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Yonkers committee refers proposed sale of nine city lots for affordable housing to rules committee

5505931 · June 10, 2025
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Summary

The Real Estate Committee moved to refer a local law and SEQRA resolution that would transfer nine city-owned lots to the Yonkers Industrial Agency for affordable housing development; the committee asked about a 2024 appraisal that valued the parcels at about $969,000.

The Yonkers City Real Estate Committee on June 30 moved to refer a proposed local law and a New York State Environmental Quality Review Act (SEQRA) determination related to the sale of nine city-owned lots to the rules committee, Chairman Mike Green said.

The measures would transfer surplus city parcels to the Yonkers Industrial Agency with a contemplated further transfer to the municipal housing authority for development as affordable housing. The committee’s discussion described nine lots that form six development parcels and said the sale would be at fair market value based on an appraisal.

"This local law is a transfer of the properties from the city to the IDA with a contemplated further transfer to the municipal housing authority for the purpose of developing the properties as affordable housing," said Matt Gallagher, corporation counsel. Gallagher said the parcels are surplus property not used for municipal purposes.

Councilmember Corazon Pinet Isaac asked how much the properties would sell for. "How much is the city, the property is selling for?" she asked. Gallagher said an appraisal completed in 2024 valued all of the lots at about $969,000 and that the cost of the appraisal is included in the purchase price. He did not state whether the appraisal would be updated before any final sale.

Committee members identified the parcel addresses on the agenda as 221 Rockview Avenue; 56 Ridgeview Avenue; 95 Ash Street; 14 Lawton Place; 79, 81 and 83 Byron Avenue; and 115–117 Harritt Street, and earlier referenced Rockland Avenue as a location listed for city-owned properties. The committee described the properties as "small" and not in current municipal use.

There was no recorded roll-call vote on the referral. Chairman Mike Green announced that both the local law and the SEQRA resolution would be placed on the rules committee agenda for further consideration. The meeting closed shortly after the referral.

Next steps: the measures will appear on the rules committee agenda; no final transfer or sale was approved at the Real Estate Committee meeting.