Summary of Specifications:
DETAILS: The City of Yonkers (the “City”), through the Bureau of Community Development (the “BCD”), is seeking to select an experienced developer to redevelop former Yonkers Public Scholl 19 (“PS 19”) into residential use under the Urban Renewal Plan.
PS 19 is located in southwest Yonkers at 70 Jackson Street (Block 186, Lot 132) and also has frontage through to the next street, Groshon Avenue. The building is located in an “A” zone – elevator apartment houses, highest density. The site is located in the Neighborhood Development Program (“NDP”) area #2 under the Urban Renewal Plan. It is also located in the City’s Empire Zone.
PS 19 was built in 1906 and is a 3-story brick structure and has been closed and vacant since December 1991. The site is .92 acres or 40,075 square feet.
Applicants responding to this RFP will be expected to promote a plan that supports the conversion of PS 19 into additional market rate residential units.
To be considered qualified, Proposers must have ten years successful experience with developing residential properties. The City is seeking developers that can demonstrate the ability to execute this project without local governmental assistance.
It is the City’s intention to transfer the property to the Yonkers Community Development Agency (the “YCDA”) and the YCDA will lease the property to the Developer until construction has been completed and accepted by the City, after which the Developer will purchase the property from the YCDA.
A site inspection will be held on Thursday, August 10, 2006 at 10 AM at the main entrance on 70 Jackson Street. If planning to attend, please contact Tom Collich at 914-377-6035 to confirm date and time.
The City of Yonkers welcomes all qualified vendors to participate in our solicitations, and we encourage participation from local and Minority and Women Business Enterprises.