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The Financial Matrix is available to download at the bottom of this page.

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New York City Economic Development Corporation (“NYCEDC”) on behalf of the City of New York (the “City”) is pleased to release a request for proposals (“RFP”) seeking proposals from qualified parties for the construction of a mixed-income housing development with ground floor retail space pursuant to a long-term ground lease or sale of an approximately 10,000 square foot parcel of land at the corner of Little West 12th Street and 10th Avenue in Manhattan’s vibrant Meatpacking District (the “Site”). Respondents must submit a proposal for a ground lease but, at their discretion, may submit an additional proposal for the fee simple acquisition of the Site. The Site currently covers two abutting areas described as follows: 1) a portion of Block 644, Lot 1, which is owned by the City and is under the jurisdiction of the Department of Small Business Services and 2) a portion of 10th Avenue currently under the jurisdiction of the New York State Department of Transportation and it is anticipated that it shall be deemed surplus and then transferred to the City and de-mapped.

The redevelopment of this Site aligns with Executive Order 43, a key part of Mayor Adams's “Get Stuff Built” plan, a three-pronged framework to address the housing supply crisis with a goal of building 500,000 homes over the next decade. The RFP is being released in connection with such initiative and underscores NYCEDC’s and the City’s commitment to expanding affordable housing options throughout all five boroughs.

NYCEDC plans to select a developer for the Site based on factors stated in the RFP which include, but are not limited to, financial feasibility, responsiveness to the project goals stated in the RFP, the respondent’s qualifications and experience, as applicable.

Inquiries

Respondents may submit questions and/or request clarifications from NYCEDC no later than 5:00 PM ET on Friday, March 28, 2025. Questions regarding the subject matter of this RFP should be directed to [email protected]. Answers to questions will be posted on a rolling basis, with the last answers posted by Monday, April 14, 2025. Questions regarding the subject matter of this RFP will not be accepted after 5:00 PM ET on Friday, March 28, 2025, however, technical questions pertaining to downloading and submitting proposals to this RFP may be directed to [email protected] on or before Wednesday, April 30, 2025.

Informational Session

An optional informational session will be held virtually on Wednesday, February 12, 2025 at 11:00 AM ET. Those who wish to attend should RSVP with attendee(s) name, email, and organization by email to [email protected] on or before Monday, February 10, 2025 by 5:00 PM ET.

The link to the info session can be found by clicking here.

Site Tour

An optional site tour will be held in-person on Thursday, February 27, 2025 at 2:00 PM ET. Those who wish to attend should RSVP with attendee(s) name, email, and organization by email to [email protected] on or before Thursday, February 20, 2025 by 5:00 PM ET.

Submission Guidelines

Detailed submission guidelines and requirements are outlined in the RFP, available as of January 29, 2025.

Please submit your response via electronic upload by clicking here and uploading your proposal.

Responses are due no later than April 30, 2025 at 11:59 PM.

M/WBE

It is the policy of NYCEDC to comply with all federal, state and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (MWBEs) share in the economic opportunities generated by NYCEDC’s projects and initiatives.

This project has a Minority and Women Owned Business Enterprise (“M/WBE”) participation goal of a minimum of 25%, and all Respondents will be required to submit an M/WBE Participation Plan with their response. To learn more about NYCEDC’s M/WBE program, visit edc.nyc/opportunity-mwdbe. For the list of companies who have been certified with the New York City Department of Small Business Services as M/WBE, please go to the sbsconnect.nyc.gov/certification-directory-search.

Additional Documents
  • Financial Matrix Financial Matrix Excel File. Please download and include in your proposal, per the instructions outlined in the RFP.

Have Questions?

For questions regarding the subject matter of this RFP:

For all questions that do not pertain to the subject matter of this RFP: