allow third parties (e.g. Spectrum) to validate applications rather than relying on an
overburdened marketing department at HPD / HDC or significantly expand the size
of the department.
Consider creating a technology working group of HPD and marketing agents to try to
reduce time it takes to approve an applicant.
2. Examine HPDs design guidelines and consider streamlining. Currently, BLDS Design
Guidelines result in affordable apartments being larger than most market rate units.
Can there be broader paramenters such as minimum size without specifiying things like
linen closets? This would reduce workload on an overburdened staff.
3. Consider some type of expedited review for architect/developers who have
successfully completed at least 5 HPD projects. Perhaps self-certification could be
considered for those architects who are approved by BLDs.
4. End requirement for certificates of completion for City owned land developments
(again, lengthy process, no clear added benefit)
m. Reevaluate legal departments role in balancing risk management and program/ policy
goals. Development staff should be supported and encouraged to make business decisions
without needing to check with legal. Try to have lawyers assigned earlier in a transaction
and ensure that those lawyers are supporting the program people. Conversions are
essential. They should be prioritized with legal as closings are good for the building (interest
carry, L/C fees etc.). These conversions need to be more streamlined and perhaps that
should be thought out in the initial closing documents so conversions do not become so
drawn out of a process.
n. Create liaison within DEP reporting directly to Commissioner (and not DCs) whose
responsibilities include working with developers to expedite various DEP reviews and
approvals. Current process simply not working.
o. Revamp HQS inspections for section 8 units in new buildings. Explore whether the HPD
completion certificate process can suffice---rather than sending out individual inspectors for
individual apartments on a new construction project where HPD has often financed,
supervised and inspected the property throughout its construction, couldnt one building-
wide inspection be done to get people who need housing into apartments sooner?
4. LEGISLATIVE
a. Pursue expanding 420-c eligibility to new buildings with 100% of the units restricted to
households earning 100% AMI or lower such that an average of 80% could get 420 c.
b. Clarify that local retail/CF space can be included in 420c to avoid costly condo creation for
no real purpose.
c. Remove requirement that 420-c application carry a non-profit sponsor
d. Consider Revamping and reintroduce a regulated 421-a certificate program to recognize
that 421a onsite is difficult in small buildings. If this is done, there should be a clearing
house for certificates so that an efficient market can be established (ie. HPD could set the
pricing).
e. Work with the City Council to repeal the LL transparency legislation which adds
bureaucracy with no clear benefit.
f. Support advocates at the federal level to fix the 4% Tax Credit at 4% and not a fraction
thereof (as was done with the 9% credit a few years ago)
Housing Recommendations
Deputy Mayor Glen and Commissioner Been Page 7 of 8
5. RESOURCES
a. Mansion Tax Reform: Consider legislation for increasing city MRT or reforming mansion tax.
If a city mansion tax of 1% on apartments selling for over $5M were instituted and
earmarked for affordable housing. In recent market sales, it appears that more than 20
apartments per week have been selling for more than $5 Million. In an up-market, this
could be a meaningful subsidy source.
b. Explore whether the recently instituted bond issuance tax (State imposed on HDC) could be
waived for all-affordable projects. This could also apply to HFA projects.
c. Consider structuring subsidy sources (HPD and HDC) as accruing or out-of- coverage debt.
This would allow projects to taken on modestly more first mortgage debt, stretching scarce
subsidies further. Longer term sub debt structures could also work to extend affordability
as of right (will ensure that HPD can get the developer to the table).
6. NYCHA
a. Balance the very real need to generate income for NYCHA with needs of communities to
balance income mixes. In this context, explore whether overhoused NYCHA residents can
be given priority in any newly built (affordable) housing on NYCHA land. They may be more
willing to move if they can stay in their neighborhoods
b. The Bloomberg NYCHA Land Lease charged an exorbitant application fee ($25 per unit
proposed). If a new Land Lease RFP is announced, those applicants should not be charged
another fee if they reapply.
c. Pair HHC with NYCHA to reduce underoccupation/overhousing at NYCHA and create new
housing near City hospitals that is built primarily for dual-eligible New Yorkers utilizing
Medicaid.
7. M/WBE PARTICIPATION
a. Help build capacity: Many of these community developers are locally based property
managers who have the specialized experience needed for Preservation Projects. With
excellent tenant relations skills and experience in dealing with occupied distressed
properties, this group can help to achieve the Plan's AH unit goal. HPD should work to
foster relationships so that capacity can be built.
b. NYSAFAH has advocated the creation of an M/WBE guarantee fund and has offered to
fundraise for this. The concept involves creating a balance sheet for an emerging
developer that would allow them to compete on more equal financial footing with more
established developers. The thought would be that this obligation could be released at
completion, allowing it to be recycled for someone else.
Require tenants to pay maximum of what they can actually afford ( designated % of
gross income) or what the regulatory agreement states as required. This change can
be made on all existing buildings upon new leases being signed and doesnt need to
apply only to new projects. The delta of rent collected by owners and whats due
under regulatory agreements can be used to create fund for additional affordable
housing.
Will compel residents who are no longer really middle income to vacate apartments,
thereby allowing truly middle income households access to affordable housing (will
ensure that government assistance is need based vs. place based)
c. Simplify annual income verification: Require income re-certifications each year based simply on
tax returns
d. In the current interest rate environment, why use taxable or even recycled bonds for middle
income. A LIBOR based construction loan with subsidy behind it would be cheaper both on
interest costs but also would remove the cost of issuance.
We hope that this information is useful. Please let us know how we can be helpful. Lisa Gomez can
be reached at (212) 600-2919
From: Glen, Alicia
To: "David Dishy"
Subject: RE: good to see you last night
Date: Thursday, May 08, 2014 3:52:12 PM
Alicia Glen
Deputy Mayor for Housing & Economic Development
aglen@cityhall.nyc.gov
O: 212-788-0120
C: 718-724-3853
1. You rocked. I enjoyed your mega project inheritance homage combined with vision for the
future(challenge is to to see some compelling images focused on communities
neighborhoods families and the visual conveyance of what the new administration is all
about.)
2.
and
3. Not that you need more kibbitzers, well-wishers, or wannahelpers (especially with l+m or
hr&a backgrounds).but your stuff last night got me thinking if in fact there is anything out
there for which I can be helpful (though I doubt there is), happy to on your very long list of
resources/handraisers
Thats it. thanks. see you soon. congrats again. change the world.
_______________________________
David Dishy
President Development and Acquisition
L+M Development Partners
419 Park Avenue South - 18th Floor
New York, NY 10016
Tel. 212.600.2920
Email ddishy@lmdevpartners.com
http://www.lmdevpartners.com
Ron - as we "discussed" the other night, Emma has been working on the LICH issues and might want to
touch base this weekend.
Best, Alicia
From: Glen, Alicia
To: "lgomez@lmdevpartners.com"; Gaul-Stigge, Katy
Subject: Building Skills/Workforce Stuff
Date: Monday, June 09, 2014 2:27:37 PM
Lisa and Katy - c an I get you two together to brainstorm about how the City can help support the
expansion of programs that get difficult to employ folks into construction jobs?
Lisa - I am thinking this is with your NYSAFAH hat, but also if LandM wants to do something specifically,
and/or work w/your partners on Seward Park, that would be great also.
Alicia
From: Lisa Gomez
To: Glen, Alicia
Subject: RE: Department of General Services issue waterfront
Date: Friday, June 13, 2014 5:30:16 PM
Im calling you
Alicia Glen
Deputy Mayor for Housing & Economic Development
aglen@cityhall.nyc.gov
O: 212-788-0120
C: 718-724-3853
I have left carolee and Andrew Kennedy messages. Seems that one of our greenpoint deals isnt
going to make due to a state reverter issue that was just discovered (yes it was already ulurped).
Park tower has asked that I call you but I dont see that this in in city control.
We are trying to get a letter from Andrew Kennedy agreeing not to exercise reverter and to waive
claims for compensation.
Were on a call now and it appears that there is no waiver in the works and that there is formal
quitclaim deed process that could take a few months and involves the state comptroller and the
AG.
Is there really no way for the state to waive its claim in a simple letter and then do the deed clean
up later?
Evening everyone.
I had asked the state team to work on providing the waiver. My understanding that it was moving
through. I will ask to expedite given the timeframe.
Also, I dont anticipate any issue with the Bond Cap request.
Hi Andrew: Weve left you a couple of messages (one from Ron and one from Marian, Johanna and
me) on this issue but thought it would probably be more helpful to have an email with the info. We
appreciate your intercession and we know youve been in touch w/ Carolee Fink of City Hall. As you
may know, a last minute issue has arisen on an affordable housing job that is slated to close by June
30 th . There is a deed restriction and vesting deed dating the the 1940s that requires a waiver by
DGS. Somehow this wasnt picked up until this week, after HPD completed the ulurp and was
prepared to dispose of the development rights for the housing
The time crunch this thus: HDC is about to price bonds and needs to know by the end of the week
if were in or not. The A answer is that we can get this waiver this week. Or, if not, a clear
understanding as to the process and timeline for obtaining it.
This is a JV between L+M and Park Tower and this particular site was part of a larger points of
agreement as part of the earlier rezoning. Anything you can do to help or guidance you can give
is greatly appreciated.
Thanks ,
Lisa
Lisa Gomez
L+M Development Partners
419 Park Avenue South, 18th Floor
New York, NY 10016
(212) 600-2919
cell (917) 620-5334
*************************************
WE WORK FOR THE PEOPLE
Performance * Integrity * Pride
From: Glen, Alicia
To: "lgomez@lmdevpartners.com"
Subject: Re: Greenpoint
Date: Friday, June 13, 2014 7:51:01 PM
Send me the email chain and I will speak to vicki tonight if I can reach her.
Id probably take risk based on the email from Kennedy but I don't think the kleins
are there. May call u in a few.
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
Spoke to Vicki who seems to think there is progress. If something I can weigh in on, let
me know.
On cell
From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
Sent: Friday, June 13, 2014 05:36 PM
To: Glen, Alicia
Subject: FW: Greenpoint
The concern is that the state is willing to write a letter but say that its subject to
consideration meaning PT could swap its piece of land and then be hit by a
compensation claim.
From: Lisa Gomez
Sent: Friday, June 13, 2014 5:29 PM
To: 'Andrew Kennedy'
Cc: mklein@parktowergroup.com
Subject: RE: Greenpoint
The issue is that park tower is trading a piece of its property for this property. It
cannot be in the position of giving something valuable away for free only to be hit
with some consideration required by the state on this one. I know its being worked
on but is there any way to note that ? I know its in there in the subject to credits
portion of your letter. How do we get some comfort around that?
From: Andrew Kennedy [mailto:Andrew.Kennedy@exec.ny.gov]
Sent: Friday, June 13, 2014 5:17 PM
To: Lisa Gomez
Cc: mklein@parktowergroup.com
Subject: Re: Greenpoint
To be clear.
