Monday, April 23, 2012

Roosevelt Island Communty Space Purchase, Southtown Ground Lease, Island House Privatization and Waterfront West Channel Eatery On Agenda For Executive Session (Non-Public) RIOC Real Estate Committee Meeting April 25

According to the Roosevelt Island Operating Corp (RIOC):

PLEASE TAKE NOTICE that a meeting of the Real Estate Development Advisory Committee of the RIOC Board of Directors will be held on Wednesday, April 25, 2012 at 5:30 p.m. at the RIOC administrative office, 591 Main Street, Roosevelt Island, New York.  

AGENDA

     1. Chair's Motion for Executive Session to Review and Discuss:


               a.  Proposed Acquisition of Community Space Facilities;


               b.  Proposed Modifications to the Ground Lease for Southtown Buildings 7, 8 and 9;


               c.  Status of Privatization/Affordability Plan and Ground Lease Extension for Island House; and


               d.  Status of the RFP for the Use of West Channel Promenade.
More information from previous posts on Southtown Building construction starting next year, Island House privatization and proposed use of West Channel Promenade for eatery.

Take a walk around the subway pier.


You Tube Video of Walk Around The Subway Pier

I don't know anything yet about Agenda Item A, the proposed acquisition of Community Space Facilities - is RIOC adding to community facilities by acquiring or reducing community facilities by conveying.

This real estate committee meeting is planned to be held in Executive Session which means the public will not be allowed to attend. Here's more on the criteria for RIOC holding meetings in Executive Session.

3 comments :

Anonymous said...

It is not opento the public because it will be another back room deal like. The way. In eastwood. Lets hope. Island house doses. Not become another eastwood
Don't let rioc sell you out. Like they did to eastwood

Mark Lyon said...

I hope that the Real Estate Committee makes use of non-electric heating one of the lease conditions for the new buildings.  Doing so will result in dramatic long-term savings for residents of those buildings.

mogensjp said...

I hope that the Real Estate Committee makes inclusion of garage space for, say, 30% of the numbers of apartments one of the conditions for the new buildings. Doing so will avoid further deterioration of on the road parking for residents in Southtown