I am writing this article as to inform the Citizens of Grand Island as to “What is a Deed Restriction?” I want to educate everyone to what the Mary Cooke and her Administration did unanimously at 8:01am on October 5, 2015 just days before the election.
Real estate deed restrictions are written into a property’s deed and can take the form of conditions, covenants, and restrictions. The property’s past or present owner, developer, builder, neighborhood, or homeowners association usually imposes them or is subject to them.
In this case the Apartment Project could only build 6 units per acre, after the deed restriction was removed the Apartment Project could build 9 units per acre. This had tremendous value to the Developer.
I want all Grand Island residents to know that:
- Mary Cooke, Gary Roesch, Ray Billica and Chris Aronica voted for this.
- This vote gave the Developer a 50% increase in value to his project
- This was done in secret at 8:01am with no notice to anyone in the public.
- The Town of Grand Island received $0.00 for them doing this.
Here is what they did CLICK HERE!
Here is how New York City removes a Deed Restriction. CLICK HERE TO SEE!
Now I ask all of you Grand Island Residents, why do you think Mary Cooke, Gary Roesch, Ray Billica and Chris Aronica did this?
No Fee. No public Notice. No Public Hearing. No Agenda. And done at 8:01am.
To explain, New York City charges a huge fee to remove any Deed Restriction. It takes about 7 months. It is done with appraisals and public hearings. What did the Town of Grand Island get $0.00. What did Mary Cooke, Gary Roesch, Ray Billica and Chris Aronica get to do this?
Proposed Rules: Closed to Comments (View Public Comments Received:3)
Tuesday, November 1, 2016
Proposed Rules Content:
STATEMENT OF BASIS AND PURPOSE
In conjunction with rulemaking conducted by the Department of Citywide Administrative Services (DCAS), the Mayor’s Office is proposing to revise the process by which certain deed restrictions are modified or removed by the City of New York.
Deed restrictions are covenants that limit the uses of property. DCAS and other City agencies have imposed deed restrictions on thousands of properties throughout the City, both through the process by which City-owned properties are sold and also through the Uniform Land Use Review Procedure.
These rules will add new layers of review regarding proposed amendments to certain deed restrictions. A committee composed of officials from the Mayor’s Office, Office of Management and Budget, and Office of the Corporation Counsel will review each proposed modification or removal of a deed restriction recommended for approval by DCAS before the proposed modification or removal is presented to the public and to the Mayor. The committee shall also determine the amount of any consideration required in connection with such proposed modification or removal. Requests for modification or removal presented to the committee for approval must also be approved by the Mayor to take effect. In addition, proposed modifications or removals of deed restrictions submitted to the Department of Housing Preservation and Development will be reviewed for approval by the Mayor or a Deputy Mayor who oversees housing and/or economic development.
The Mayor’s Office’s authority for this rule is found in Section 1043 of the New York City Charter.