PUBLIC NOTICE
Pursuant to Section 695(2)(b) of the General Municipal Law and Section 1802(6)(j) of the Charter, notice is hereby given that the Department of Housing Preservation and Development ("HPD") of the City of New York ("City") has proposed the sale of the following City-owned property (collectively, "Disposition Area") in the Borough of the Bronx:
Address Block/Lot(s)
906 East 176th Street 2958/ p/o 106
916 East 176th Street 2958/ p/o 109
In 1999, the City conveyed Block 2958, Lot 111, Lot 113, Lot 114, p/o Lot 106 and p/o Lot 109 in the Bronx to Brewran Corporation (“Brewran”) for the development of office space and ancillary parking and retained ownership of the remaining portions of Lots 106 and 109. Brewran completed the project and leased the building and parking to the federal government for use by the Social Security Administration, which is still using the property. In 2000, Brewran conveyed the property to its affiliate, Claremont Westfarms, LLC, which is the current owner.
Although additional parking was needed on the portions of Lots 106 and 109 that the City retained, the conveyance of those portions was initially delayed pending the completion of a ULURP for a Zoning Map Amendment to extend a commercial overlay to permit the additional parking area. The ULURP was completed in 2009. This submission is for the conveyance of the remaining portions of Lots 106 and 109 for use as additional parking by the Social Security Administration.
Under the proposed project, the City will sell the Disposition Area to Claremont Westfarms, LLC ("Sponsor") for the negotiated price of Thirty-one Thousand Eight Hundred and Thirty Dollars ($31,830.00) ("Disposition Price"). The Disposition Price is based upon the square foot rate from the 1999 sale with an inflation factor based on the Consumer Price Index.
The Sponsor will provide approximately 3,404 square feet of parking on the Disposition Area for the adjacent Social Security Administration office building.
The appraisal and the Deed and Project Summary are available for public examination at the office of HPD, 100 Gold Street, Room 5-I, New York, New York on business days during business hours.
PLEASE TAKE NOTICE that a public hearing will be held on June 7, 2017 at 1 Centre Street, Manhattan, Mezzanine at 10:00 a.m., or as soon thereafter as the matter may be reached on the calendar, at which time and place those wishing to be heard will be given an opportunity to be heard concerning the proposed sale of the Disposition Area pursuant to Section 695(2)(b) of the General Municipal Law and Section 1802(6)(j) of the Charter.
Individuals requesting sign language interpreters should contact the Mayor's Office Of Contract Services, Public Hearings Unit, 253 Broadway, Room 915, New York, New York 10007, (212) 788-7490, no later than five (5) business days prior to the public hearing. TDD users should call Verizon relay services.