In November 2018, the Common Council passed a resolution authorizing the sale of 427 Warren Street, the old police station, to the highest bidder.
Today, at 3:00 p.m., the Board of Estimate and Apportionment (BEA)--the mayor, the treasurer, and the Common Council president--will meet in the Council Chamber at City Hall to discuss the conditions of the sale. Such things as financial history of the buyer, schedule of development, prohibitions against transfer of ownership, developing affordable housing were mentioned at last night's informal Common Council meeting. Council president Tom DePietro said of the effort, "As a city, we want to get more than just the most amount of money from it."
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