FOR IMMEDIATE RELEASE
May 22, 2000
Press Contacts: Carol Abrams (212) 863-5176
HPD Issues A Request For Proposals for Vacant Buildings
New York City Department of Housing Preservation and Development (HPD) Commissioner Richard T. Roberts issued a Request for Proposals (RFP) for the Vacant Buildings 2000 Program. The Program is a new initiative through which HPD will sell vacant, multi-family buildings owned by the City for development into affordable condominiums, cooperatives and rental apartment buildings.
The buildings are located in Northern Manhattan, Central Brooklyn and the South Bronx and will be sold to experienced developers for rehabilitation using private financing and equity. After rehabilitation, the developer will either sell the units to owner-occupants or own and manage the buildings as rental apartments.
As part of the RFP process, applicants will submit a monetary offer for each site in which they have an interest. The amount of the offer and the feasibility of the proposed financing and development will be the primary factors in the selection process. Preference will also be given for the quality and innovation of the proposed design of the site; participation of local entities and residents in the development team; creation of owner-occupied units; and the extent and quality of the applicants' development, construction and management experience.
HPD will select a developer for each site through a competitive selection process. Conveyance and construction starts for the buildings offered in the RFP are anticipated to occur in 2001.
Applicants can obtain a copy of the RFP and a computer diskette with the application forms by visiting HPD at 100 Gold Street, Room 9-S from 10 a.m. to 4 p.m. on weekdays. The RFP is also available on-line in .PDF format at NYC.gov.org/hpd. The RFP contains a detailed description of the Program, its competitive selection criteria and its submission requirements. The forms must be completed on the computer diskette supplied by HPD and the diskette must be submitted with the proposal by the submission deadline of Tuesday, August 1.
A pre-submission conference will be held at HPD, 100 Gold Street, Room 1-R at 10 a.m. on Wednesday, June 14. Interested individuals and organizations are strongly encouraged to attend the conference. Attendees must submit questions for the pre-submission conference in advance to Elizabeth Embry at the address and fax number listed below. The deadline for submitting questions is Wednesday, June 7. Questions received after that date may not be considered.
All completed submissions, including diskettes, must be delivered by hand no later than 5 p.m. on Tuesday, August 1, to HPD at 100 Gold Street, Room 9-S.
All communications and inquiries regarding the RFP must be directed to:Elizabeth Embry
Division of Housing Finance
100 Gold Street, Room 9-O
Telephone: (212) 863-6837
Fax: (212) 863-6669
TTY: (212) 863-7934
People with disabilities requiring special accommodations either to pick up the RFP or to attend and/or participate in the pre-submission conference should contact Elizabeth Embry so that the necessary arrangements can be made.
HPD reserves the right to negotiate with any number of developers, accept or reject any or all submissions received as a result of this RFP, or postpone or cancel this RFP in part or in its entirety.
HPD's mission is to promote quality housing and viable neighborhoods for all New Yorkers. The department is the nation's largest municipal housing development agency. Since Fiscal Year 1994, the agency has completed the construction or rehabilitation of nearly 58,000 units of affordable housing.