Ogs saw your draft and this reflects there markup based upon state requirements
including OSC and Attorney General approval.
How is this?
Requested letter.
This letter confirms an agreement between the State of New York and the City of New
York that pursuant to the provisions of Title 22, Chapter 1, Section 22-145 of the New
York Administrative Code, the State of New York, acting by and through the
Commissioner of General Services, hereby agrees to grant and convey to the said City
by confirmatory deed, the remaining right, title and interest of the State of New York in
the pier property identified as Block 2472, Lot 32 in the Borough of Brooklyn, Kings
County free and clear of any conditions and restrictions but subject to payment of such
consideration as may be determined by the Commissioner of General Services based
upon certified appraisal(s) and subject to such credits for infrastructure and other
improvements as may be fair and equitable.
*************************************
WE WORK FOR THE PEOPLE
Performance * Integrity * Pride
From: Lisa Gomez
To: Glen, Alicia
Subject: Fwd: Greenpoint
Date: Friday, June 13, 2014 7:53:13 PM
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
Vicki or Gary?
From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
Sent: Friday, June 13, 2014 06:25 PM
To: Enderlin, Eric (HPD); 'jspringer@nychdc.com' <jspringer@nychdc.com>
Cc: Been, Vicki
Subject: RE: Greenpoint
That is the way it should be but how do we get some comfort around it?
and when does that happen? Its not in the control of even the 2nd
floor. The issue is that PT is trading a piece of property with value for
this one. I know were all people of good will , but if the state comes
back and points to its subject to due consideration language what do we
do? We want to close this as much as anyone but if we cant get some
comfort around consideration maybe we have to pass.
Will you all agree that any compensation required by the state would be
deducted from the park contribution ? I believe everyone wants to do
this just trying to structure for the externalities that we dont control
like the the AG or Comptroller.
Nice
Getting there.
Got it. Maybe we add that for consideration "consistent with the
established terms of the agreement between the developer and nyc".
The issue is that park tower is trading a piece of its property for this
property. It cannot be in the position of giving something valuable away
for free only to be hit with some consideration required by the state on
this one. I know its being worked on but is there any way to note that ? I
know its in there in the subject to credits portion of your letter. How do
we get some comfort around that?
From: Andrew Kennedy [mailto:Andrew.Kennedy@exec.ny.gov]
Sent: Friday, June 13, 2014 5:17 PM
To: Lisa Gomez
Cc: mklein@parktowergroup.com
Subject: Re: Greenpoint
To be clear.
Ogs saw your draft and this reflects there markup based upon state
requirements including OSC and Attorney General approval.
How is this?
Requested letter.
This letter confirms an agreement between the State of New York and
the City of New York that pursuant to the provisions of Title 22, Chapter
1, Section 22-145 of the New York Administrative Code, the State of New
York, acting by and through the Commissioner of General Services,
hereby agrees to grant and convey to the said City by confirmatory deed,
the remaining right, title and interest of the State of New York in the pier
property identified as Block 2472, Lot 32 in the Borough of Brooklyn,
Kings County free and clear of any conditions and restrictions but subject
to payment of such consideration as may be determined by the
Commissioner of General Services based upon certified appraisal(s) and
subject to such credits for infrastructure and other improvements as may
be fair and equitable.
*************************************
WE WORK FOR THE PEOPLE
Performance * Integrity * Pride
From: Glen, Alicia
To: "rmoelis@lmdevpartners.com"
Subject: Re: Marcus
Date: Sunday, August 10, 2014 7:00:56 PM
Got it
> On Aug 10, 2014, at 6:43 PM, "Glen, Alicia" <AGlen@cityhall.nyc.gov> wrote:
>
> Don't make yourself nuts. They have other chefs teed up. If he does call u back, then we should
invite him to the food. And culture lunch on tuesday in brooklyn.
> This thing is moving too quickly.
> Ugh
From: Ron Moelis
To: Glen, Alicia
Subject: Re: Marcus
Date: Sunday, August 10, 2014 9:40:32 PM
Ok.
I haven't heard from him yet. He could be out if town.
It looks like you're set for the event anyway. If I hear I'll let you know
Anyone good luck with everything. I'm sure you guts will being home the convention!
> On Aug 10, 2014, at 7:18 PM, "Glen, Alicia" <AGlen@cityhall.nyc.gov> wrote:
>
> If he can do apps or a dessert they would still like it.
>
> ----- Original Message -----
> From: Ron Moelis [mailto:Rmoelis@lmdevpartners.com]
> Sent: Sunday, August 10, 2014 06:49 PM
> To: Glen, Alicia
> Subject: Re: Marcus
>
> Got it
>
> Sent from my iPhone
>
>> On Aug 10, 2014, at 6:43 PM, "Glen, Alicia" <AGlen@cityhall.nyc.gov> wrote:
>>
>> Don't make yourself nuts. They have other chefs teed up. If he does call u back, then we should
invite him to the food. And culture lunch on tuesday in brooklyn.
>> This thing is moving too quickly.
>> Ugh
From: Ron Moelis
To: Glen, Alicia
Cc: Gaul-Stigge, Katy; mtorres-springer@sbs.nyc.gov; Lisa Gomez; Patchett, James; Cindy Moelis
Subject: Re: Workforce and Construction
Date: Tuesday, August 19, 2014 9:16:06 AM
Thanks alicia. This sounds very exciting and consistent with what we are trying to do in the industry.
It's a challenging area and a brainstorming session would be very productive, especially since we are
trying to expand and fine tune some if our initiatives.
I'd like to get something scheduled as soon as possible. Let me know some times that work for you
guys.
> On Aug 18, 2014, at 9:17 PM, "Glen, Alicia" <AGlen@cityhall.nyc.gov> wrote:
>
> I don't doubt you have all met before and discussed various opportunities (and challenges) w/respect
to how we can better connect low income NYers to good jobs in construction, but I want to make sure
you get together early in the Fall to see if there are specific programs that could inform some of the
recommendations being genrated by our Jobs4NYers Task Force.
> Thanks. Alicia
From: Lisa Gomez
To: ewolff@cityhall.nyc.gov; Glen, Alicia
Cc: Patchett, James
Subject: Open Letter to LaBarbera.pdf
Date: Wednesday, September 03, 2014 10:10:25 PM
Attachments: Open Letter to LaBarbera.pdf
ATT00001..txt
Just wanted to give you guys a heads up on this. Journal is publishing this and the response. All
cordial and positive but you never know how things go. Let me know if you want to discuss
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
From: Glen, Alicia
To: "lgomez@lmdevpartners.com"; Wolfe, Emma
Cc: Patchett, James
Subject: Re: Open Letter to LaBarbera.pdf
Date: Wednesday, September 03, 2014 10:13:00 PM
Don't know who the wolff in your email was, but assuming u meant Emma.
Just wanted to give you guys a heads up on this. Journal is publishing this and the response. All
cordial and positive but you never know how things go. Let me know if you want to discuss
From: Ron Moelis
To: Glen, Alicia
Subject: Re: Intor re: potentail space for Northside Center
Date: Wednesday, September 10, 2014 3:33:51 PM
Alicia Glen
Deputy Mayor for Housing & Economic Development
aglen@cityhall.nyc.gov
O: 212-788-0120
C: 718-724-3853
If you scroll to the bottom you'll see inquiry by press on Arverne. Not sure any of
this is relevant but figured I'd pass it on
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
Let me know,
Kelly
Kelly Magee
Marathon Strategies
38 East 29th Street,7th Floor
New York, NY 10016
(212) 390-0520 (office)
(212) 203-3597 (cell)
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
Hi Lisa,
Mark Hertsgaard
mark@markhertsgaard.com
www.markhertsgaard.com
Tel: 415-923-8983
1121 Broderick Street
San Francisco, CA 94115 USA
Keren Ritchie
<image001.png>
<image001.png>
From: Glen, Alicia
To: "rmoelis@lmdevpartners.com"
Subject: Fw: CBC MEDIA ALERT: NYC Housing Commissioner Vicki Been to Discuss Her Priorities for Affordable Housing
at a CBC Breakfast
Date: Tuesday, September 30, 2014 11:12:29 AM
MEDIA ALERT
Kevin R. Medina
C: 646-251-0346
F: 212-868-4745
Citizens Budget Commission | Two Penn Plaza | 2 Penn Plaza, 5th Floor | New York | NY | 10121
From: Glen, Alicia
To: "rmoelis@lmdevpartners.com"
Cc: "Dwolfe@fkks.com"
Subject: Re: Deputy Mayor Alicia Glen Gives Lowline a Vote of Confidence | The Lo-Down : News from the Lower East
Side
Date: Friday, October 10, 2014 7:48:11 AM
It was a pretty interesting event.... Hopefully there are more cool events to come... We're still young
> On Oct 10, 2014, at 7:35 AM, "Glen, Alicia" <AGlen@cityhall.nyc.gov> wrote:
>
> A little memento from the coolest thing the three of us will ever go to!!!
>
> http://www.thelodownny.com/leslog/2014/10/deputy-mayor-alicia-glen-gives-lowline-a-vote-of-
confidence.html
From: L+M Development Partners, Inc.
To: Glen, Alicia
Subject: Arverne View Ceremony and Reception
Date: Tuesday, October 14, 2014 2:33:20 PM
Forward email
L+M Development Partners, Inc. | 419 Park Avenue South, Floor 18 | New York | NY | 10016
From: L+M Development Partners, Inc.
To: Glen, Alicia
Subject: [From Vwall: Suspected SPAM]: REMINDER: Arverne View Ceremony and Reception
Date: Tuesday, October 21, 2014 12:21:57 PM
Forward email
L+M Development Partners, Inc. | 419 Park Avenue South, Floor 18 | New York | NY | 10016
mayor for housing and economic development, is a passionate
advocate for mixed income, vibrant cities - and the conscious
interventions in the market needed to keep them that way.
On the other side of the coin, there are likely to be more run-ins
with housing campaigners, unhappy that the city isnt going
further faster on homes for the lowest income groups. But Glen is
at heart a pragmatist. Shes known, she says, as the queen of
housing production and that means the bottom line is getting
enough new homes.
Curriculum vitae
Age40s
Good.
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
> Ok. Think we are on it, but if not, let me know. How about a drink on the 28th?????
>
> ----- Original Message -----
> From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
> Sent: Thursday, January 15, 2015 09:26 PM
> To: Glen, Alicia
> Subject: Just remembered
>
> It was the transfer tax 420c thing I wanted to talk to you abput. Steve spoke w you I believe I ll call
u to follow up
>
> Lisa Gomez
> L+M Development Partners
> 419 Park Ave South
> NY NY 10016
> 212.600.2919
> 917.620.5334
From: Glen, Alicia
To: "Lisa Gomez"
Subject: RE: new topic
Date: Thursday, January 29, 2015 7:31:49 PM
Can we discuss after SOTC? Short answer is that is both CH and HPD.
