Public hearing for Miroza T4 LLC project on May 4, 2026.
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- Published
- Category
- Public Hearing
- City
- Yonkers
Research context
What to do next
- 1
Attend the Public Hearing
Join the hearing on May 4, 2026, at 11:30 a.m. at the Agency's office.
- 2
Submit Written Comments
Send your comments to the Agency by May 3, 2026, via email or mail.
- 3
Watch Online
Access the live stream of the hearing at https://yonkersida.com/live-stream/.
Frequently asked questions
- What is the public hearing about?
- It's regarding Miroza T4 LLC's application for financial assistance for a residential project.
- When is the public hearing scheduled?
- The hearing is on May 4, 2026, at 11:30 a.m.
- How can I submit comments?
- Comments can be sent to the Agency's office or via email by May 3, 2026.
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Full Notice Text
NOTICE OF PUBLIC HEARING ____________________ NOTICE IS HEREBY GIVEN that a public hearing pursuant to Section 859-a and Article 18-A of the New York General Municipal Law will be held on Monday, May 4, 2026, at 11:30 a.m., local time, by the City of Yonkers Industrial Development Agency (the "Agency") at the Agency's offices at 470 Nepperhan Avenue, Suite 200, Yonkers, New York 10701, in connection with the following matter: MIROZA T4 LLC, for itself and/or a special purpose entity formed or to be formed by or on its behalf or controlled by it (collectively, the "Company") has submitted an application (the "Application") to the Agency requesting the Agency's assistance with a certain project (the "Project") consisting of: (A) the acquisition or retention of the land, including, but not limited to, all easements, licenses, and other real property interests owned or controlled by the Company where improvements benefitting the Project are situated, commonly known as 599 Ridge Hill Boulevard, City of Yonkers, New York (Section 4, Block 4076, Lot 10) (the "Land"); (B) the construction, improving and equipping on the Land of a residential rental facility containing approximately 174 residential rental units, with access to already existing shared residential amenities (the "Improvements); and (C) the acquisition and installation in and around the Land and Improvements of certain items of equipment and other tangible personal property (the "Equipment", which together with the Land and Improvements are the "Facility"). The Agency will acquire (or retain) title to or a leasehold interest in the Facility and lease the Facility back to the Company. The Company will operate the Facility during the term of the lease. At the end of the lease term, the Company will purchase the Facility from the Agency, or if the Agency holds a leasehold interest, the leasehold interest will be terminated. The Agency contemplates that it will provide financial assistance (the "Financial Assistance") to the Company in the form of: (a) a partial real property tax abatement, (b) a sales and use tax exemption for purchases and rentals related to the acquisition, construction and equipping of the Facility and (c) an exemption from State and local mortgage recording taxes to the extent permitted by law. A representative of the Agency will be present at the above-stated time and place to present a copy of the Application and hear and accept written and oral comments from all persons with views in favor of or opposed to or otherwise relevant to the proposed Financial Assistance. The Agency will provide access to the public hearing by broadcasting the public hearing in real time online at https://yonkersida.com/live-stream/. The Agency encourages all interested parties to submit written comments to the Agency, which will be included within the public hearing record. Any written comments may be sent to City of Yonkers Industrial Development Agency, 470 Nepperhan Avenue, Suite 200, Yonkers, New York 10701, Attention: Executive Director and/or via email at info@yonkersida.com with the subject line being "Miroza T4 LLC Project" no later than May 3, 2026. Dated: April 20, 2026 CITY OF YONKERS INDUSTRIAL DEVELOPMENT AGENCY April 24 2026 LNYS0504942
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