Last night Community Board 3 approved a resolution in support of the conversion of a stalled hotel project at 180 Ludlow Street into a rental apartment building. But several affordable housing advocates on the board insisted on adding more specific language in the resolution, detailing the developer's concessions to the community. Last week, we reported on the approval of the proposal by a committee of CB3. The developer, Serge Hoyda, lost his financing for the hotel – and he was unable to find a bank that would finance a residential project with a large number of "affordable" units. Also last night, CB3 finalized its budget priorities – the items they would like to see the city fund in the coming fiscal year. They called on the NYPD to restore funding to the specialized "cabaret units," but due to opposition from two board members who are also bar owners, they dropped it down on the list of priorities. As we explained earlier this month, the Police Department eliminated the cabaret teams – units devoted to dealing with disturbances at bars and clubs – due to budget cutbacks. We'll have more on both of these stories later today.
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