Res. No. 1891
Resolution calling upon the New York State Legislature to pass Bill No. A06138, which would authorize the City of New York to privately sell certain property that cannot be independently developed.
By Council Members Ignizio, Sears, Oddo, Gentile and Weprin
Whereas, The Department of Citywide Administrative Services (“DCAS”) is responsible for selling the City’s real estate holdings; and
Whereas, DCAS is required by New York State law to sell city-owned property through public auctions or other competitive bidding processes; and
Whereas, DCAS has identified approximately 1,000 lots of land throughout the five boroughs that cannot be independently developed because of size, shape, zoning, configuration and topography; and
Whereas, These lots - mostly small strips of land - generally go unused and are not well maintained, consequently detracting from the beauty of the neighborhoods in which they are located; and
Whereas, In some cases, adjacent property owners use the land without permission from the City; and
Whereas, Because of the size, shape, zoning, configuration and topography of these lots, the land can only be fully utilized by adjacent property owners; and
Whereas, DCAS therefore believes it is in the city’s interest to forego the public auction process for such parcels, and, instead, sell these properties directly to the abutting property owners; and
Whereas, During public auctions, bidders who do not own property adjacent to the lot being auctioned may outbid those who live adjacent to the property so that they can re-sell the land at a higher price on the private market; and
Whereas, The City stands to benefit more in the long term from selling the land directly to adjacent property owners than at public auction because adjacent property owners have a stake in using the land to not merely make money, but also to improve their neighborhoods; and
Whereas, Since selling these lots directly to adjacent property owners is beneficial to both property owners and the people of the City; now, therefore, be it
Resolved, That the Council of the City of New York calls upon the New York State Legislature to pass Bill No. A06138, which would authorize the City of New York to privately sell certain property that cannot be independently developed.
JCG
03/23/09
LS 7325 & 7338