new_york_city_council_stated_meeting_agenda_novemb.pdf
Council reviews HHC ground lease to community land group
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Description
The New York City Health and Hospitals Corporation requests Council authorization to lease long-unused land at 349 East 140th Street in the Bronx to The Mott Haven-Port Morris Community Land Stewards under a 49-year ground lease with two 25-year renewal options. The lease will support a housing development fund corporation transaction on a parcel previously used by NYC Health and Hospitals/Lincoln.
Contract Details
Vendor
MOTT HAVEN-PORT MORRIS COMMUNITY LAND STEWARDS
Agency
Department for the Aging (NYC Aging), NY
Contract Type
FACILITIES
Document Date
November 25, 2025
Contract Term
49-year ground lease with two 25-year renewal options
Renewal Info
Initial 49-year ground lease term with two optional 25-year renewal periods, subject to approval and lease terms.
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