New York
Menu

Committee on Finance · Dec 18, 2025

Thursdayat least 17 min9 officials identified0 public speakers18 agenda itemsRoll call: 15 present, 1 excused, 1 absent (clerk)Video: Viebit

The Committee on Finance met to vote on a set of items including Intro 570B, a bill to establish a land bank for New York City.

  • Oct 252
  • Nov 253
  • Dec 252
  • Jan 261
  • Feb 261
  • Mar 264
  • Apr 262
  • May 265
  • Jun 269
  • Jul 262
  • Aug 263
  • Sep 262
  • Oct 262
34 of 38 meetings transcribed, Oct 24, 2025 to Oct 22, 2026.This meeting: Dec 18, 2025

Click any time stamp on this page to jump the video there.

Agenda · 18 itemsShowHide
  1. 3:46Subject to the approval of the New York State Urban Development Corporation, this bill would establish a land bank for New York City, which would have a board comprised of the mayor or their designee; the commissioner of
  2. 6:35Currently, the City has authority to sell tax liens through 2028 pursuant to methods authorized in the administrative code. This bill would amend the administrative code to authorize the City to sell tax liens to a New Y
  3. 6:47This bill would require the commissioner of finance to notify the board of managers of a condominium if the commissioner intends to sell a tax lien on a unit within the condominium.
  4. 7:07This bill would require the commissioner of finance to submit to the council and post online an annual report on properties encumbered by chronically unresolved tax liens—defined as tax liens that remain unsatisfied for
  5. 7:31This bill would require the commissioner of finance to require purchasers of tax liens to make best efforts to transfer such liens to the New York city land bank (land bank) upon certain triggering events. Lien purchaser
  6. 7:46This bill would establish the Coney Island Business Improvement District (“BID”) in the borough of Brooklyn.
  7. 7:52This bill would permanently extend the deadline for submission of the PMMR in years following the election of a mayor in light of the adoption of the ballot proposal of the Mayor’s 2024 Charter Revision Commission that e
  8. 8:13Approving the new designation and changes in the designation of certain organizations to receive funding in the Expense Budget.
  9. 8:31Appropriation of new City revenues in Fiscal Year 2026 in the amount of $512.1 million (MN-2).
  10. 8:31M 207 - Approving a modification (MN-2) pursuant to section 107(e) of the Charter of the City of New York .
  11. 8:47129 23rd Street (A):, Brooklyn, Community District 7, Council District 38.
  12. 8:47129 23rd Street (B):, Brooklyn, Community District 7, Council District 38.
  13. 8:47Tysens Park Apartments:, and 65, Staten Island, Community District 3, Council District 50.
  14. 8:471692/1702/1706 Union Street:, Brooklyn, Community District 9, Council District 35.
  15. 8:47Longfellow Hall:;;, Bronx, Community Districts 1, 2, and 3, Council District 17.
  16. 8:47BK Cluster Phase II:;, Bronx, Community District 2, Council District 17.
  17. 8:47Item title withheldit could name a private person
  18. 8:47Malcolm X II Phase B:, Manhattan, Community District 10, Council District 9.

What happened

Each sentence checked against the transcript.

  1. The Committee on Finance met to vote on a set of items including Intro 570B, a bill to establish a land bank for New York City.0:39
  2. The chair read the remaining items: tax lien bills Intros 1407A, 1411, 1419A and 1420A, Intro 1427 on the Coney Island Business Improvement District, and a bill extending the PMMR deadline.6:08
  3. The chair also read a transparency resolution, a FY26 budget modification appropriating new city revenues of $512.1 million, and eight preconsidered resolutions approving real property tax exemptions.6:08
  4. A Department of Small Business Services deputy commissioner reported that no objections were filed with the City Clerk against the proposed Coney Island Business Improvement District.11:51
  5. No other registered witnesses came forward to testify on the legislation, and the committee clerk then called the roll with all items coupled.13:19

Who spoke

9 officials identified · talk time, most first.

Show 1 moreShow fewer

Roll call: 15 present, 1 excused, 1 absent. From the clerkPublic comment: 0 speakers.

How we count

Each summary sentence is checked against the transcript before it is published; in a blind check, 144 of 150 sentences were right. A voice gets an official’s name only when two AI readers and a code check agree, so the minutes undercount and are not attendance. Officials only: members of the public are counted, never named, shown or quoted, and full transcripts aren’t published because they can carry their names. More on how we know

Cite this page

Hamlet, “Committee on Finance, Dec 18, 2025: New York.” https://cities.myhamlet.com/nyc/finance/meetings/2025-12-18. Data as of Oct 9, 2026 (version d14b03c); meeting of Dec 18, 2025.