A
Alicia Glen
Deputy Mayor for Housing & Economic Development
aglen@cityhall.nyc.gov
O: 212-788-0120
Whos spearheading 421 a strategy? I think NYSFAH could be helpful and wed like to discuss. Not
sure whether this is Vicki (left a message for her today) or CH, and if the latter you all or Emma.
Yep.
Lisa Gomez
L+M Development Partners
419 Park Ave South
NY NY 10016
212.600.2919
917.620.5334
Will know soon, but in SOTC prep - at a level of intensity I didn't expect bc of its focus.
30 police vehicles currently park there. We would be replacing them with structured
parking so it's costly.
If they parked in private lots and paid for spaces it probably would cost about 2500-
3000 per year per space.
They are willing to move their cars but they need a spaces to put them. It in effect
constitutes renting garage space for I cant remember 50-75 cars a month. They
seem to think there are rental spaces in the area so , for example, if it costs $100 per
month to rent a space near there it would be $5,000 to $7.500 per month or under
$100,000 per year. That would be far less costly than having to spend up front $3-5
mill more to build the parking spaces for them on premises.
My figures may be off but I am just trying to give you a sense of what they were
alluding to in subsidy from the city.
Ron, please correct me.
From: Glen, Alicia [mailto:AGlen@cityhall.nyc.gov]
Sent: Friday, March 06, 2015 8:34 AM
To: Alan Patricof
Cc: 'rmoelis@lmdevpartners.com'
Subject: Re: update on Northside
The cops need to rent space?
From: Alan Patricof [mailto:Patricof@greycroft.com]
Sent: Friday, March 06, 2015 08:29 AM
To: Glen, Alicia
Cc: rmoelis@lmdevpartners.com <rmoelis@lmdevpartners.com>
Subject: Re: update on Northside
I think he is referring to dollars of subsidy. They will move but they need to rent space
On Mar 5, 2015, at 7:33 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
How much more CH support does he need if the Mayor said he wanted to
do it?
FYI - he didn't say anything to me.
No
Chief Murtaugh told me that Bratton spoke with the Mayor and
supported our idea but he said it now needs City Halls support to make
it happen.
From: Glen, Alicia [mailto:AGlen@cityhall.nyc.gov]
Sent: Tuesday, March 03, 2015 10:23 PM
To: Alan Patricof
Cc: 'rmoelis@lmdevpartners.com'
Subject: Re: update on Northside
So all is good?
Alicia
Alicia,
I was down at NYPD Headquarters today in connection with a meeting I
sponsored for the venture community on behalf of the NYPD Foundation.
The event was chaired by Bill Bratton and attended by Chief Murtagh who
I had met by phone two weeks ago. Bill asked me to stay around for 5
minutes afterwards to discuss the parking lot situation.
We ended up spending about 15 minutes in his office and we were joined
by Muztagh and Deputy Commissioner Grippi sp???
It was an extremely cordial and constructive meeting where they
explained to me that they wanted to be helpful and had been in touch
with the Housing Authority who owns the plot and had considered various
alternatives for their vehicles. I dont want to put words in their mouth
but I believe they said they had found other locations in the area where
they could lease spaces for the vehicles off the street and seemed willing
to do so but it then became a matter of cost and for this they would need
the administration to see what they were willing to do to be helpful in
the situation.
I believe they are being sincere and that they understand the situation
and want to be helpful and are prepared to do their part. They now need
Housing and City Hall to play some role. ( He brought up that there are I
believe 3 situations similar to the Northside problem. In two of the other
situations the NYPD owned the property and in this case Housing owned
the space.)
The Commissioner said that he meets every Monday with the Mayor but
would not see him next Monday but the Monday after. After their basic
meeting he said they have a sidebar session where each brings up special
matters of interest. He volunteered to bring up the Northside situation on
March 9th and suggested that if someone whispered in the Mayors ear
beforehand it would be helpful to the discussion.
Bottom line , I believe we will need the City to help ameliorate the
situation now as the other parties seem to be willing to be constructively
helpful.
From: Lisa Gomez
To: Glen Alicia
Subject: [From Vwall: Warning UNSCANNABLE Unable to Scan]Fwd: March MAC Meeting
Date: Monday, March 09, 2015 8:03:38 PM
Attachments: SDDA Maps 2-25-15.pdf
ATT00001..htm
Hello,
I received a request for the pdf of the maps that were handed out regarding the SDDA
discussion. Attached are the SDDA maps that were distributed at the MAC meeting last week
so that everyone has this handout. Please let me know if you have any questions.
Thanks,
Bret
Bret Garwood
Senior Vice President Multifamily Programs
www.nyshcr.org<https://urldefense.proofpoint.com/v2/url?u=http-
3A__www.nyshcr.org_&d=BQMFAg&c=7MOdPZrSodk4I94UlCv5AiElGaxFBv01Sp7Zf0b8sOI&r=3r_dcew-
i7wDg4w6FthN8tdK0reIS1RF16lsXR2BH3A&m=FwbWIIzYqeDGPqsV4bsDPe42u4CTJQXP3-
cifJfA5nk&s=0cvuHYqHU0UYERAsTJX-zRUlwwW8RwJtRlAvFgbDHQU&e=>
Follow on Twitter at @NYSHCRonline
-----Original Appointment-----
From: Parries, Nydia (NYSHCR)
Sent: Friday, February 06, 2015 2:36 PM
To: Parries, Nydia (NYSHCR); shochberg@sbchlaw.com; Murphy, Dan (NYSHCR);
daron.tubian@baml.com; lgoodman@norstarus.com; jkelly@nixonpeabody.com;
matthew.bissonette@citi.com; james.angley@bluestoneorg.com;
duncan@omnidevelopment.com; ASoja@firststerling.com; Mdunn@Dunndev.com;
dmagidson@enterprisecommunity.com; syonaty@chwattys.com; Timf@coniferllc.com;
alexandra@nysafah.org; jmilstein@nysafah.org; lgomez@lmdevpartners.com; Zucker, Marian
(NYSHCR); richard.roberts@redstoneequity.com; Garwood, Bret (NYSHCR); Fitzgerald, Sean
(NYSHCR); Flescher, Mark (NYSHCR); Danielle Guzzardo; Phillips, Karen (NYSHCR); Boyd, Gloria
(NYSHCR)
Cc: Patricia Spall
Subject: March MAC Meeting
When: Thursday, March 05, 2015 2:00 PM-4:00 PM (UTC-05:00) Eastern Time (US & Canada).
Where: 641 Lexington Ave, conference room C
<< File: MAC meeting notes 11.12.14.pdf >> << File: MAC Agenda 3.5.15.pdf >>
Can you re-send me the original email re: the issue? Not sure who it went to so if I have it, then I can
push it....
Alicia Glen
Deputy Mayor for Housing & Economic Development
aglen@cityhall.nyc.gov
O: 212-788-0120
-----Original Message-----
From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
Sent: Wednesday, March 18, 2015 9:21 AM
To: Glen, Alicia
Subject: Transfer tax issue
When you and I met we discussed dof and transfer tax I think you said you were going to send a note
to someone at dof. How should we best close the loop from dof to the folks who have the open Issues
pending? Do you foresee them issuing written guidance?
No kidding.
You are right on with this one. Luckily they didn't mention ess a bagel...
http://www.crainsnewyork.com/article/20150410/BLOGS04/150419986/alicia-glen-hints-at-plan-to-preserve-
a-funky-new-york
Deputy Mayor Alicia Glen did not endorse a plan to give small businesses a year reprieve when threatened with
eviction. Photo credit: Buck Ennis
SHARE
Share
Alicia Glen, the city's deputy mayor for housing and economic development, doesn't want to give up the funk.
In a radio interview Friday, Ms. Glen said she supports the idea of protecting "funky" mom-and-pop shops
from high rents and encroaching chain stores, but stopped short of endorsing a proposal to give small
businesses a year-long reprieve if their landlords try to boot them out.
"We do not want to become a city that is bland and uniform," she told WNYC's Brian Lehrer. "We want to be
the cool, funky New York that makes us the greatest city in the country."
Last month, Manhattan Borough President Gale Brewer and City Councilman Robert Cornegy, chair of the
small business committee, unveiled legislation to force landlords and tenants to have "a mandatory, nonbinding
negotiation and mediation period ... with the option of a one-year lease extension with no more than a 15% rent
increase to give business the opportunity to transition to a new space smoothly."
But Ms. Glen told WNYC's Brian Lehrer she had only received Ms. Brewer's proposal "late last week." Asked
if she endorsed the idea, she hedged.
"We're reviewing it," she said. "Over the next couple months, we'll be announcing some initiatives and
working with [Ms. Brewer] to address this problem head on."
New Yorkers have become glumly familiar with stories of long-time businesses succumbing to rising rents and
an unforgiving real estate market. As recent as this week, 44-year-old Pearl River Mart, a New York City
institution, said it would be closing its SoHo department store at the end of the year because it could not afford
the $500,000 monthly rent next year. In 2014 alone, the city bade farewell to classic storefronts like Kim's
Video and Musicin the East Village, Famous Oyster Bar in midtown, Cafe Edison on West 47th
Street, Glasslands in Williamsburg and Rizzolli Bookstore on West 57th Street. In announcing her legislation,
Ms. Brewer cited the closure of Big Nick's Burger and Pizza on the Upper West Side as one that hit
particularly close to home.
Last year, there was a 2.5% increase in the number of national chain stores, a much more significant increase
than the 0.5% gain between 2012 and 2013, according to a recent report by the Center for an Urban Future.
But Ms. Glen acknowledged that sometimes, New Yorkers over-romanticize the city's past.
"If you're a born and bred New Yorker, you tend to re-write history a little bit," she said. "Change is hard. But
change is also great."
So far, Mayor Bill de Blasio has focused more attention on paring down the amount small businesses pay the
city in fines and levies, and less on how to protect iconic businesses from rising rents. Affordable housing has
been his administration's primary crusade, as well as how to build higher and denser without further
exacerbating gentrification. That said, the mayor is not in the "anti-gentrification" camp by a long shot.
Gentrification brings more jobs, amenities, interest and activity and safer streets, said Mr. de Blasio in his State
of the City speech earlier this year. But it also puts pressure on long-time residents and businesses, he admitted.
"In the past, weve been told: sorrytheres nothing you can do about that," he then said. "You can either have
a safe and clean neighborhoodor you can have one you can afford. Not both. Well, as my grandmother might
say, thats 'una cavolata!'"
From: Glen, Alicia
To: "rmoelis@lmdevpartners.com"
Subject: Fw: Capital Real Estate, presented by Cushman & Wakefield: New development prices dipCouncil bill would
force prevailing wage on affordable housing projectsIn possible sign of rent freeze, report says landlord costs
nearly flat
Date: Friday, April 17, 2015 8:53:23 AM
My story: http://bit.ly/1JOzcZ9
GOOD FRIDAY MORNING: Welcome to Capital Real Estate. This roundup is for
you, so please tell us how we can make it better. Send tips, news, ideas, calendar
items, releases, promotions, job postings, birthdays, congratulations, criticisms and
corrections to me at rhutchins@capitalnewyork.com or on Twitter @ryanchutchins.
