Office of Policy Management

We propose a new framework for public benefit agreements in New York City based on the principles of accountability, transparency, inclusiveness, consistency and fiscal responsibility.  We expect that, if implemented, these recommendations will create a more predictable development process that limits uncertainties for the City, the developer and the community. 

The Task Force studied past and present benefit agreements in New York City and around the country in order to devise a process that provides clear expectations, broad-based participation and enforceable benefits that comply with current legal standards.  The resulting recommendations will not apply to every development in New York City, but rather major projects that have the potential for significant neighborhood impacts.  While the report includes suggestions relating to the negotiation process, methods to increase informed participation, and enforcement mechanisms and protections against conflicts of interest, the proposals do not add additional time to an already lengthy land use process.

View the report
View the press release

Contact 

For comments or suggestions on public benefit agreements, please e-mail pba@comptroller.nyc.gov.