Land Bank Seeks Requests for Proposals for 123 & 125 William Street

The Newburgh Community Land Bank, (NCLB) is seeking responses from interested parties for the purchase and redevelopment of either or both of the properties at 123 and 125 William Street in the City of Newburgh, New York, which NCLB acquired from the City in September 2017 subsequent to property tax foreclosure.

NCLB’s mission is to improve the quality of life in Newburgh by stabilizing and revitalizing abandoned properties, returning them to the tax rolls through transfer to responsible purchasers for full rehabilitation. NCLB seeks proposals that demonstrate a compatible use for the surrounding area, a feasible plan to be completed within a reasonable timeframe (no more than eighteen months from the date of sale), and adequate financial capacity and renovation experience to undertake the project.

Deadline is June 15, 2018.