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rhutchins@capitalnewyork.com.
SHARE ME: Like this newsletter? Please tell a friend to sign up. Just give them this
link: http://bit.ly/1xTCo
It called for a living wage for all workers, including employees of retail stores
and other tenants, in projects that receive subsidies from the city. Alicia Glen ...
said the agreement with Brookfield proved that developers receiving big tax breaks
will accept the burden of finding tenants who will pay all of their workers more than
the minimum wage. She said she expected two more big developments to apply for
subsidies this year, and she indicated that they, too, would have to accept the rules
for their tenants.
The main developer of Hudson Yards, the Related Companies, had already
received authorization for much of its plans before the mayors executive order
overrode the exemption. Related has agreed to have the original living wage rules
apply to its employees and those who work for Equinox, a fitness-club chain owned
by Related. But the higher living wage that Mr. de Blasio ordered will not apply to
Relateds tenants in Hudson Yards. http://nyti.ms/1PVKEqc
Flashback Times' Kate Taylor, March 2012: Christine C. Quinn, the City
Council speaker, already facing skepticism over her handling of legislation that would
raise wages for some private-sector workers, has decided to add an exemption for
one of New Yorks biggest pending developments, Hudson Yards.
http://nyti.ms/1PVL9Ay
======================
======================
The acting Nassau County district attorney announced she would review
how Abtech won its contract. http://nwsdy.li/1GRo4fG
A person who met with investigators told the Daily News that half the
questions focused on the lobbying arm of Sen. Skelos law firm.
http://nydn.us/1aChnzP
Context, from Bloombergs Freeman Klopott: Three of the past four Senate
leaders have been indicted, Eliot Spitzer resigned as governor after becoming
entangled in a prostitution investigation and a comptroller was caught taking
kickbacks for pension investments. Dozens of rank-and-file members have been
arrested over the past decade, including three in a span of five weeks in 2013.
http://bloom.bg/1yz2fyV
Politicking, via New Yorks Chris Smith: If Skelos were to step aside, either
temporarily to fight any changes or permanently if the charges turn out to be
severe, the top contenders to replace him could be Syracuses John DeFrancisco and
Suffolk Countys John Flanagan. http://nym.ag/1HcmKma
Have you seen the latest cover? Check out this months issue of CAPITAL
Magazine on Infrastructure. Interested in showcasing your company inside the
May issue? Email advertising@capitalnewyork.com for details.
"Reid Price loses appeal against Town," by The Real Deal's Claire Moses:
http://bit.ly/1G1ilnt
MAP CLICKERMAP: Where Can the Average New Yorker Afford a Studio
Apartment? by DNAinfos Nigel Chiwaya: Where can a New Yorker on an
average salary live, without spending 30% of their income on rent? According to the
de Blasio administration, people investing over 30% of their income on housing are
rent-burdened. Data compiled from StreetEasy reveals that nearly every Manhattan
neighborhood, with the exceptions of Inwood and Central Harlem, would be a rent
burden on the average New Yorkers salary of $52,259. Large swathes of Brooklyn,
Queens, and the Bronx are out of the picture, too. Units in Long Island City,
Williamsburg, and parts of Astoria would consume over 50% of the average New
Yorkers income, while housing in Bed-Stuy, Sunset Park, and Concourse are still
considered affordable. http://dnain.fo/1IOkJil
WANT TO KNOW WHAT YOU'RE MISSING? Tired of bumping into our paywall
when you click on exclusive Capital Pro content? Get a no-risk, two-week free trial
to Capital Pro by emailing us at subscribe@capitalnewyork.com.
http://bit.ly/1PVR1df
TECH CITY"Etsy IPO Is Milestone for New York Startup Scene," by WSJ's
Yuliya Chernova: For the burgeoning New York City startup and venture capital
scene, Etsy Inc.s blockbuster initial public offering Thursday is a beacon of what is
possible. The online marketplace for handmade and unique items, founded in
Brooklyn in 2005, priced its IPO at a valuation of $1.8 billion and saw shares and
market capitalization almost double on the first day of trading on Nasdaq. It is a
milestone for New York City, which has seen few startups, backed by venture capital,
in recent years go public or sell for large amounts. Tumblr Inc., sold for $1.1 billion
to Yahoo in 2013, was a rare example. http://on.wsj.com/1JODRua
SHORT READS:
"Rupert Murdoch Lists Manhattan Penthouse for $72 Million," by WSJ's Candace
Taylor: http://on.wsj.com/1JODXlo
"Seagram Building owner RFR sells Frankfurt tower for $510M, by Bloombergs
Dahlia Fahmy: http://bloom.bg/1FYEDpR
James Corcoran out as Towns controller, by the Real Deals E.B. Solomont:
http://bit.ly/1IPpZCa
"RXR Completes 32 Old Slip Buy With $325M Loan Brokered by Meridian," by
Commercial Observer's Damian Ghigliotty: http://bit.ly/1G1f3ki
"James Corcoran out as Towns controller," by The Real Deal's E.B. Solomont:
http://bit.ly/1G1hpiU
======================
** A message from Cushman & Wakefield: Cushman & Wakefield advises and
represents clients on all aspects of property occupancy and investment. Founded in
1917, it has 248 offices in 58 countries, employing more than 16,000 professionals.
It offers a complete range of services to its occupier and investor clients for all
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click HERE. **
======================
=================================
Go to Capital New York for today's edition and our archive >> Capital Real Estate
=================================
Since I understand you are all together, thought you would enjoy the attached. I have never looked
more exhausted, but it is all for a good cause!
Have fun. Build housing!
From: Clips
Sent: Wednesday, April 22, 2015 12:04 PM
Subject: COMMERCIAL OBSERVER - A New Deputy in Town: The Sit-Down With Alicia K. Glen
Alicia K. Glen, the citys deputy mayor for housing and economic development, insists that
shes not the kind of public servant who will ever run for office.
Who would vote for me? she asked. Nobody would ever vote for me in their right mind.
But when it comes to the work politicos actually do (developing and implementing policy,
dealing with the byzantine city agencies, talking to the press), Ms. Glen has few equals in
City Hall.
When Commercial Observer visited Ms. Glen at City Hall on Good Friday, the building was
quietbut she had plenty of energy.
Im 100 percent ready. Im caffeinated, she said. Ms. Glen has channeled this enthusiasm
into her work on Mayor Bill de Blasios agenda since leaving Goldman Sachs Urban
Investment Group to return to city government in January 2014 (she also worked under
Mayor Rudy Giuliani as the assistant commissioner for housing finance and as a junior aide
to then-Manhattan Borough President David Dinkins).
Ms. Glens road to City Hall has been anything but linear, and the experience accrued on her
journey to the de Blasio administration has proven to be pivotal in working on some of the
mayors most high-profile, and high-stakes, projects. These initiatives include the mayors
most talked-about undertaking, building and securing 200,000 units of affordable housing
over the next decade, and expanding the innovation and manufacturing economy thats
sprouted in the outer boroughs. She sat down with CO to discuss how the halls of Goldman
differ from those of City Hall, the uncertain future of 421a and the reading material in her
office, including The Power Broker: Robert Moses and the Fall of New York by Robert A.
Caroa provocative title for a city administrator.
Ms. Glen: Im guessing that the context of the word unusual was when people think about
my career and the different things Ive done. It is unusual to be somebody who has been
lucky enough and committed enough to have had a series of jobs in very different sectors, or
what would be perceived to be on the spectrum of politics. But I have been able to constantly
advance the things I really care about.
Probably what I think of as being somewhat unusual for a person in my role is having been
able to make a transition from being an organizer, a legal services advocate to working in
city government, to then working at Goldman Sachs, the most powerful financial institution
in the world, and then coming back to a progressive mayoralty. That narrative is unusual, but
its all connected through my work of trying to improve the city. Doing smart planning and
economic development make cities the petri dish for innovation and economic growth.
One thing that has been consistent is wherever I go Im probably a little bit different than the
rest of the people in the place. At Goldman, obviously I came from a much more public
policy and advocacy and frankly, lefty liberal background, than most people there. Thats not
to say there arent some incredibly progressive, thoughtful, lefty Democrats at Goldman.
There are, and they actually have a long history of that. But I think it was clear that I was
very much a person there who was continuing to push the institution to do something which I
thought was incredibly important and to use capital markets to really address social change,
in the built environment, in providing access to capital for companies that dont have it or
women and minorities and to really think about why this is important. I was a little bit of a
pusher and going a little bit against the traditional grain.
What did your colleagues at Goldman say when you decided to come to City Hall to work for
a very progressive mayor?
I dont think they were shocked [laughs]. I think they were sad to see me leave because the
business I built there was incredibly important that I think changed the debate in the Wall
Street world around the role of financial institutions and double-bottom line and mission-
driven investing. [The Urban Investment Group at the bank specializes in social impact
investing and provides capital to under-served neighborhoods.] I believe I had a real impact
in the way that institution thought, and since Goldman is so much a thought-leader in that
world, I think it has had some collateral impact.
Goldman also has an incredibly long tradition of people going into public service to take
these skills [theyve developed] and try to advance the public agenda.
Did you have a relationship with Mr. de Blasio prior to him tapping you for this position?
I didnt really know him well. I had met him [twice] before I was contacted about this
opportunity.
One of his people called my assistant and asked if I would come in and meet with the mayor
to talk about the transition. And we had a first meeting. It was supposed to be 45 minutes and
it turned into two hours. We talked a lot about what his vision was and what my thoughts
were. And then the process accelerated very quickly from there. It all happened in about three
weeks.
Why do you think the Democratic National Convention bid didnt come to fruition?
I dont know. Im not a Democratic Party insider. From the economic development
perspective, I think that we did an amazing job making the case for why having a convention
in Brooklyn [was a great idea] and that the city and Brooklyn are ready for it. My view is, if I
were coming from Nebraska, I would rather hang out in a really interesting, cool
neighborhood in Brooklyn and get a sense of that than be in the Philadelphia Convention
Center. I wish they had gone the other way.
One hundred percent not. These decisions are made in a very political way is what Im
assuming.
421a has been a very hot topic this year. Can you articulate the administrations position on
the tax abatement program?
I cant give you a hard and fast answer because we are still finalizing the parameters of what
reforms we would like to see in the law. We have been engaging with every possible
stakeholder on the planet around these issues. I have spent years thinking about these issues.
Fundamentally, everything were doing when we look at the housing plan and housing
production is to think about how we can maximize the various tools we have to drive both
affordable housing and market-rate housing. The framework with which we come to
everything is: If the public sector is providing benefits to developers, whether theyre for-
profit or nonprofit, what is the appropriate benefit that the public gets in return for that? And
for 421a, its a very deep tax benefit and we should take a hard look at what makes sense for
the public to get in return.
