Council approves long-term ground lease in the Bronx
Trusted by teams at
Description
The New York City Council approved a 49-year ground lease with two 25-year renewal options for Mott Haven-Port Morris Community Land Stewards Inc. at 349 East 140th Street in the Bronx. The lease covers a three-story, 22,750-square-foot building on a 10,000-square-foot parcel.
Contract Details
Vendor
MOTT HAVEN-PORT MORRIS COMMUNITY LAND STEWARDS INC
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 term with two optional 25-year renewal periods authorized by Council via Resolution 1158-2025.
More from MOTT HAVEN-PORT MORRIS COMMUNITY LAND STEWARDS INC
More from Department for the Aging (NYC Aging)
new_york_city_council_stated_meeting_agenda_novemb.pdf
new_york_city_council_stated_meeting_agenda_novemb.pdf
new_york_city_council_stated_meeting_agenda_novemb.pdf
new_york_city_council_stated_meeting_agenda_novemb.pdf
new_york_city_council_stated_meeting_agenda_novemb.pdf
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.