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Committee approves sale of five city parcels on East 90th to developer for hotel; price amended to $65,000 total
Summary
The committee approved an emergency ordinance authorizing sale of five city-owned parcels on East 90th Street to Ortho School Properties LLC for development of a SpringHill Suites hotel and inserted an amended total price of $65,000 (five parcels at $13,000 each).
The committee on Oct. 20 approved an emergency ordinance authorizing the mayor and commissioner of purchases and supplies to sell five city-owned parcels on East 90th Street to Ortho School Properties LLC (or designee) for development of a Marriott-affiliate SpringHill Suites hotel. The ordinance was amended to add an additional parcel legal description and to set the sale price for each parcel at $13,000, raising the total consideration for the five parcels to $65,000.
Mr. Green (Department of Community Development) summarized the…
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