. . . The Farmers peppered Gonzalez with questions, until he brought Frank to them. After some generalities and faced with sharp questioning, Frank responded to the Farmers' questions for about half an hour in the 3rd floor rotunda.
Frank explained that the Mayor's Office was trying to negotiate an option to purchase the land, to forestall the eviction. The eviction is expected to occur in seven to fourteen days after a court hearing. The land developer, Ralph Horowitz, has indicated to the Mayor's office his willingness to sell the land to the Farmers for $16.35M, more than threefold the $5.05M he paid for the property when the City sold it to him two years ago.
Horowitz is demanding $50K for a thirty-day option to buy and double that for sixty days. According to Frank, the Mayor is seeking to raise the money from the Trust for Public Land.
. . .
Full report:
The South Central Farmers Push, and City Hall Budges
by Leslie Radford
Deputy Mayor Frank issued his assurances that the Mayor’s office is working to prevent the eviction. They are currently working to get a contract option agreement with the developer, Ralph Horowitz. He stated that Horowitz is asking for $16.35 million for the land. To date $6 million has been raised from a private donor and the Trust for Public Land has put forth $3 million. The contract option would give 30 days for the remaining funds to be found and forestall the pending eviction.
AUDIO:
1 |
2 | 3
all by A
The South Central Farmers Push, and City Hall Budges