Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: First Amendment Redevelopment Agreement Purpose: To update project descriptions, project timelines, and acquisition costs with regard to the sale and redevelopment of City-owned properties located within the Central and West Wards Entity #1: Fairmount Senior Genesis Housing Urban Renewal Partnership, LLC., Entity Address: 594 Broadway, Suite 1107, New York, NY 10012 List of Property: (Address/Block/Lot/Ward) Block 259, Lots 21 and 22 and more commonly known as 130 Fairmount Avenue, 124-128 Fairmount Avenue (West Ward); Block 1826, Lots 35, 36, 38, 39, 40, 41 and 62, and more commonly known 111 11th Avenue, 113-115 11th Avenue, 117 11th Avenue, 200 South 11th Street, 198 South 11th Street, 196 South 11th Street, and 107-109 11th Avenue (West Ward) Sale Amount: $114,100.00 Entity #2: Genesis Central Avenue Partners, LLC. Entity Address: 594 Broadway, Suite 1107, New York, NY 10012 List of Property: (Address/Block/Lot/Ward) Block 20, Lot 1, 32 Central Avenue (a/k/a/ 17-21 Halsey Street) (Central Ward) Sale Amount: Fair Market Value less the environmental credit Additional Information: N/A