phone: (646) 664-2700
email: CUNY.Builds@cuny.edu
PIN#MC-CUCF-18-22 Due:
The City University Construction Fund (“CUCF”), on behalf of the City University of New York (“CUNY”) is issuing this Request for Proposals (“RFP”) to redevelop via a public-private partnership the Site located at One Amsterdam Avenue, New York, NY 10019 as further described in this RFP. The RFP seeks Proposals from qualified developers to redevelop the Site under both fee purchase and long-term ground lease scenarios.
The redevelopment of the Site must include a minimum of 355,000 GSF to house CUNY operations, including classrooms, laboratories, offices, academic and student support, and meeting spaces (the “CUNY Facility”).
In addition to providing the CUNY Facility, redevelopment of the Site must also represent highest and best use (“Best Use”) of the land in order to maximize the financial return to CUCF. CUCF anticipates that redevelopment of the Site will optimally yield the following:
1. The Selected Developer will fund and build the CUNY Facility;
2. Selected Developer will purchase or ground lease the Site for a price that maximizes the value to CUCF;
3. The CUNY Facility Cost will be the full capital cost of developing and constructing the CUNY Facility through construction completion, including, but not limited to, the cost of approvals and permitting; CUCF legal fees; and all design, construction, and project management costs including CUCF costs for owner’s representation (the “CUNY Facility Cost”);
4. Upon completion, the CUNY Facility will be turned over as a turnkey facility to CUNY and CUNY shall commence use and operation of the CUNY Facility for its educational purposes.
A copy of the solicitation that more fully describes the procurement process, submission requirements, evaluation criteria, timeline and Designated Contacts information is available for downloading at www.cuny.edu/cunybuilds, under Current and Upcoming Procurements.
Proposals are not to be submitted in person. All proposals must be submitted electronically using the Dropbox Link which can be found on the CUNY Builds website: www.cuny.edu/cunybuilds
