Resolution approving the application submitted by the New York City Department of Housing Preservation and Development (“HPD”) and the decision of the City Planning Commission, ULURP No. C 240402 HAK, approving the designation of an Urban Development Action Area, an Urban Development Action Area Project, and the disposition of city-owned property located at 581 Grant Avenue (Block 4223, Lot 1), Borough of Brooklyn, Community District 5, to a developer selected by HPD (L.U. No. 234; C 240402 HAK).