The City has been awarded $1.5 million for the stabilization and restoration of the building--$500,000 in a Restore NY grant awarded early in 2017 and $1 million in DRI funding. It has been unclear until recently if any of that money can be claimed and spent without a private developer partnering with the City in the building's restoration and reuse. In the past year, it has been determined that the $500,000 Restore NY grant can be utilized, but the $1 million in DRI funds cannot be used without there being a private sector partner for the enterprise.
In October, a team of structural engineers from Chazen, the group that is helping administer the DRI projects, was dispatched to assess the building and make recommendations for its immediate stabilization. At the DRI Committee meeting on November 19, they made a preliminary report, identifying two areas of immediate concern: the roof on the eastern portion of the building and the brick wall on the south side of the building, where there is now a giant overhead door, which was installed in the 1850s building sometime in the 20th century. (The pictures below were taken in April 2018.)
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Do you know the contours of the private sector partner requirement? Is it just that a private contractor needs to be used for remediation or that ongoing management of the facility needs to run through a third-party?
ReplyDeleteYour speculation about the "contours" leaves out the most important consideration: private investment. In addition to that, would be a use that was not a strictly municipal use.
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