Notice Details

PUBLIC NOTICE

 

The Department of Housing Preservation and Development ("HPD") of the City of New York ("City") has proposed the sale of certain City-owned real property located in the Borough of Manhattan, City and State of New York, known as:

 

Address                                                                          Block/Lot

 

602 West 132^nd Street                                                       1998/38                                                                                               

 

on the Tax Map of the City (the “Disposition Area”).

 

The Disposition Area is improved by a multiple dwelling containing 30 residential units that is under HPD’s Tenant Interim Lease (“TIL”) Program.  The Disposition Area is located within the area covered by the Columbia University Educational Mixed-Use Development Land Use Improvement and Civic Project (“Improvement Project”) established by the New York State Urban Development Corporation d/b/a Empire State Development (“ESD”), which is a component of the Manhattanville in West Harlem Rezoning and Academic Mixed Use Development Project.  The Improvement Project includes the expansion of the Columbia University (“Columbia”) campus.  Columbia wishes to acquire the Disposition Area, demolish the existing building, and use the Disposition Area as part of its campus expansion.

 

The tenants in the building on the Disposition Area (“Tenants”) have moved into a new building constructed by Columbia at 600 West 148th Street (a/k/a 3595-3599 Broadway), New York, New York 10031 (“New Building”).  The Tenants have formed a housing development fund corporation (“Tenant HDFC”) and, through the Tenant HDFC, will acquire a portion of the New Building from Columbia (“Co-op Portion”) and thereafter operate the Co-op Portion as affordable cooperative housing pursuant to a Regulatory Agreement with HPD. Simultaneously with the Tenant HDFC’s acquisition of the Co-op Portion, the City will convey the Disposition Area to ESD for a nominal price of one dollar ($1.00) and then ESD will convey the Disposition Area to Columbia for a nominal price of one dollar ($1.00).

 

Pursuant to Section 14(2) of the Urban Development Corporation Act (“UDC Act”), by letter dated February 21, 2018, ESD requested that the City convey the Disposition Area to ESD and certified that the conveyance is necessary or convenient for ESD’s corporate purposes.

 

The proposed Deed from the City to ESD is available for public examination at the office of HPD, 100 Gold Street, Room 5-I, New York, New York during its regular hours on weekdays from 9:00 a.m. to 5:00 p.m.

 

PLEASE TAKE NOTICE that a public hearing will be held on March 28, 2018 at 1 Centre Street, Manhattan, 20^th Floor, Conference Room D 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 14(2) of the UDC Act.

 

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 seven (7) business days prior to the public hearing.  TDD users should call Verizon relay services.

 

 

Publication Date: February 26, 2018