2024-8 - RFP for the Purchase and Development of 21 Walnut Street, Binghamton, NY

The BCLBC is soliciting Request for Proposals (“RFP”) from qualified interested parties for the purchase and development of 21 Walnut Street, Binghamton, NY 13905 (the “Property”). The BCLBC acquired the property in October 2021 from Broome County, subsequent to property tax foreclosure.

The BCLBC is seeking proposals that demonstrate a residential use for the area, a feasible development plan to be completed within a strict time frame (twelve months from the date of sale), and adequate financial capacity and renovation experience to undertake the project. The BCLBC’s Staff and Board of Directors will evaluate the RFPs submitted and select one purchaser/developer, as determined by the Board of Directors in its sole discretion.  All RFPs will become part of the Land Bank’s files without any obligation on the Land Bank’s part.