Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Redevelopment Agreement Purpose: To authorize the execution of a Redevelopment Agreement with Ballantine EFG Property Owner Urban Renewal, LLC. Entity Name: Ballantine EFG Property Owner Urban Renewal, LLC Entity Address: 292 Madison Avenue, 24th Floor, New York, New York, 10017 Contract Amount: $0.00 Development Agreement Term: City Contribution to Development Project: ( ) Grant or Loan ( ) Guarantee ( ) None (X) Other (PILOT approved via Ordinance 6PSF-c adopted on January 5, 2022) Developer Investment: (Not Applicable) Developer Third-Party Financing Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Property: (Address/Block/Lot/Ward) 74-82 Freeman Street/ Block 2474/Lot 1.02/East Ward 428-442 Ferry Street/Block 2474/Lot 8 (and add’l Lot 14)/East Ward Additional Information: