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NYC Department of Housing Preservation & Development
Homebuyers

Asset Sales Program

  ASSET SALES PROGRAM REQUEST FOR OFFERS

The Department of Housing Preservation and Development (HPD) is requesting offers from parties interested in purchasing commercial property. Both individuals and business entities are invited to participate in this initiative to return these buildings to private ownership. These properties will be sold in “as-is” condition to offerors meeting the criteria described in this RFO. The ability to secure financing to satisfy the purchase price is the sole responsibility of the purchaser.

Asset Sales is designed to sell occupied City owned multiple dwelling buildings to prospective eligible residential and commercial tenants. Properties will be sold in "as is" condition. HPD will not provide construction or permanent financing. In the event that the residential or commercial tenants do not purchase, these properties will be made available through a Request for Offers (RFO) process.

For additional information on Asset Sales, please call Charles Marcus at (212) 863-8961.

The Department of Housing Preservation and Development is requesting offers from parties interested in purchasing residential property. Both individuals and business entities are invited to participate in this initiative to return these buildings to private ownership. These properties will be sold in “as-is” condition to offerors meeting the criteria described in this RFO. The ability to secure financing to satisfy the purchase price is the sole responsibility of the purchaser. A pre-submission conference will be held at HPD 100 Gold Street, 8th Floor Room 8P6, New York, New York, on Monday, May 21, 2012 at 10:30 a.m. 

Click here to download the Asset Sales Program RFO.  



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