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City Approves 49-Year Ground Lease for Unused Bronx Hospital Land for Community Development

  • When: 2025/11/25
  • Address: 349 East 140th Street, Bronx, NY
  • City: New York
  • State: NY
  • Category: City Properties
  • Subcategory: Land Lease
  • Asset Class: Land
  • Property Type: Placemaking
  • Planning Department: True

The New York City Council approved an application from the New York City Health and Hospitals Corporation to lease a parcel of land at 349 East 140th Street in the Bronx. The property, which has been unused for over a decade, will be leased to The Mott Haven-Port Morris Community Land Stewards. The agreement is for a 49-year ground lease with two 25-year renewal options. The decision was adopted by the City Council on November 25, 2025, following review and approval by the Subcommittee on Landmarks, Public Sitings and Dispositions, and the Committee on Land Use.

Source

Applicant - New York City Health and Hospitals Corporation


Ownership - New York City Health and Hospitals Corporation


Developer - The Mott Haven-Port Morris Community Land Stewards