ADDENDUM #2 TO REQUEST FOR PROPOSALS FOR REAL ESTATE MARKETING AND BROKERAGE

JERSEY CITY REDEVELOPMENT AGENCY 

ADDENDUM #2 

TO REQUEST FOR PROPOSALS FOR  REAL ESTATE MARKETING  AND BROKERAGE 

PROPOSAL DUE DATE 

Thursday May 28, 2020 at 4:00 p.m. EST 

The Jersey City Redevelopment Agency (the “JCRA”) issues this Addendum #2 to the Request for Proposals for Real Estate Marketing and Brokerage (the “RFP”) advertised on Thursday, May 7, 2020.  This addendum is issued to clarify, correct or supplement the RFP as originally issued and shall supersede any conflicting section of the original RFP.  This Addendum #2 shall be acknowledged in your proposal utilizing the form captioned “Acknowledgement of Receipt of Addenda” annexed to the RFP as Schedule C along with acknowledgment for Addendum #1 which was previously issued on May 18, 2020.  Failure to acknowledge Addendum #2, as well as Addendum #1, may be cause for rejection of your proposal.

 Question #1: Can you provide the unit numbers being listed? 

JCRA Answer:  The units being listed are as follows: Unit 2A, Unit 2B, Unit 2C, Unit 2D, and Unit 2G. 

Question #2: Can you provide any of the details of each unit that will be listed? (in particular, total sqft of each unit, total bedrooms of each unit, and total bathrooms of each unit). 

 JCRA Answer:  The units being listed are all approximately 1,200 square feet, with two bedrooms and two bathrooms. 

 Question #3: Will all 5 units be awarded to one brokerage?    

 JCRA Answer:  Yes. 

 Question #4: However, we are looking for more specific on the five units your team looking to market. If you can give us more details such as floor plans what floor and the conditions of the units? 

 JCRA Answer:  Please refer to the Answer to Question #2 of this Addendum #2.    

 Question #5: Where should the $50 be sent or dropped off?  Please advise. 

 JCRA Answer:  The $50.00 proposal fee shall be made by check payable to the “Jersey City Redevelopment Agency” and must be mailed to the JCRA with a postmark no later than the Submission Date to the following address: 

Jersey City Redevelopment Agency 

66 York Street, 3rd floor 

Jersey City, New Jersey 07302 

The failure to provide the proposal fee shall constitute a basis for rejection of the proposal. 

Question #6: Are the units being sold “as is” or will JCRA be making any improvements prior to being marketed for sale? 

JCRA Answer: The Condominium Units are being sold “as is” and the JCRA will not be making any improvements prior to being marketed for sale.  In addition, all sale shall be subject to a waiver by the buyer regarding the condition of the units.    

 Question #7: Do any of the units include parking? 

 JCRA Answer: No.    

 Question #8: Is there a tax abatement in effect, and if so, how many years are remaining, and can the tax abatement start date be effective once each unit is sold? 

 JCRA Answer:  There is no tax abatement in effect for the units.    

 Question #9: If the RFP can only be submitted electronically, how do we include the $50 fee?   Can payment be made electronically via Zelle? 

 JCRA Answer:  Please refer to the Answer to Question #5 of this Addendum #2.