Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Simultaneously rehabilitate the property along with its attached residential property at 106 Highland Avenue, Newark, New Jersey 07104 Entity Name: Harness Homes Group, LLC Entity Address: 902 Broadway, 6th Floor, New York, New York 10010 Sale Amount: $25,000.00 Cost Basis: ( ) $ PSF (X) Negotiated ( ) N/A ( ) Other: Assessed Amount: $37,800.00 Appraised Amount: N/A Contract Period: To be commenced within three (3) months and be completed within twelve (12) months from the transfer of ownership of the Property by the City Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 104 Highland Avenue/Block 540/Lot 86/North Ward Additional Information: