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PRESENTATION
History of 2201 Davidson Avenue and its involvement in the Third Party Transfer program
0:05:57
ยท
66 sec
The presentation outlines the complex history of 2201 Davidson Avenue, including its involvement with the Third Party Transfer (TPT) program and subsequent legal issues.
- Initially identified for TPT Round 10 in 2015, but removed due to owner's bankruptcy filing.
- Foreclosure action restarted in October 2024 after a default judgment.
- HPD has completed numerous emergency repairs over the years, including roof, heating, plumbing, lead abatement, and mold abatement.
- The building has been in the Alternative Enforcement Program for several years.
Arvind Sindhwani
0:05:57
So just to walk the subcommittee through the history of the site, the the building was initially identified for the third party transfer program round 10 back in 2015.
0:06:07
The owner subsequently filed for bankruptcy in September later that year and was dismissed in October 2018.
0:06:15
When the property filed for bankruptcy or the property owner filed for bankruptcy, the property was removed from the TPT round, and the property has continued to accrue arrears since.
0:06:25
The action was restarted on 10/07/2024 after the default judgment of foreclosure was entered by the courts.
0:06:33
The owner has not contested the filing of the notice of foreclosure nor tried to redeem the property.
0:06:40
Since then, HPD, and for many, many years actually, HPD has completed a significant amount of emergency repairs pertaining to roof repairs, heating repairs, plumbing repairs, lead abatement, mold abatement, and installation of window guards.
0:06:54
I'll have some numbers to provide more specificity on those repairs later.
0:06:58
And the building has been in the alternative enforcement program for several years now.
0:07:02
Next slide.