Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: Redevelopment of parking (pave, landscape and fence) for a new 24,000 sq. ft. office building)
Entity Name: La Casa De Don Pedro
Entity Address: 75 Park Avenue, Newark, NJ 07104
Sale Amount: $193,000.00
Cost Basis: ( ) (X) Negotiated ( ) N/A ( ) Other
Assessed Amount: $272,700.00
Appraised Amount: $193,000.00
Contract Period: Thirty (30) days from issuance of all permits and completed within Twenty-Four (24) months
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
(X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
277 Broad Street/Block 449/Lot 4/Central Ward
279 Broad Street/Block 449/Lot 5/Central Ward
283 Broad Street/Block 449/Lot 7/Central Ward
309 Broad Street/Block 449/Lot 20/Central Ward
307 1/2 Broad Street/Block 449/Lot 68/Central Ward
Additional Information: N/A