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City Charter §1301(1)(B) FY 2016, Volume III

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City Charter §1301(1)(B) FY 2016, Volume III Annual Investment Projects Report Pursuant to City Charter §1301(1)(b) FY 2016, Volume III January 30, 2017 NEW YORK CITY. MAKE IT HERE. 110 William Street New York, NY 10038 Land Sale List Closing Postal No. Project Name Date Address City State Code Total Purchase Price 1 Mount Hope Community Center, Inc. 2/8/2005 55 East 175th Street Bronx NY 10453 $436,500.00 2 West-Chambers Street Associates, LLC 2/9/2005 177 West Street New York NY 10007 $40,448,220.00 3 Erma Realty, LLC #1 (2005) 3/1/2005 2074 Atlantic Avenue Brooklyn NY 11233 $210,000.00 4 Kingswood Partners LLC 4/29/2005 1630 East 15th Street Brooklyn NY 11229 $2,022,979.00 5 Modi Realty Inc #1 (2005) 3/31/2005 149 Powell Street Brooklyn NY 11212 $275,000.00 6 121-125 Development Realty, LLC 7/7/2005 121 East 110th Street New York NY 10029 $1,300,000.00 7 Charleston Enterprises, LLC 2/15/2005 West Shore Expressway Staten Island NY 10309 $15,000,000.00 8 20 Rewe Street, LTD. 7/12/2005 Cherry Street Brooklyn NY 11211 $407,664.00 9 Museum of Arts and Design 10/19/2005 990 8th Avenue New York NY 10019 $17,050,000.00 10 NY Brush, LLC 3/14/2006 650 Brush Avenue Bronx NY 10465 $4,250,000.00 11 Related Retail Hub, LLC 2/16/2006 2984 3rd Avenue Bronx NY 10455 $1,050,000.00 12 270 Greenwich Street Associates LLC 12/14/2005 270 Greenwich Street New York NY 10007 $110,082,967.00 13 Generation Next Of Zerega, LLC 4/26/2006 635 Seward Avenue Bronx NY 10473 $1,211,250.00 14 Plaza 163 LLC 4/12/2006 446 East 164 Street Bronx NY 10456 $722,636.50 15 Clarendon Holding Co., Inc. #5 (2006b) 1/19/2006 691 Zerega Avenue Bronx NY 10473 $1,391,606.00 16 Vista Maro, LLC 6/28/2006 154- 168 Brookville Boulevard Queens NY 11422 $2,254,244.00 17 Logan Property, Inc. 6/30/2006 154-68 Brookville Boulevard Ozone Park NY 11422 $3,834,460.00 18 ADD Holdings LLC 12/19/2006 134 Evergreen Avenue Brooklyn NY 11206 $38,000.00 19 John Catsimatidis 12/28/2006 180 Myrtle Avenue Brooklyn NY 11201 $4,726,440.00 20 Myrtle Owner LLC 3/16/2007 156 Myrtle Avenue Brooklyn NY 11201 $4,531,940.00 21 East Harlem Tutorial Program Inc. 6/7/2007 2040 2 Avenue Manhattan NY 10029 $1,470,000.00 22 QFC Associates LLC 6/26/2007 89-14 Parsons Boulevard Jamaica NY 11432 $8,000,000.00 23 Canarsie Plaza LLC 10/31/2007 8925 Avenue D Brooklyn NY 11236 $8,300,000.00 24 Erma Realty, LLC #2 (2008) 1/10/2008 2120 Atlantic Avenue Brooklyn NY 11233 $275,000.00 25 Hinsdale Commercial Property, LLC 7/9/2008 251 Snediker Ave Brooklyn NY 11207 $750,000.00 26 Allied 345 Retail, LLC 6/27/2008 345 Adams Street Brooklyn NY 11201 $5,770,000.00 27 5225, LLC 6/13/2008 16-16 Whitestone Expressway Whitestone NY 11357 $1,124,000.00 28 Clarendon Holding Co., Inc. #6 (2008) 3/24/2009 178 Sheffield Avenue Brooklyn NY 11207 $180,000.00 29 Seaview Senior Living Corporation 11/11/2009 Brielle Avenue Staten Island NY 10314 $1.00 30 Taystee Create LLC 6/13/2012 461 West 125th Street New York NY 10027 $3,425,000.00 31 Homeport I LLC 11/1/2011 455 Front Street Staten Island NY 10304 $7,410,000.00 32 Broadway Plaza 6/8/2012 5534 Broadway Bronx NY 10463 $7,500,000.00 33 210 Joralemon 4/30/2012 210 Joralemon Street Brooklyn NY 11201 $10,000,000.00 34 CJSA Realty LLC (Zerega Havermeyer) 6/11/2013 1200 Zerega Avenue Bronx NY 10473 $1,200,000.00 35 Goldex Limited aka 307 Rutledge 6/13/2013 307 Rutledge Street Brooklyn NY 11211 $1,030,000.00 36 Triangle Plaza Hub LLC (Hub at 149th Street) 11/30/2012 East 149th Street Bronx NY 10455 $2,060,000.00 37 Toys "R" Us - Delaware, Inc. 2/21/2013 2875 Flatbush Avenue Brooklyn NY 11234 $13,000,000.00 38 20 Lafayette LLC 7/1/2013 300 Ashland Place (113 Flatbush Ave) Brooklyn NY 11217 $16,500,000.00 39 Civic Center Community Group Broadway LLC 12/11/2013 346 Broadway New York NY 10013 $125,100,000.00 40 Flushing Commons, LLC 12/30/2013 37-10 37th Avenue Flushing NY 11101 $20,000,000.00 41 Bricktown Pass, LLC 12/20/2013 2995 Veterans Road West Staten Island NY 10307 $7,500,000.00 42 Flushing 40th Road 7/10/2014 135-15 40th Road Flushing NY 11354 $1,500,000.00 43 707 East 211th Street LLC 7/23/2014 707 East 211th Street Bronx NY 10467 $475,000.00 44 Yeshivah Rambam 10/8/2014 3340 Kings Highway Brooklyn NY 11234 $1,200,000.00 45 Gotham Center 6/30/2016 28-10 Queens Plaza South Long Island City NY 11101 $2,000,000.00 46 MTA East Houston Street 5/20/2016 19 East Houston Street New York NY 10012 $25,825,000.00 Land Sales Details Conveyance Usage Restriction Usage Restriction End Conveyance Restriction Restriction End No. Begin Date Date Usage Restriction Begin Date Date Conveyance Restriction (Deed Mod 12/28/2006): For 30 years from substantial completion, the premises, except of the Transfer Property, shall be used by non-profit groups for community recreation and education facilities that may contain meeting rooms and administrative office space and for such public use, including affordable housing, for the benefit of the residents (Deed Mod 12/28/2006): For 30 years from substantial completion, the of the City as the City shall approve, through the Director of the City's premises, except for the Transfer Property shall not be transferred to any Office of Management and Budget and (ii) the transfer Property shall be Person whose ownership of the premises or use thereof would jeopardize 1 2/8/2005 2/8/2038 used for affordable housing for the benefit of the residents of the City. 2/8/2005 2/8/2038 the tax exemption of bonds issued to provide Funding. For 10 years, the premises and any improvements thereon (except for the Community Facility and the DOE/NFP Space and any improvements thereon) shall be used for such residential or retail purposes, all to the extent permitted under the ULURP approval and under applicable For 10 years, Grantee shall not convey the premises (or any improvements zoning law, and for no other purposes, except with the prior written thereon) or any interest in either, except with the prior written approval of approval of Grantor, provided that if at least 75% of the Premises is grantor, such approval to be given, conditioned or denied in the reasonable 2 2/9/2005 2/9/2015 used for residential purposes, office use shall be a permitted use. 2/9/2005 2/9/2015 discretion of Grantor. For 5 years, Grantee shall not convey the premisis or any interest in either, except (i) as part of a bona fide sale of User's entire business or (ii) with prior writen approval of Grantor or (iii) to IDA in connection with financial For 5 years, the premises and any improvements thereon and the assistance provided by IDA to Grantee in connection with Grantee's Adjacent Property and any improvements there on shall be used in purchase of the premises and/or construction of the building space required connection with the non-residential business operations and corporate hereby to be constructed on the premises and the Adjacent Property; purposes of AM&G Waterprooging LLC and Park Ave Building & provided, however, that Grantee, its successors and assigns may not Roofing Supplies, LLC, primarily in connection with User's operational, convey the premises or any interest in either, or the Adjacent Property or retail, storage and warehouse purposes as building exterior and any interest in either, at any time, except to IDA as indicated above until the restoration and waterproofing companies and for no other purposes, Construction required on the premises and/or the Adjacent Property has 3 3/1/2005 3/1/2010 except with prior writen approval of Grantor. 3/1/2005 3/1/2010 been completed, except with the prior written approval or the Grantor. For 5 years from when Phase II Construction is substantially complete, For 5 years from when Phase II Construction is substantially complete, (i) the premises and any improvements thereon shall be used in Grantee shall not convey the premises (or any improvements thereon) or connection with the non-residential business operations and corporate any interest in either, except with the prior written approval of Grantor; purpose of retail and commercial tenants including parking, and for no provided, however, that Grantee, its successors and assigns may not other purposes, except with the prior written consent of Grantor; and (ii) convey the premises (or any improvements thereon) or any interest in either for 10 years from date of deed, that portion of the premises containing at any time until the Phase I Construction and the Phase II Construction the Stand Alone Garage shall be used for an attended parking facility, required by the deed have been completed, except with prior written 4 4/29/2008 4/29/2015 unless another purpose is previously approved in writing by Grantor. 4/29/2008 4/29/2013 approval of Grantor.
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