Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Assignment of Contract Agreement Purpose: To consent to the Assignment of a Redevelopment Agreement and a Financial Agreement from Ballantine EFG Property Owner Urban Renewal, LLC to Ballantine F Property Owner Urban Renewal, LLC; and to execute an Estoppel Certificate for Ballantine F Property Owner Urban Renewal, LLC to Santander Bank, N.A. Entity Name: Ballantine F Property Owner Urban Renewal, LLC Entity Address: 292 Madison Avenue, 24th Floor, New York, New York, 10017 Contract Amount: Not Applicable Funding Source: Not Applicable Contract Period: Not Applicable Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X ) n/a List of Property: 74-82 Freeman Street/Block 2474/Lot 1.02/East Ward 428-442 Ferry Street/Block 2474/Lot 8/East Ward Additional Information: Ordinance 6PSF-I adopted on August 7, 2013. Ordinance 6PSF-b adopted on April 7, 2021. Ordinance 6PSF-c adopted on January 5, 2022. Resolution 7R2-i(AS) adopted on January 20, 2022.