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26-0355

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing (X) Amending Type of Service: Private Sale/Redevelopment Purpose: First Amendment to the Agreement for the Sale and Redevelopment of Land to DCF Developers, LLC to change the property description to the new construction of four (4) three-family homes to provide twelve (12) three-bedroom units of which two (2) units shall be restricted to tenants at 80% Area Median Income (“AMI”), one (1) units shall be restricted to tenants at 60% AMI and the other nine (9) units will be market rate. Entity Name: DCF Developers, LLC Entity Address: 162 South 8th Street, Apartment 3, Brooklyn, New York 11211 Sale Amount: $131,040.00 Cost Basis: (X) $13.00 PSF ( ) Negotiated ( ) N/A ( ) Other: Assessed Amount: $158,600.00 Appraised Amount: N/A Contract Period: To commence within three (3) months and be completed within twenty-four (24) months from the transfer of ownership by the City 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) 233 South 10th Street/Block 1814/Lot 29/West Ward 235 South 10th Street/Block 1814/Lot 30/West Ward 476 Avon Avenue/Block 2643/Lot 7/South Ward 474 Avon Avenue/Block 2643/Lot 8/South Ward Additional Information: Resolution 7R2-d adopted on November 7, 2024, authorized the Private Sale/Redevelopment pursuant to the Agreement for the Sale and Redevelopment of Land. This Resolution authorizes a First Amendment to the Agreement for the Sale and Redevelopment of Land to change the Scope of Project due to a removal of one of the properties from the Preliminary Designation Letter.

Resolution Adopted Introduced March 16, 2026

What this record is

Held by
DCF Developers, LLC 2 records across this site
Amount
$159K
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.

DCF Developers, LLC also holds

Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose:… $159K Newark, NJ
Committee
Economic and Housing Development
Introduced
March 16, 2026
On agenda
June 17, 2026
Passed
June 17, 2026

Where it was heard

Municipal Council Jun 17, 2026 Adopt Pass

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