Notice Details

Corrected Notice

 

PLEASE TAKE NOTICE that a public hearing will be held on June 9, 2021 at 10:00 AM. The Public Hearing will be held via Conference Call. Call-in #: 1-646-992-2010, Access Code 717-876-299.

 

Pursuant to Section 695(2)(b) of the General Municipal Law and Section 1802(6)(j) of the Charter, 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 Queens:

 

Address                                                                                    Block/Lot(s)

        1-99 Beach 41st Street                                                               15874/p/o 8

        1-59 Beach 41st Street                                                               15874/p/o 41           

        175 Beach 42^nd Street                                                                 15875/p/o 1

        181 Beach 43^rd Street                                                                 15876/p/o 1

        Part of demapped Beach 42^nd Street

        Part of demapped Beach 43^rd Street

 

(Tentative Block 15876, Lots 1 and 2)

                                                                                                       

                                   

Under the proposed project, the City will sell the Disposition Area to Arverne East – MPB Owner LLC ("Sponsor") for the negotiated price of one dollar per tax lot.  The Sponsor will also deliver an enforcement note and mortgage for the remainder of the appraised value (“Land Debt”).  The Sponsor will then construct a community facility building on the Disposition Area that will be associated with a nature preserve that the Sponsor will simultaneously construct on adjacent City-owned property.  The community facility building will contain approximately 2,400 square feet of community facility space and accessory parking.  The Sponsor will also develop approximately 2 acres of the Disposition Area as open space, for uses such as an urban farm.

The Land Debt will be repayable out of resale or refinancing profits for a period of at least thirty (30) years following completion of construction.  The remaining balance, if any, may be forgiven at the end of the term.

 

The appraisal and the proposed Land Disposition Agreement and Project Summary are available for public examination by emailing Margaret Carey at careym@hpd.nyc.gov on business days during business hours.

 

The hearing location is accessible to individuals using wheelchairs or other mobility devices.  For further information on accessibility or to make a request for accommodation, such as sign language interpretation services, please contact the Mayor’s Office Of Contract Services (“MOCS”) via e-mail at disabilityaffairs@mocs.nyc.gov or via phone at (212) 298-0734.  .  TDD users should call Verizon relay services.  Any person requiring reasonable accommodation for the public hearing should contact MOCS at least three (3) business days in advance of the hearing to ensure availability.