The strategy is in formulation. It really will reflect our values in terms of making sure the
public gets the right share of the benefit to advance our housing agenda.
What would you say to critics of the mayors affordable housing plan [which calls for
200,000 units preserved and built in a decade]?
Who is critical of my plan? Where are those people? I would love to talk to them.
Some have raised concerns about the feasibility and logistics of the plan.
The number [of units] is absolutely attainable. If you look at the history of market-rate
housing production and affordable housing production over the past 25 years, at the height, I
think there was 17,000 or 18,000 units of affordable housing done [annually]. So for us to get
to 20,000 a year is by definition not crazy. Were not talking about a goal thats 50 percent
greater than the height, and theres an unprecedented commitment of resources [now].
The other thing I really think is important for people to understand is that this plan is not
reliant on a hot real estate market. Theres a huge amount of confusion out there that our
whole plan is about, as long as the market is hot, well get our units through inclusionary.
That is a small, small percentage of the plan. We have doubled our capital budget. We have
changed all of our housing financing programs. We are getting close to twice as many units
in our housing production programs for the same dollars that the Bloomberg administration
got. We are structuring these deals better. We are leveraging private-sector money better.
I want people to understand that even if the real estate market really declined rapidly
which, please God, it doesnt happenits not like the machine doesnt keep cranking. The
machine is unbelievably well-oiled and well-financed.
There have been reports of community members pushing back against rezoning [in
Brooklyn].
Some are, but if you actually go and interview people who are standing on the corners of East
New York, people first of all would be like What rezoning? Thats a 100 percent true story.
You ask the person on the street coming back from the grocery store and they would be like,
What are you talking about? Whats a rezoning? There are definitely advocates who are
going to continue to push, and thats their job. Thats fine. I was an advocate once. Nothings
ever good enough for anybody.
But in a Brooklyn thats rapidly gentrifying, what would you say to these concerned
advocates who are worried about their neighborhoods changing?
We engage with [these advocates] all the time. We would say we understand peoples
skepticism because the sad history of the past couple of decades has been communities being
told that when development comes, they will get something from it. And the sad truth is,
most of the time that hasnt happened. This is what I would call the hangover of
Williamsburg.
Because of the mandatory requirement [we have put forth], every single building that is built
over 10 units or whatever the minimum number is, will have affordable housing. There is no
voluntary nature. We are making a pact with the community and we are embedding it in law.
What can you be found doing when youre not on the clock?
I feel like Im always on the clockin a good way. I am 100 percent devoted to New York
City in all of its fabulousness. I live in the same zip code I was born in [10025 on the Upper
West Side]. I walk the same blocks. Ive seen neighborhood transformation. Ive seen how
that can be both positive and how it can also have some negative consequences. I also spend
a huge amount of time just celebrating the incredible physical and literal and amazing
diversity of New York City. Its what I do. I will literally spend my weekend going to buy
the best curry powder in Jackson Heights because Im making dinner for people on Sunday
night and thats what so cool about living in New York. Ive always thought that cities are
the most exciting places on the planet and places where theres real opportunity for
experimentation and innovation and making mistakes.
We have so much opportunity here to make New York, to really make the city truly the
coolest, most equitable, funky, diverse and profitable [place]. Were so lucky here, given the
extraordinary human capital and financial capital. Im never off the clock, because the clock
is what I do.
Does every journalist who comes into your office to interview you ask about your copy of
The Power Broker?
Theres a running joke going on which is, Is my goal to put an a there on the end of
Robert? There is a little bit of thata bit of a feminist approach to city building. But the
reason why its there is that two months into my job, I was lucky enough to go a gala. I go to
a million galas, obviously, but I happened to sit next to Robert Caro. And at galas, everyone
is swanning around, kissy-kissy, working the room, and I spent the entire night, like three
hours, engaged in this incredible conversation with Mr. Caro. Then the next day, he sent [the
book] to me with the nicest note:
The Power Broker: who has a rare opportunity to do something wonderful for New York
and who I think will do it.
Robert Caro
From: Glen, Alicia
To: "rmoelis@lmdevpartners.com"
Subject: Re: COMMERCIAL OBSERVER - A New Deputy in Town: The Sit-Down With Alicia K. Glen
Date: Thursday, April 23, 2015 11:21:42 AM
Is your cousin stephen corwin? I am about to sit next to him at a lunch w/the mayor and the speyers.
Since I understand you are all together, thought you would enjoy the attached. I have
never looked more exhausted, but it is all for a good cause!
Have fun. Build housing!
From: Clips
Sent: Wednesday, April 22, 2015 12:04 PM
Subject: COMMERCIAL OBSERVER - A New Deputy in Town: The Sit-Down With Alicia K.
Glen
A New Deputy in Town: The Sit-Down With Alicia K. Glen
COMMERCIAL OBSERVER - Danielle Schlanger
http://commercialobserver.com/2015/04/a-new-deputy-in-town-the-sit-down-
with-alicia-k-glen/
Alicia K. Glen, the citys deputy mayor for housing and economic development,
insists that shes not the kind of public servant who will ever run for office.
Who would vote for me? she asked. Nobody would ever vote for me in their
right mind.
But when it comes to the work politicos actually do (developing and
implementing policy, dealing with the byzantine city agencies, talking to the
press), Ms. Glen has few equals in City Hall.
When Commercial Observer visited Ms. Glen at City Hall on Good Friday, the
building was quietbut she had plenty of energy.
Im 100 percent ready. Im caffeinated, she said. Ms. Glen has channeled this
enthusiasm into her work on Mayor Bill de Blasios agenda since leaving
Goldman Sachs Urban Investment Group to return to city government in
January 2014 (she also worked under Mayor Rudy Giuliani as the assistant
commissioner for housing finance and as a junior aide to then-Manhattan
Borough President David Dinkins).
Ms. Glens road to City Hall has been anything but linear, and the experience
accrued on her journey to the de Blasio administration has proven to be pivotal
in working on some of the mayors most high-profile, and high-stakes, projects.
These initiatives include the mayors most talked-about undertaking, building
and securing 200,000 units of affordable housing over the next decade, and
expanding the innovation and manufacturing economy thats sprouted in the
outer boroughs. She sat down with CO to discuss how the halls of Goldman
differ from those of City Hall, the uncertain future of 421a and the reading
material in her office, including The Power Broker: Robert Moses and the Fall of
New York by Robert A. Caroa provocative title for a city administrator.
Ms. Glen: Im guessing that the context of the word unusual was when people
think about my career and the different things Ive done. It is unusual to be
somebody who has been lucky enough and committed enough to have had a
series of jobs in very different sectors, or what would be perceived to be on the
spectrum of politics. But I have been able to constantly advance the things I
really care about.
One thing that has been consistent is wherever I go Im probably a little bit
different than the rest of the people in the place. At Goldman, obviously I came
from a much more public policy and advocacy and frankly, lefty liberal
background, than most people there. Thats not to say there arent some
incredibly progressive, thoughtful, lefty Democrats at Goldman. There are, and
they actually have a long history of that. But I think it was clear that I was very
much a person there who was continuing to push the institution to do something
which I thought was incredibly important and to use capital markets to really
address social change, in the built environment, in providing access to capital for
companies that dont have it or women and minorities and to really think about
why this is important. I was a little bit of a pusher and going a little bit against
the traditional grain.
What did your colleagues at Goldman say when you decided to come to City
Hall to work for a very progressive mayor?
I dont think they were shocked [laughs]. I think they were sad to see me leave
because the business I built there was incredibly important that I think changed
the debate in the Wall Street world around the role of financial institutions and
double-bottom line and mission-driven investing. [The Urban Investment Group
at the bank specializes in social impact investing and provides capital to
under-served neighborhoods.] I believe I had a real impact in the way that
institution thought, and since Goldman is so much a thought-leader in that world,
I think it has had some collateral impact.
Goldman also has an incredibly long tradition of people going into public service
to take these skills [theyve developed] and try to advance the public agenda.
Did you have a relationship with Mr. de Blasio prior to him tapping you for this
position?
I didnt really know him well. I had met him [twice] before I was contacted
about this opportunity.
One of his people called my assistant and asked if I would come in and meet
with the mayor to talk about the transition. And we had a first meeting. It was
supposed to be 45 minutes and it turned into two hours. We talked a lot about
what his vision was and what my thoughts were. And then the process
accelerated very quickly from there. It all happened in about three weeks.
Why do you think the Democratic National Convention bid didnt come to
fruition?
One hundred percent not. These decisions are made in a very political way is
what Im assuming.
421a has been a very hot topic this year. Can you articulate the administrations
position on the tax abatement program?
I cant give you a hard and fast answer because we are still finalizing the
parameters of what reforms we would like to see in the law. We have been
engaging with every possible stakeholder on the planet around these issues. I
have spent years thinking about these issues. Fundamentally, everything were
doing when we look at the housing plan and housing production is to think about
how we can maximize the various tools we have to drive both affordable housing
and market-rate housing. The framework with which we come to everything is:
If the public sector is providing benefits to developers, whether theyre for-profit
or nonprofit, what is the appropriate benefit that the public gets in return for that?
And for 421a, its a very deep tax benefit and we should take a hard look at what
makes sense for the public to get in return.
The strategy is in formulation. It really will reflect our values in terms of making
sure the public gets the right share of the benefit to advance our housing agenda.
What would you say to critics of the mayors affordable housing plan [which
calls for 200,000 units preserved and built in a decade]?
Who is critical of my plan? Where are those people? I would love to talk to
them.
Some have raised concerns about the feasibility and logistics of the plan.
The number [of units] is absolutely attainable. If you look at the history of
market-rate housing production and affordable housing production over the past
25 years, at the height, I think there was 17,000 or 18,000 units of affordable
housing done [annually]. So for us to get to 20,000 a year is by definition not
crazy. Were not talking about a goal thats 50 percent greater than the height,
and theres an unprecedented commitment of resources [now].
The other thing I really think is important for people to understand is that this
plan is not reliant on a hot real estate market. Theres a huge amount of
confusion out there that our whole plan is about, as long as the market is hot,
well get our units through inclusionary. That is a small, small percentage of the
plan. We have doubled our capital budget. We have changed all of our housing
financing programs. We are getting close to twice as many units in our housing
production programs for the same dollars that the Bloomberg administration got.
We are structuring these deals better. We are leveraging private-sector money
better.
I want people to understand that even if the real estate market really declined
rapidlywhich, please God, it doesnt happenits not like the machine doesnt
keep cranking. The machine is unbelievably well-oiled and well-financed.
There have been reports of community members pushing back against rezoning
[in Brooklyn].
Some are, but if you actually go and interview people who are standing on the
corners of East New York, people first of all would be like What rezoning?
Thats a 100 percent true story. You ask the person on the street coming back
from the grocery store and they would be like, What are you talking about?
