Dept./ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Subordination and Intercreditor and Estoppel Agreements Purpose: Issuance of Estoppel Certificate and Subordination Intercreditor Agreement. Entity Name: Two Center Street Urban Renewal, L.L.C. Entity Address: c/o Dranoff Properties, Inc., 755 South Broad Street, Philadelphia, Pennsylvania 19147 Sale Amount: $0.00 Cost Basis: ( ) $ PSF ( ) Negotiated ( X ) N/A ( ) Other: Assessed Amount: $0.00 Appraised Amount: $0.00 Contract Period: Not Applicable Contract Basis ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Property: 34-40 Park Place (Address/Block/Lot/Ward) Block 125, Lot 26/ Central Ward Additional Information: Ordinance 6PSF-h adopted on July 7, 2016, authorized the execution of an Amended Restated Financial Agreement.