Board of Estimate & Contract:
RESOLVED, that a resolution adopted by the City Council on October 8, 2025, and signed by the Mayor on October 9, 2025, authorizing Mayor to Convey City-Owned Property Located at 16 Glen Avenue, Mount Vernon, NY (Parcel ID: 165.63.1142.003) to Shane Black of SB Management NY LLC) - (to Shane Black of SB Management NY LLC for the total sum of Three Hundred Thousand Dollars ($300,000)); all proceeds from the sale of said property shall be deposited into the appropriate City account as determined by the Comptroller and used in accordance with applicable fiscal policies and procedures); be, and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING THE MAYOR TO
CONVEY CITY-OWNED PROPERTY LOCATED AT
16 GLEN AVENUE, MOUNT VERNON, NEW YORK
(PARCEL ID: 165.63.1142.003) TO SHANE BLACK
OF SB MANAGEMENT NY LLC
Whereas, in correspondence dated October 1, 2025, the Real Estate Committee - 2025 formally requested authorization for the Mayor of the City of Mount Vernon to execute and deliver a deed and all other necessary documents to convey the property located at 16 Glen Avenue, Mount Vernon, New York (Parcel ID: 165.63.1142.003) to Shane Black of SB Management NY LLC for the total sum of Three Hundred Thousand Dollars ($300,000); and
Whereas, the City of Mount Vernon is the lawful owner of real property located at 16 Glen Avenue, Mount Vernon, New York, identified on the City tax map as Parcel ID: 165.63.1142.003; and
Whereas, the City acquired said property through foreclosure for non-payment of property taxes, and the property is no longer required for municipal purposes; and
Whereas, the City, through its Real Estate Committee, solicited and reviewed offers for the purchase of the property in accordance with the City’s established property disposition procedures; and
Whereas, at the meeting of the Real Estate Committee held on September 26, 2025, all submitted offers were reviewed and Mr. Shane Black of SB Management NY LLC was determined to be the highest responsible bidder, having complied fully with all requirements of the bidding process; and
Whereas, the Real Estate Committee has recommended the sale of said property to Mr. Shane Black of SB Management NY LLC for the total purchase price of Three Hundred Thousand Dollars ($300,000); and
Whereas, the City Council of the City of Mount Vernon finds it to be in the best interest of the City to approve and authorize such conveyance;
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Mount Vernon, in regular session assembled, as follows:
Section 1. Authorization of Sale. The Mayor of the City of Mount Vernon is hereby authorized to sell and convey the City-owned property located at 16 Glen Avenue, Mount Vernon, New York (Parcel ID: 165.63.1142.003) to Shane Black of SB Management NY LLC for the total sum of Three Hundred Thousand Dollars ($300,000).
Section 2. Terms of Conveyance. The conveyance shall be made by Quitclaim Deed, upon payment in full of the purchase price. The purchaser shall be responsible for all closing costs, title fees, and any other associated expenses related to the transfer of title.
Section 3. Authority of the Mayor. The Mayor is hereby authorized to execute and deliver all documents necessary to effectuate the sale and transfer of said property on behalf of the City, including the deed and any related closing documents.
Section 4. Deposit of Proceeds. All proceeds from the sale of the property shall be deposited into the City’s General Fund or such other account as may be designated by the Comptroller and approved by the City Council.
Section 5. Effective Date. This Ordinance shall take effect immediately upon passage and approval by the City Council, and subsequent approval by the Board of Estimate & Contract in accordance with the laws of the City of Mount Vernon and the State of New York.