Whats a rezoning? There are definitely advocates who are going to continue to
push, and thats their job. Thats fine. I was an advocate once. Nothings ever
good enough for anybody.
But in a Brooklyn thats rapidly gentrifying, what would you say to these
concerned advocates who are worried about their neighborhoods changing?
We engage with [these advocates] all the time. We would say we understand
peoples skepticism because the sad history of the past couple of decades has
been communities being told that when development comes, they will get
something from it. And the sad truth is, most of the time that hasnt happened.
This is what I would call the hangover of Williamsburg.
Because of the mandatory requirement [we have put forth], every single building
that is built over 10 units or whatever the minimum number is, will have
affordable housing. There is no voluntary nature. We are making a pact with the
community and we are embedding it in law.
What can you be found doing when youre not on the clock?
I feel like Im always on the clockin a good way. I am 100 percent devoted to
New York City in all of its fabulousness. I live in the same zip code I was born
in [10025 on the Upper West Side]. I walk the same blocks. Ive seen
neighborhood transformation. Ive seen how that can be both positive and how it
can also have some negative consequences. I also spend a huge amount of time
just celebrating the incredible physical and literal and amazing diversity of New
York City. Its what I do. I will literally spend my weekend going to buy the best
curry powder in Jackson Heights because Im making dinner for people on
Sunday night and thats what so cool about living in New York. Ive always
thought that cities are the most exciting places on the planet and places where
theres real opportunity for experimentation and innovation and making mistakes.
We have so much opportunity here to make New York, to really make the city
truly the coolest, most equitable, funky, diverse and profitable [place]. Were so
lucky here, given the extraordinary human capital and financial capital. Im
never off the clock, because the clock is what I do.
Does every journalist who comes into your office to interview you ask about
your copy of The Power Broker?
Theres a running joke going on which is, Is my goal to put an a there on the
end of Robert? There is a little bit of thata bit of a feminist approach to city
building. But the reason why its there is that two months into my job, I was
lucky enough to go a gala. I go to a million galas, obviously, but I happened to
sit next to Robert Caro. And at galas, everyone is swanning around, kissy-kissy,
working the room, and I spent the entire night, like three hours, engaged in this
incredible conversation with Mr. Caro. Then the next day, he sent [the book] to
me with the nicest note:
The Power Broker: who has a rare opportunity to do something wonderful for
New Yorkand who I think will do it.
Robert Caro
From: Bruch, Mary
To: Glen, Alicia; Patchett, James; Wolfe, Emma; "Lisa Gomez (lgomez@lmdevpartners.com)";
"rmoelis@lmdevpartners.com"
Cc: "Carole Chirogianis"; "Carole ann@lmequity.com"; "tbednar@bfcnyc.com"; Kix Ryen
Subject: RE: [UPDATED TIME]: Conference call w/ DM Alicia Glen
Date: Friday, May 08, 2015 11:28:51 AM
Dear All,
Please accept the calendar invitation copied below for 11:45am. Or let me know if you have
a conflict with starting the call at 11:45am instead of noon today.
Thank you,
Mary
-----Original Appointment-----
From: Bruch, Mary On Behalf Of Glen, Alicia
Sent: Friday, May 08, 2015 10:50 AM
To: Glen, Alicia; Patchett, James; Wolfe, Emma; 'Lisa Gomez (lgomez@lmdevpartners.com)';
'rmoelis@lmdevpartners.com'; 'Carole_ann@lmequity.com'; 'tbednar@bfcnyc.com'
Cc: 'Carole Chirogianis'
Subject: [UPDATED TIME]: Conference call w/ DM Alicia Glen
When: Friday, May 08, 2015 11:45 AM-12:00 PM (UTC-05:00) Eastern Time (US & Canada).
Where: Dial-in Number: ( Meeting ID:
Sorry for any inconvenience, but we need to push this call 15 minutes earlier to 11:45am.
Don had a good meeting this morning. Seems to be on board as well as open to bringing along
others. I think he called James to update him.
From: Ron Moelis
To: Glen, Alicia
Subject: Re: CAPITAL: Trumka tweaks de Blasio on 421-a prevailing wage
Date: Friday, May 29, 2015 8:14:13 AM
The 421-a law, which provides an as-of-right subsidy to housing developers in New
York City, expires on June 15. While de Blasios proposal would mandate that every
recipient includes some amount of affordable housing in their projects, it has been
attractive enough to garner support from the Real Estate Board of New Yorkan
admittedly odd bedfellow for the progressive mayor.
The issue over a prevailing wage is a bit more complex than the unions let on in their
statements. De Blasio actually struck a deal with another union, SEIU 32BJ, to
propose a much stronger requirement in 421-a to pay service workers a prevailing
wage. Politically, that union is much closer to the mayors base than the union
representing construction workers.
In addition, there is the issue of cost and relative pay. Most construction workers
make more than service workers, prevailing wage or not. Developers also say that
union construction can add to the cost of a project by 30 percent. While union labor
on high-rise building in Manhattan is commonplace, that is not the case in the outer
boroughs, particularly on affordable housing projects.
In a statement, the mayors office said de Blasio and his staff have proven
themselves ardent supporters of working people and of the labor movementnobody
can argue that isnt the case with a straight face.
Our reforms would double the amount of affordable housing produced by this
program and boost the number of good jobs provided, spokesman Wiley Norvell
said. Anyone seeking to preserve the status quo is fighting for fewer prevailing wage
jobs and less of the affordable housing New Yorkers desperately need. If 421a is
simply extended as-is, as some are seeking up in Albany, there will be no prevailing
wage construction jobs, far fewer building service workers making prevailing wage
and no progress on affordable housing for tens of thousands in desperate need. Thats
an indefensible outcome.
From: Ron Moelis
To: Glen, Alicia
Subject: Fwd: Soundview "Local" workers from 5 Boro"s
Date: Saturday, May 30, 2015 3:14:29 PM
FYI
From: Ron Moelis
To: Glen, Alicia
Subject: Fwd: Local workers at MGV
Date: Saturday, May 30, 2015 3:14:40 PM
AMK
(55) workers living in the 5 boroughs
Total- 55 workers
Avante
(6) workers living in the 5 boroughs
Total 6 workers
City Sewer
(5) workers living in the 5 boroughs
Total- 5 workers
JB&B
0 local hires
Total- 3 workers
BPNY
0 local hires
Total -2 workers
Below is a summary of the workers at the NYCHA project that live in the 5
boros as discussed at last weeks PM meeting. The number on the top
per sub is the average number of workers with the local number of
workers below.
AMK total manpower average 52 workers for both sites
<!--[if !supportLists]--> <!--[endif]-->Bronxchester = 28 workers
local
<!--[if !supportLists]--> <!--[endif]-->Saratoga = 20 workers local
Rotavale new/service average 5 workers at Bronxchester
<!--[if !supportLists]--> <!--[endif]-->Bronxchester = 5 local
workers
Izzo average 4 workers for both sites
<!--[if !supportLists]--> <!--[endif]-->Bronxchester = 2 local
workers
<!--[if !supportLists]--> <!--[endif]-->Saratoga = 2 local workers
Senator Jack Martins, a Long Island Republican, introduced his own bill
related to 421-a reforms Tuesday evening.
Martins' bill comes a day after Assemblyman Keith Wright, head of the
chamber's housing committee, introduced two pieces of legislation
pertaining to the 421-a program, one of which is Mayor Bill de Blasio's
proposal.
Under de Blasio's plan, which has received the support of the Real Estate
Board of New York which represents major developerssome building-
service workers would be paid a prevailing wage.
I think the mayor's got some proposal that deals with 421-a and had
some good stuff in it and I think the labor still has to be looked at,
Senator Marty Golden, a Republican from Brooklyn, told Capital.
De Blasio's proposal has prompted some dissent from the AFL-CIO and
construction trade unions for not including prevailing wages for
construction workers.
So there's a whole host of things that have to be explored here and it's
still in negotiations, Golden said.
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From: Lisa Gomez
To: Glen, Alicia
Cc: doncapny Ron Moelis; Wolfe, Emma; Patchett, James
Subject: Re: Senate Republicans take a position on 421-a
Date: Wednesday, June 03, 2015 7:36:39 AM
Yes. We were with Richie Torres ( who thinks you're impressive btw) when it came
out discussing the council's silliness on Pw. Our albany lobbyist says it's not moving.
Johns up there. Yesterday and today. Jolie's going up today. People are trying to
lock down t
I think the mayor's got some proposal that deals with 421-a
and had some good stuff in it and I think the labor still has to
be looked at, Senator Marty Golden, a Republican from
Brooklyn, told Capital.
This email alert has been sent for the exclusive use of Capital
Pro subscriber mgunaratna@cityhall.nyc.gov. Forwarding or
reproducing the alert without the express, written permission
of Capital Pro is a violation of federal law and the Capital Pro
subscription agreement. Copyright 2015 by CapNY LLC. To
subscribe to Pro, please go to
http://www.capitalnewyork.com/page/why-pro.
If you believe this has been sent to you in error, please safely unsubscribe.
From: Ron Moelis
To: Glen, Alicia
Cc: Rick Gropper
Subject: Fwd: Marcus Garvey Village/garbage collection
Date: Monday, September 21, 2015 2:56:36 PM
Attachments: 1334 MGV Site Plan All DSNY Pickup[1].pdf
ATT00001..htm
ATT00002..htm
Marcus Garvey Village (MGV) was constructed in the mid-1970s across 7 city blocks in
Brownsville, Brooklyn. The complex consists of 625 units in 2-3 story townhouse-style
buildings organized around courtyards. There areapproximately 125 addresses/entrances.
See attached site plan for more information.L+M purchased the property in partnership
withHPD andHFA in December 2014 as part of a preservationLIHTC transaction. The
firm is in the midst of a $60 million comprehensive rehabilitation of the property.
The garbage collection process has been an issue at this complex for recent history. Due
to the townhouse nature of the buildings, residents neither have access to a trash room
nor a garbage chute; rather the residents bring their garbage to 1 of approximately 150
trash enclosures underneath their respective buildings. See attached photo for an example.
AsDSNY viewsMGV as a "campus," it does not perform curbside pickup. TheMGV
maintenance staff isinstead burdened with garbage removal. This includes going to each
of the 150 trash areas, pulling out trash bags, loading bags onto a tractor and dropping
them into dumpsters in a vacant lot controlled by MGV.DSNY visits the lot several times
each week to empty the dumpsters. This effort requiresMGV to dedicate 2-3 porters x 2
shifts per day x6 days per week. Aside from theexorbitant labor cost, the garbage lot is
unsightly, difficult to keep clean, and attracts rodents and vermin. Further, the lots are
slated for future development of affordable housing and will soon become unavailable for
garbage storage.
