PROFESSIONAL_SERVICESAMENDED

SHA Amends Master Development Deal With MBS

The Syracuse Housing Authority Board approved an amendment to its Master Development Agreement with McCormack Baron Salazar, Inc. governing the multiphase East Adams redevelopment, updating business terms and governance for Phases 3, 4, 6, and 8. The Executive Director is authorized to finalize and execute the amended development agreement consistent with the new Term Sheet.

Document date · March 19, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
PROFESSIONAL_SERVICES
Renewal
Amendment adjusts governance, development fee structure, Brownfield fee allocation, guarantees, and property management provisions for East Adams Phases 3, 4, 6, and 8 while preserving SHA’s path to assume Managing General Partner roles at permanent conversion; further non‑material modifications may be made to satisfy investors and regulators.
Document type
AgendaPacket
Source document
Syracuse Housing Authority AgendaPacket Board of Commissioner’s Meeting 2026-03-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Syracuse Housing Authority?

Mccormack Baron Salazar Inc was awarded this professional services contract by Syracuse Housing Authority, as recorded on March 19, 2026.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Syracuse Housing Authority AgendaPacket Board of Commissioner’s Meeting 2026-03-19 (AgendaPacket), dated March 19, 2026 from Syracuse Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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