ApprovedOther
62.5-72 Prospect Avenue Financial Agreement
Description
PILOT financial agreement adopted 4-1 after debate over facade design, parking and the $2,500-per-unit community benefit (about $130,000 for 52 units).
Impact summary
Redevelopment of a long-studied site with increased parking and negotiated community benefit funds.
Applicant
- Name
- 62.5-72 Prospect Urban Renewal LLC
- Address
- 62.5-72 Prospect Avenue (Block 449, Lots 21, 22 & 23)
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · City Council
Approved4–1
Last discussed Jan 21, 2026.
Meeting timeline (1)
Related issues (1)
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