24-1526
Dept./ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Private Sale/Redevelopment Purpose: An Agreement to Subordinate the City of Newark’s Reverter Rights by entering into a First Amendment to Agreement for Sale and Redevelopment of Land and a Subordination Agreement in order to permit the Redeveloper to obtain construction financing, necessary for the rehabilitation of the Property into three residential units Entity Name: 229 South 11th LLC Entity Address: 59 Lincoln Park, Suite 375, Newark, New Jersey 07102 Sale Amount: $32,760.00 Cost Basis: ( ) $ PSF ( ) Negotiated (X) N/A ( ) Other: Assessed Amount: $0.00 Appraised Amount: $0.00 Contract Period: Not Applicable Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a List of Property: 229 South 11th Street/Block 1815/Lot11 (Address/Block/Lot/Ward) Additional Information: Resolution 7R2-k adopted on December 20, 2023, designating 229 South 11th LLC as the Redeveloper and authorized an Agreement for the Sale and Redevelopment of Land
What this record is
- Held by
- 229 South 11th LLC 2 records across this site
- Amount
- $33K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
- Field
- Construction
construction 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.
Read automatically from the title of the official record. The source document below is authoritative.
229 South 11th LLC also holds
Dept./Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Grant Agreement Purpose: To provide…- Committee
- Economic and Housing Development
- Introduced
- November 12, 2024
- On agenda
- November 26, 2024
- Passed
- November 26, 2024
Where it was heard
Municipal CouncilWatch what Newark buys
This is one award. Newark signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.