FOR IMMEDIATE RELEASE - August 12, 2013
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ADDENDUM TO REQUESTS FOR QUALIFICATIONS (RFQ) FOR UPTOWN PARKING GARAGE SITE
Mayor Shayne Gallo announced today that there has been an addendum to the original Request For Qualifications (RFQ) to design, construct and operate a mixed-use development at the former site of the Uptown Municipal Parking Garage located at 21 North Front Street.
The City of Kingston will be accepting written questions regarding the RFQ until Thursday, October 10; the bid proposals based on development concept, development objectives, guidelines and requirements set forth in the RFQ has been extended to Friday, November 1 at 11 am and the review of the submitted RFQ applications will take place on Thursday, November 7.
Interested applicants should send their original submission to City of Kingston Purchasing Agent Brian Woltman, City Hall, 420 Broadway, Kingston NY 12401. Under no circumstances will e-mailed or faxed documents be accepted.
Interested parties should also be aware that New York State adopted RPTL 485-a legislation (Residential-Commercial Urban Exemption Program) which allows the option of property owners who convert a non-residential property into a mixed residential/commercial use to be rewarded with a 12-year partial real property tax exemption. The successful bidder on the development of the uptown parking garage site for mixed residential/commercial use would be eligible for this real property tax abatement/exemption
Further information on Real Property Tax Law 485-a can be obtained from City of Kingston Assessor Dan Baker at 334 3910 or e-mail [email protected].
Mayor Gallo offered, “I continue to be very optimistic that a qualified developer will come forward during this RFQ process. My office has been contacted by numerous individuals who have expressed an interest in this property and this will be an opportunity for developers to offer their vision of a project which will enhance the uptown business district.”