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The BCLBC is soliciting Request for Proposals (“RFP”) from qualified interested parties for the purchase and development of 181 Hawley Street, Binghamton, NY 13901 (the “Property”). The BCLBC acquired the property in February 2025 from the City of Binghamton, subsequent to a property settlement case.
The BCLBC is seeking proposals that demonstrate a residential use for the area, a feasible development plan to be completed within a strict time frame (less than twelve months from the date of sale), and adequate financial capacity and renovation experience to undertake the project. The BCLBC’s Staff and Board of Directors will evaluate the RFPs submitted and select one purchaser/developer, as determined by the Board of Directors in its sole discretion. All RFPs will become part of the Land Bank’s files without any obligation on the Land Bank’s part.
Business enterprises awarded an identical or substantially similar procurement contract within the past five years:
VISION BUILD HOLDINGS BINGHAMTON LLC
The selected purchaser/developer will purchase and rehabilitate a vacant two-family residence constructed in 1920, with a total square footage of 3,581 across two units. The building requires significant restoration/renovation due to outdated and incomplete systems and years of deferred maintenance. The development must be completed within less than twelve months from the date of sale. The property is sold in 'as-is' condition. The developer may also be required to comply with affordable housing covenants if development incentives are accepted, including renting units to income-qualified tenants at or below 80% AMI for a period of 10 years.
Source: New York State Contract Reporter (CR# 2137194), retrieved via the nyscr.ny.gov statewide procurement bulletin. View the official posting , always confirm requirements and deadlines with the issuing agency.