Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: Private sale and redevelopment of the following City-owned properties: Block 2614, Lots 1, 2, 4, 5, 28, 30, 31, 32, 33, and 34, commonly known as 606 South10th Street, 9-11 Brenner Street, 15 Brenner Street, 521 Springfield Avenue, 523 Springfield Avenue, 527 Springfield Avenue, and 529 Springfield Avenue- forth-five (45) affordable housing units and a surface parking lotEntity Name: HELP Springfield Avenue Urban Renewal, LP Entity Address: 5 Hanover Square, 17th Floor, New York, New York 10004 Sale Amount: $95,832.00 Cost Basis: ( ) $ PSF ( ) Negotiated (X ) N/A ( ) Other: Assessed Amount: $ Appraised Amount: $ Contract Period: The effective date till the issuance of a Certificate of Completion of the entire Project) 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) 606 South10th Street, 9-11 Brenner Street, 15 Brenner Street, 521 Springfield Avenue, 523 Springfield Avenue, 527 Springfield Avenue, and 529 Springfield Avenue/Block 2614/Lots 1, 2, 4, 5, 28, 30, 31, 32, 33, and 34/South Ward Additional Information: Resolutions 7Rm050405, 7RDo(AS)061505, and 7Rg110685 Ordinance 6PHS&FF062106