Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: New construction of a 5 story mixed use senior housing development with 44 residential units, an outpatient clinic, and a commercial kitchen Entity Name: Yolanda Alonzo’s Love, Inc. Entity Address: 372 Broad Street, Newark, New Jersey 07104 Sale Amount: $100,000.00 Cost Basis: ( X ) $10.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $237,900.00 Appraised Amount: $0.00 Contract Period: To commence within three (3) months and be completed within twenty-four (24) months following transfer of property ownership from the City to the Redeveloper 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) 398-406 Chancellor Avenue/ Block 3735/ Lot 1/ South Ward Additional Information: Sale Price: Total Square Footage X PSF = 10,000 X $10.00 = $100,000.00. Sale at prices set forth by Ordinance 6S&Fh, adopted on April 7, 2004, establishing the minimum sale price of City-owned properties Deferred 7R2-c 021925

What this record is

Held by

Yolanda Alonzo’s Love, Inc 3 records across this site

Amount

$238K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

Field

Health & social

health & social contracts in NJ that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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Yolanda Alonzo’s Love, Inc also holds

Dept/ Agency: Health and Community Wellness Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Sub-Recipient Agreement Purpose: To im… $20K Newark, NJ Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose:… $238K Newark, NJ

Committee

Economic and Housing Development

Introduced

October 25, 2024

On agenda

February 19, 2025

Passed

March 5, 2025

Where it was heard

Municipal Council Mar 5, 2025 Returned to Administration Pass Municipal Council Feb 19, 2025 Defer Pass

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