MEMORANDUM OF UNDERSTANDINGDevelopment Rights Purchase and Sale Agreement • November 24th, 2017 • New York
THIS MEMORANDUM OF UNDERSTANDING (this “MOU”), is made as of the 24th of November, 2017 by and between HUDSON RIVER PARK TRUST, a New York State public benefit corporation having an office at Pier 40, 2nd Floor, New York, New York 10014 (the “Trust”), and DD WEST 29TH LLC, a New York limited liability company having an office at c/o Douglaston Development, LLC, 555 5th Avenue, New York, New York 10176 (“Developer”; the Trust and Developer, collectively, the “Parties” and individually, a “Party”).
DEVELOPMENT RIGHTS PURCHASE AND SALE AGREEMENTDevelopment Rights Purchase and Sale Agreement • May 12th, 2016 • New York
(“Agreement”) is made as of the day of May, 2016 (the “Effective Date”) by and among HUDSON RIVER PARK TRUST a New York State public benefit corporation organized pursuant to the Hudson River Park Act, Chapter 592 of the Laws of 1998 of the State of New York (as amended, the “Act”) having an office at 353 West Street, 2nd Floor, New York, N.Y. 10014 (“Seller”), SJC 33 Owner 2015, LLC, a Delaware limited liability company having an office at 645 Madison Avenue, 18th Floor New York, New York 10022 (“Purchaser”) and
DEVELOPMENT RIGHTS PURCHASE AND SALE AGREEMENTDevelopment Rights Purchase and Sale Agreement • December 13th, 2016 • New York
(“Agreement”) is dated as of the 14th of December, 2016, and effective as of the date this Agreement is executed by Seller (the “Effective Date”) by and among HUDSON RIVER PARK TRUST, a New York State public benefit corporation organized pursuant to the Hudson River Park Act, Chapter 592 of the Laws of 1998 of the State of New York (as amended, the “Act”) having an office at 353 West Street, 2nd Floor, New York, N.Y. 10014 (“Seller”), SJC 33 Owner 2015, LLC, a Delaware limited liability company having an office at 645 Madison Avenue, 18th Floor New York, New York 10022 (“Purchaser”) and Commonwealth Land Title Insurance Company having an office at 140 East 45th Street, 22nd Floor, New York, N.Y. 10017 (“Escrow Agent”).
DEVELOPMENT RIGHTS PURCHASE AND SALE AGREEMENTDevelopment Rights Purchase and Sale Agreement • June 27th, 2018 • New York
(“Agreement”) is dated as of July , 2018, and effective as of the date this Agreement (the “Effective Date”) is executed by and among HUDSON RIVER PARK TRUST, a New York State public benefit corporation organized pursuant to the Hudson River Park Act, Chapter 592 of the Laws of 1998 of the State of New York (as amended, the “Act”) having an office at 353 West Street, 2nd Floor, New York, N.Y. 10014 (“Seller”), DD WEST 29TH STREET, LLC, a New York limited liability company having an office at c/o Douglaston Development, LLC, 555 5th Avenue, New York, N.Y. 10176 (“Purchaser”), and ROYAL ABSTRACT, having an office at [ ] (“Escrow Agent”).