Representatives ofL+M have attempted to work with Commissioner Garcia and senior
borough staff to structure a curbside pickup program acceptable toDSNY to no avail. The
proposed program would involve curbside pickup in 2-3 central locations on each block
atMGV several times per week.MGV staff would pull garbage to the curb on the night
before pickup and clean the sidewalk following pickup. The above proposal is neither
different nor more burdensome than curbside pickup programs currently in place for
townhouses on the Upper East Side or in Harlem.
From: Lisa Gomez
To: Glen, Alicia
Subject: Re: Ignore my call
Date: Friday, October 23, 2015 2:01:04 PM
Just came from low line lab. Super cool. Heard you were visiting next week.
> On Oct 23, 2015, at 1:19 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>
> Ok
>
> ----- Original Message -----
> From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
> Sent: Friday, October 23, 2015 12:37 PM
> To: Glen, Alicia
> Subject: Ignore my call
>
> S w James
>
> Sent from my iPhone
From: Ron Moelis
To: Glen, Alicia
Subject: Re: As Union Theological Seminary Plans to Sell Air Rights, Some See a Moral Quandary - The New York Times
Date: Saturday, December 12, 2015 6:47:33 AM
Looking forward to catching up. Busy week and things here seem to get crazier every day
As you know I hate to admit when you're right but the UTS thing is nuts and they haven't even gotten
beyond their students and faculty...and of course labor has already inserted themselves into it.
On the other hand we are finishing up our Nycha jobs and I spoke at the seniors Christmas party
yesterday in their beautifully renovated space and had a number of them come to me to tell me how
scared they were at the beginning and how much happier they are now and that makes it all worth
while
The Good news is the weather's been great and we do have good burgers and wine in NYC so you
should be fine when you get back.
Have a good trip and I hope we get a chance to talk before thurs but if not see you then.
> On Dec 12, 2015, at 6:30 AM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>
> Just getting on the plane to start long journey home. Has been very eventful, with some amazing
things and a lot of crazy hassle bctrip was not well organized. Just try getting cabs in the pouring rain
in Shanghai between government meetings with no translator and a few yuan in your pocket!
>
> A few near death stories, and the most amazing subway system
in the world. I am also completely obsessed with doing more, doing it bigger and making NYC more
technologically innovative.
>
> Dying for a hamburger and a bottle of Montrachet.
>
> Things seem like they are moving in decent direction on lich. And finally support for inclusionary
and ZQa. Think I will travel more often.
> Hope you have been good, and I believe we will run into each other on Thursday night?
> Have no gmail right now...
> Alicia
>
> http://www.nytimes.com/2015/12/15/nyregion/as-union-theological-seminary-plans-to-sell-air-rights-
some-see-a-moral-quandary.html?ref=nyregion
>
>
> Sent from my iPad
From: Lisa Gomez
To: Wolfe, Emma
Cc: Patchett, James; Glen, Alicia
Subject: Re: Real affordability for all or some.
Date: Wednesday, December 16, 2015 10:00:43 AM
Yeah at the hearing now but will get you the list.
> On Dec 16, 2015, at 9:58 AM, Wolfe, Emma <EWolfe@cityhall.nyc.gov> wrote:
>
> Lisa can you tell us which groups and we'll figure out a way to get this out there
>
> -----Original Message-----
> From: Patchett, James
> Sent: Wednesday, December 16, 2015 9:21 AM
> To: 'lgomez@lmdevpartners.com'; Glen, Alicia; Wolfe, Emma
> Subject: Re: Real affordability for all or some.
>
> I've heard that and thank you. Is there any way that could be turned into a press thing?
>
>
> ----- Original Message -----
> From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
> Sent: Wednesday, December 16, 2015 09:17 AM
> To: Patchett, James; Glen, Alicia; Wolfe, Emma
> Subject: Real affordability for all or some.
>
> In case you weren't aware I wanted to make you so. Many of the real housing groups have dropped
off the report saying they didn't see it and didn't endorse it. I mention it bc some of their people are
standing in front of us waiting to testify.
>
> Sent from my iPhone
From: Wolfe, Emma
To: Patchett, James; "lgomez@lmdevpartners.com"; Glen, Alicia
Subject: RE: Real affordability for all or some.
Date: Wednesday, December 16, 2015 10:02:27 AM
ALIGN
ANHD
Banana Kelly
Center for Popular Democracy
Chelsea Coalition on Housing
Coalition for the Homeless
Community Action for Safe Apartments
Community Service Society
Community Voices Heard
Cooper Square Committee
Ecclesia Ministries of New York
El Puente
Faith in New York
Fifth Ave Committee
Flatbush Tenant Coalition
FUREE
Goddard Riverside-SRO Law Project
Good Old Lower East Side, Inc
Henry Street Tenants
Homeless Services United
Housing Conservation Coordinators
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Interfaith Assembly
Justice for Homeowners
Los Sures
LEAPS - Penn South
Legal Aid Society
Lenox Hill Neighborhood House
Make the Road, NY
Met Council on Housing
MinKwon Center for Community Action
Mothers on the Move
Mutual Housing Association of NY
National Lawyers Guild-NYC Housing Committee
Nazareth Housing
Neighbors Helping Neighbors
NW Bronx Community and Clergy Coalition
NY Communities for Change
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Pratt Area Community Council
Queers for Economic Justice
Real Rent Reform Campaign
Red Hook Initiative
Right to the City
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Safety Net Project at the Urban Justice Center
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The Black Institute
United NY
United to End Homelessness
University Settlement
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VOCAL-NY
WE ACT for Environmental Justice
West Side Neighborhood Alliance
Woodside on the Move
-----Original Message-----
From: Patchett, James
Sent: Wednesday, December 16, 2015 9:21 AM
To: 'lgomez@lmdevpartners.com'; Glen, Alicia; Wolfe, Emma
Subject: Re: Real affordability for all or some.
I've heard that and thank you. Is there any way that could be turned into a press thing?
In case you weren't aware I wanted to make you so. Many of the real housing groups have dropped
off the report saying they didn't see it and didn't endorse it. I mention it bc some of their people
are standing in front of us waiting to testify.
Lisa do you know sally Goldenberg - she's at hearing and would probably do something with this if you
can find her or I can have her find you
-----Original Message-----
From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
Sent: Wednesday, December 16, 2015 10:00 AM
To: Wolfe, Emma
Cc: Patchett, James; Glen, Alicia
Subject: Re: Real affordability for all or some.
Yeah at the hearing now but will get you the list.
> On Dec 16, 2015, at 9:58 AM, Wolfe, Emma <EWolfe@cityhall.nyc.gov> wrote:
>
> Lisa can you tell us which groups and we'll figure out a way to get this out there
>
> -----Original Message-----
> From: Patchett, James
> Sent: Wednesday, December 16, 2015 9:21 AM
> To: 'lgomez@lmdevpartners.com'; Glen, Alicia; Wolfe, Emma
> Subject: Re: Real affordability for all or some.
>
> I've heard that and thank you. Is there any way that could be turned into a press thing?
>
>
> ----- Original Message -----
> From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
> Sent: Wednesday, December 16, 2015 09:17 AM
> To: Patchett, James; Glen, Alicia; Wolfe, Emma
> Subject: Real affordability for all or some.
>
> In case you weren't aware I wanted to make you so. Many of the real housing groups have dropped
off the report saying they didn't see it and didn't endorse it. I mention it bc some of their people are
standing in front of us waiting to testify.
>
> Sent from my iPhone
From: Lisa Gomez
To: Wolfe, Emma
Cc: Patchett, James; Glen, Alicia
Subject: Re: Real affordability for all or some.
Date: Wednesday, December 16, 2015 10:08:04 AM
Yeah basically all the real housing organizations are off leaving the trades and
some advocates I guess uhab and met council are sort of the exceptions. I'll
forward you an email from deb Howard in confidence
-----Original Message-----
From: Patchett, James
Sent: Wednesday, December 16, 2015 9:21 AM
To: 'lgomez@lmdevpartners.com'; Glen, Alicia; Wolfe, Emma
Subject: Re: Real affordability for all or some.
I've heard that and thank you. Is there any way that could be turned into a press thing?
In case you weren't aware I wanted to make you so. Many of the real housing groups
have dropped off the report saying they didn't see it and didn't endorse it. I mention it
bc some of their people are standing in front of us waiting to testify.
I can imagine.
That has not been An easy partnership over the past couple of years....
You guys are selling the Aspen? The first 50/30/20 ever???? We are getting old!
From: Gunaratna, Mahen
Sent: Wednesday, January 06, 2016 05:35 AM
To: Glen, Alicia; Norvell, Wiley
Subject: FW: POLITICO New York Real Estate: City Hall staffing shakeupCuomos Penn
Station PlansDe Blasios role in LICH property
By Sally Goldenberg
Read more about the staffing changes from POLITICO New Yorks Gloria
Pazmino here: http://politi.co/1mACgCy
TIP ME: Something going on readers should know about? Let us know:
sgoldenberg@politico.com.
SHARE ME: Like this newsletter? Please tell a friend to sign up. Just
give them this link: http://politi.co/1TDgsAa
SHORT READS:
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From: Lisa Gomez
To: Glen, Alicia
Subject: SFY 2015-16 Housing Budget Chart ver 2.DOCX
Date: Tuesday, January 12, 2016 8:14:04 PM
Attachments: SFY 2015-16 Housing Budget Chart ver 2.DOCX
ATT00001.txt
I haven't gone through this yet but. Wanted to get to you. I'll go through iIT shortly.
SFY 2015-16 State Housing Budget Comparison Chart
1
Amount to be split between RPP and NPP
2
Amount to be split between RPP and NPP.
$19.6 million + $1 million million million
million
Restore New Yorks $25 million
Communities Initiative
Public Housing Modernization $6.4 million $6.4 $6.4 $6.4 $6.4
Program million million million million
Residential emergency services $6.4 million: $5 $1.4
million + $1.4 million
million
NYCHA Public Housing $100 million N/A N/A N/A N/A
Modernization
Urban Initiatives Rejects. $2 million $2 $4 $2
million million million
Rural Area Revitalization Rejects. $1.5 $665,000 $4
million million
Homelessness program or $16.34 million
Operational support for AIDS
housing program
Adirondack community housing $1 million
trust to reduce the cost of home
purchases for families making
up to 120% of AMI
Main Street or Downtown $9.7 million: $4.2 $4.2 $4.2 $3 $2.2
Revitalization projects million + $5.5 million million million million
million
203070493.1
Sent from my iPhone
From: Lisa Gomez
To: Glen, Alicia
Subject: Re: SFY 2015-16 Housing Budget Chart ver 2.DOCX
Date: Tuesday, January 12, 2016 9:33:32 PM
Ok up an running. There were some decent one time increases this past fiscal year. Slic diesnt look
right to me though. B maybe it was limped in w Someyhin else in earlier years. V
> On Jan 12, 2016, at 8:46 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>
> Ok.
