Summary of Specifications:
The Corporation of the City of Yonkers (the “City”) through the Department of Planning and Development is seeking one or more qualified developers to acquire a city-owned property, the former Yonkers Public School 19 (“PS 19”) and redevelop the property. PS 19 is located in southwest Yonkers at 70 Jackson Street (Block 186, Lot 132). According to the City’s tax map the site is .92 acres, or 40,075 square feet. The site has 178 feet of frontage on Jackson Street, 225 feet of frontage on Groshon Avenue, and side lot lines of 200 feet and 209 feet. The PS 19 building was built in 1906 and is a 3-story brick structure and has been closed and vacant since December 1991. The site is located in an Urban Renewal Area subject to the Modified Urban Renewal Plan for Neighborhood Development Program (N.D.P.) Area No. 1 and N.D.P. Area No. 2, dated December 1998, as amended by the City Council on October 26, 2004 (the “Urban Renewal Plan”). The City is soliciting Proposals to establish a development contract all as further described herein. To be considered as qualified, proposers should have ten (10) years successful development experience with projects of similar scale. The City is seeking developers that can demonstrate the ability to execute this project without local governmental assistance and whose experience demonstrates the ability to adhere to strict time schedules. The City would like to see this project completed within three years from date of execution of an agreement with the City for acquisition and development, which agreement will require the approval of the Yonkers City Council.