Accessibility questions: jackie.galory@mocs.nyc.gov, by Wednesday, July 7, 2021 10:00 AM
CORRECTED NOTICE
PLEASE TAKE NOTICE that a public hearing will be held on July 14, 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 the Brooklyn:
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135 Menahan Street |
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Under HPD's Multifamily Preservation Loan Program, sponsors purchase and rehabilitate City-owned vacant and/or occupied multifamily buildings in order to create affordable rental housing units with a range of affordability. Construction and permanent financing is provided through loans from private institutional lenders and from public sources, including HPD.
HPD has designated Riseboro TPT X Housing Development Fund Corporation ("Sponsor") as qualified and eligible to purchase and redevelop the Disposition Area under the Multifamily Preservation Loan Program. HPD proposes to sell the Disposition Area to the Sponsor at the nominal price of one dollar ($1) per building. The Sponsor then will rehabilitate one (1) multiple dwelling in the Disposition Area. When completed, the project will provide approximately six (6) rental dwelling units.
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.