>
> Sent from my iPad
>
>> On Jan 12, 2016, at 8:45 PM, Lisa Gomez <lgomez@lmdevpartners.com> wrote:
>>
>> I'm having an I t issue at the moment. Give me 10
>>
>> Sent from my iPhone
>>
>>> On Jan 12, 2016, at 8:44 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>>>
>>> Thanks. Dumb question: is the 2015-2016 number what you guys expect will be in the budget or
is that the current budget? I'm not totally clear on their fiscal,year.
>>>
>>> Sent from my iPad
>>>
>>>> On Jan 12, 2016, at 8:14 PM, Lisa Gomez <lgomez@lmdevpartners.com> wrote:
>>>>
>>>> I haven't gone through this yet but. Wanted to get to you. I'll go through iIT shortly.
>>>>
>>>> <SFY 2015-16 Housing Budget Chart ver 2.DOCX>
>>>>
>>>>
>>>>
>>>> Sent from my iPhone
From: Lisa Gomez
To: Glen, Alicia
Subject: Re: SFY 2015-16 Housing Budget Chart ver 2.DOCX
Date: Tuesday, January 12, 2016 9:37:11 PM
> On Jan 12, 2016, at 8:45 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>
> It must be what might be enacted BC there are new programs, right? So the top column is MIS
named.
>
> Sent from my iPad
>
>> On Jan 12, 2016, at 8:14 PM, Lisa Gomez <lgomez@lmdevpartners.com> wrote:
>>
>> I haven't gone through this yet but. Wanted to get to you. I'll go through iIT shortly.
>>
>> <SFY 2015-16 Housing Budget Chart ver 2.DOCX>
>>
>>
>>
>> Sent from my iPhone
From: Lisa Gomez
To: Glen, Alicia
Subject: Re: NYSAFAH Statement in Response to Governor"s State of the State Address and Executive Budget
Date: Wednesday, January 13, 2016 8:50:03 AM
Yeah. My guess is he is vague on sources. Last year we lobbied for 1 billion multi
year program of Mort settlement for affordable housing under the theory that these
funds were generated by housing and should go back to housing.
There was a big infusion last fiscal year. Some from mortgage
settlement (not as much as we asked for) . also, as you know everyone
recasts existing programs. Here were the highlights Ill try to find the
fuller announcement .
From: Alexandra Hanson [mailto:alexandra@nysafah.org]
Sent: Wednesday, January 21, 2015 5:20 PM
To: Alexandra Hanson
Cc: Jolie Milstein; Elizabeth Rossi
Subject: NYSAFAH Statement in Response to Governor's State of the State
Address and Executive Budget
<image004.jpg>
NYSAFAH STATEMENT IN RESPONSE TO GOVERNORS STATE OF
THE STATE ADDRESS AND EXECUTIVE BUDGET
Settlement Funds for Affordable Housing Programs Likely to Near
$500 Million
Today Governor Cuomo delivered his State of the State address, and
announced his 2015-2016 Executive Budget as part of his 2015
Opportunity Agenda. Allocating nearly $500 million to housing programs
from the Mortgage Foreclosure Settlement Funds, the agenda proposes a
significant increase to affordable housing funding.
NYSAFAH commends Governor Cuomo for his strong support of
affordable and supportive housing and we areencouraged that
nearly$500 million in new capital fundingwill go towards housing-
relatedprograms in the 2015-2016 Executive Budget.Today, the
Governor demonstratedhis understanding that the development and
preservation of affordable housing are critical to building strong
communitiesthroughout New York State.
We areproud to see the Governor commitadditionalresources to
existing housing programs,rental subsidies and NY/NY IV. Theseprograms
have improved the lives of special needs families from Buffalo to the
Bronx,and serveas a powerful force for economic development. As
longtime proponents ofsupportive housing and community development,
we knowthis is an effective way to put our tax dollars towork.
The deep economic and housing crisis gripping our communities means
thatevenmore must be done to finance and expand affordable housing
programs in New York State. In this years budget,NYSAFAH urges
lawmakers to commit an additional $500 million to develop a new mixed-
income affordable housing programin order to provide support to
families at a wider range of incomes in rural, urban and suburban areas."
Jolie Milstein, President and CEO
The Governors Executive Budget proposes allocations to both new and
existing affordable housing programs, including:
Alexandra Hanson
Policy Director
NYSAFAH
242 W. 36 th Street, 3rd Floor
New York, NY 10018
P: 646.473.1209
C: 646.476.1606
F: 646.349.5286
www.nysafah.org
<image001.png>
<image002.jpg> <image003.jpg> <image005.png>
This email and its contents are confidential. You are hereby notified that
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From: Lisa Gomez
To: Glen, Alicia
Subject: Re: SFY 2015-16 Housing Budget Chart ver 2.DOCX
Date: Wednesday, January 13, 2016 8:57:57 AM
You know I'm a protector. But I'm also a realist. I think there's a way for everyone to count
everything and if we need to suck it up to get the resources. So be it. We may also need to lever the
politics in ways we have t had to do in 15 years ( what I refer to as Byoc or bring your own cap. My
understanding is the 15/16 numbers were what was passed last jan and whatever gets announced
today are the new fiscal year
> On Jan 13, 2016, at 8:53 AM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>
> I'm still confused about what is actually in their current year budget, but have pur rogether that there
was big infusion last year, largely bc of settlement funds.
> If you guys have more clarity it would be great.
> And as a former HDC person, I do hope that you are a protector/believer in their abiility to do this
stuff really well and that any attempt to curb their business would be bad for affordable housing.
> We will be watching with baited breath.
> And I am totally jealous that you are getting out of the REBNY dinner.
>
> ----- Original Message -----
> From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
> Sent: Wednesday, January 13, 2016 08:47 AM
> To: Glen, Alicia
> Subject: Re: SFY 2015-16 Housing Budget Chart ver 2.DOCX
>
> Good luck today. Call me if I can clarify shit and be nice! Xo
>
> Sent from my iPhone
>
>> On Jan 12, 2016, at 9:43 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>>
>> So are the big numbers on the chart what is being spent right now???
>> Half of those programs I never even heard of and it seems odd he would have tripled the housing
budget last year without an accompanying Plan????
>>
>> ----- Original Message -----
>> From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
>> Sent: Tuesday, January 12, 2016 09:37 PM
>> To: Glen, Alicia
>> Subject: Re: SFY 2015-16 Housing Budget Chart ver 2.DOCX
>>
>> State fiscal year appropriations are on April 1 year.
>>
>> Sent from my iPhone
>>
>>> On Jan 12, 2016, at 8:45 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>>>
>>> It must be what might be enacted BC there are new programs, right? So the top column is MIS
named.
>>>
>>> Sent from my iPad
>>>
>>>> On Jan 12, 2016, at 8:14 PM, Lisa Gomez <lgomez@lmdevpartners.com> wrote:
>>>>
>>>> I haven't gone through this yet but. Wanted to get to you. I'll go through iIT shortly.
>>>>
>>>> <SFY 2015-16 Housing Budget Chart ver 2.DOCX>
>>>>
>>>>
>>>>
>>>> Sent from my iPhone
From: Lisa Gomez
To: Glen, Alicia
Subject: RE: SFY 2015-16 Housing Budget Chart ver 2.DOCX
Date: Wednesday, January 13, 2016 11:51:43 AM
I think the other factor in last year's budget was MRT.... which helped fund supportive and related
programs.
I'm going for rebny cocktails and then going to closing dinner w/ ... I think... your friend... Deb Wolfe
for our redstone investment.
-----Original Message-----
From: Glen, Alicia [mailto:AGlen@cityhall.nyc.gov]
Sent: Wednesday, January 13, 2016 8:53 AM
To: Lisa Gomez
Subject: Re: SFY 2015-16 Housing Budget Chart ver 2.DOCX
I'm still confused about what is actually in their current year budget, but have pur rogether that there
was big infusion last year, largely bc of settlement funds.
If you guys have more clarity it would be great.
And as a former HDC person, I do hope that you are a protector/believer in their abiility to do this stuff
really well and that any attempt to curb their business would be bad for affordable housing.
We will be watching with baited breath.
And I am totally jealous that you are getting out of the REBNY dinner.
> On Jan 12, 2016, at 9:43 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>
> So are the big numbers on the chart what is being spent right now???
> Half of those programs I never even heard of and it seems odd he would have tripled the housing
budget last year without an accompanying Plan????
>
> ----- Original Message -----
> From: Lisa Gomez [mailto:lgomez@lmdevpartners.com]
> Sent: Tuesday, January 12, 2016 09:37 PM
> To: Glen, Alicia
> Subject: Re: SFY 2015-16 Housing Budget Chart ver 2.DOCX
>
> State fiscal year appropriations are on April 1 year.
>
> Sent from my iPhone
>
>> On Jan 12, 2016, at 8:45 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>>
>> It must be what might be enacted BC there are new programs, right? So the top column is MIS
named.
>>
>> Sent from my iPad
>>
>>> On Jan 12, 2016, at 8:14 PM, Lisa Gomez <lgomez@lmdevpartners.com> wrote:
>>>
>>> I haven't gone through this yet but. Wanted to get to you. I'll go through iIT shortly.
>>>
>>> <SFY 2015-16 Housing Budget Chart ver 2.DOCX>
>>>
>>>
>>>
>>> Sent from my iPhone
From: Lisa Gomez
To: Glen, Alicia
Subject: If I see you tonight can we briefly chat
Date: Thursday, January 21, 2016 4:36:25 PM
If it gets a positive reaction from the deputy mayor, it's a good result.
Anyway it was nice to see the positive story (even if it had some inaccuracies)...it wasn't obvious when we met with him what his approach would be.
Coming from the times architectural critic, the message was a good one.
> On Jan 26, 2016, at 8:26 PM, Glen, Alicia <AGlen@cityhall.nyc.gov> wrote:
>
> Great story. Quite the hero.
>
>
> http://mobile.nytimes.com/2016/01/26/arts/design/how-to-build-affordable-housing-in-new-york-city.html?
rref=collection/sectioncollection/nyregion&action=click&contentCollection=nyregion®ion=stream&module=stream_unit&version=latest&contentPlacement=4&pgtype=sectionfront&_r=0&referer=
From: Ron Moelis <rmoelis@lmdevpartners.com>
Date: January 15, 2016 at 8:55:53 AM EST
To: "
Subject: Fwd: volume cap
In the Governors budget documents he changed the legislation that allocates volume cap to
require PACB approval of local issuance (including HDC) and requires ESDC sign off on
reallocations by municipalities (meaning the Citys ability to allocation volume cap to HDC
would be subject to ESDC approval)
<image001.jpg>
Deborah VanAmerongen
Strategic Policy Advisor
dvanamerongen@nixonpeabody.com
T 212-940-3054 | C 917-544-3250 | F 866-587-8709
Nixon Peabody LLP | 437 Madison Avenue | New York, NY 10022-7039
nixonpeabody.com | @NixonPeabodyLLP
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