Notice Details

PUBLIC NOTICE

 

CITY OF NEW YORK

DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT

 

PUBLIC HEARING in the matter of the amendment to the terms and conditions of certain real property previously conveyed by the City of New York (“City”), as submitted by the Department of Housing Preservation and Development (“HPD”), pursuant to Section 695(2)(b) of the General Municipal Law and Section 1802(6)(j) of the Charter, located in the Borough of Brooklyn and known as:

 

                                        BLOCK             LOT          ADDRESS

                                        3675                 8             249 Mother Gaston Boulevard

                                                                                           

on the Tax Map of the City and as 249 Mother Gaston Boulevard (“Disposition Area”). 

 

This submission is a request to convey the Disposition Area to Park Monroe Housing Development Fund Corporation. On December 12, 1996 (Cal. No. 20) and May 7, 1997 (Cal. No. 92), the Mayor approved the conveyance of Block 3675, Lots 4 and 7; Block 1372, Lot 20; and Block 3551, Lot 34 in Brooklyn to William L. Chisolm Housing Development Fund Corporation (“Original Sponsor”) for the rehabilitation of four multiple dwellings containing a total of sixty-two (62) affordable dwelling units under the Special Initiatives Program.  One of the multiple dwellings was 249-51 Mother Gaston Boulevard, which contained nineteen (19) dwelling units.  At the time, the City believed that the entire building was on Block 3675, Lot 7.

 

The City conveyed the four lots to the Original Sponsor on June 10, 1999 (“Original Conveyance”).  At the time of sale, the Original Sponsor executed a regulatory agreement with HPD and delivered an enforcement note and mortgage. The Original Sponsor completed the rehabilitation.  In 2006, the four properties were transferred under a bankruptcy proceeding to Park Monroe Housing Development Fund Corporation (“Park Monroe”).  

 

Park Monroe later discovered and HPD confirmed that 249-51 Mother Gaston Boulevard actually stood on two lots, Block 3675, Lots 7 and 8.   However, while Lot 7 was part of the Original Conveyance, Lot 8 was never conveyed due to the misunderstanding that the entire building was on Lot 7. 

 

This submission is intended to rectify that error and seeks approval to convey Block 3675, Lot 8 to the Current Owner for the nominal price of one dollar ($1.00), so that the entire 249-51 Mother Gaston Boulevard will be owned by Park Monroe.  Upon such sale, the regulatory agreement and enforcement mortgage will be amended to cover Lot 8 so that all of 249-51 Mother Gaston Boulevard will become legally subject to such documents.  

 

PLEASE TAKE NOTICE that a public hearing will be held on December 20, 2017 at 1 Centre Street, Mezzanine, Manhattan 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 ten (10) business days prior to the public hearing.  TDD users should call Verizon relay services.