nyc_council_subcommittee_on_landmarks_agenda_novem.pdf
HHC Seeks 49-Year Ground Lease With Community Land Group
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Description
The New York City Health and Hospitals Corporation is seeking authorization to enter into a 49-year ground lease, with two 25-year renewal options, with The Mott Haven-Port Morris Community Land Stewards for long-vacant land at 349 East 140th Street in the Bronx. The action would enable housing-related development on property unused for over a decade.
Contract Details
Vendor
MOTT HAVEN-PORT MORRIS COMMUNITY LAND STEWARDS
Agency
Department of Sanitation (DSNY), 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 additional 25-year renewal options contemplated in the application; renewals would extend the lease up to a total of 99 years if exercised.
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