HPD - Homebuyers - Asset Sales Program

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	Asset Sales Program ASSET SALES PROGRAM REQUEST FOR OFFERS The Department of Housing Preservation and Development (HPD) is requesting offers from parties interested in purchasing commercial property. Both individuals and business entities are invited to participate in this initiative to return these buildings to private ownership. These properties will be sold in “as-is” condition to offerors meeting the criteria described in this RFO. The ability to secure financing to satisfy the purchase price is the sole responsibility of the purchaser. Click here to Download Asset Sales Program Request For Offers (PDF) Asset Sales is designed to sell occupied City owned multiple dwelling buildings to prospective eligible residential and commercial tenants. Properties will be sold in "as is" condition. HPD will not provide construction or permanent financing. In the event that the residential or commercial tenants do not purchase, these properties will be made available through a Request for Offers (RFO) process. For additional information on Asset Sales, please call Bill Dunn at (212) 863-6118.

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