Sepviva Lofts LLC
Sepviva Lofts LLC; 76-unit mixed-income apartment
51 housing units sold, across 1 properties · Council District 1 · Sepviva Lofts LLC
What is missing from the record
Every step has a date on record. Nothing is missing from the records we hold.
Where this project stands
Five steps, from the Board agenda to the closing. A disposition is the sale or transfer of a Land Bank property. The Council step is City Council's approval of the sale, which comes after the Board's approval.
- 1. On a Board agendaDoneJul 13, 2021
- 2. Board approvalDoneSep 14, 2021
- 3. Council approval of the dispositionDoneJun 17, 2021 to Oct 31, 2024
- 4. Deed into the Land BankDoneMay 30, 2023
- 5. ClosingDoneDec 18, 2024
Board hearings
One row for each Board hearing where this project was on the agenda. Fewer than six approving votes means no decision was reached; it is not a denial. Speakers and letters are public comments on the item.
| Date | Agenda item | Outcome | Vote as recorded | Public speakers | Letters |
|---|---|---|---|---|---|
| Jul 13, 2021 | 5.A | Tabled | not stated | 0 | 0 |
| Aug 10, 2021 | 4.A | Tabled | not stated | 0 | 0 |
| Sep 14, 2021 | 4.A | Approved | unanimous | 5 | 1 |
| Sep 10, 2024 | V.A.1 | Tabled | not stated | 0 | 0 |
| Oct 8, 2024 | IV.B.1 | Approved with amendments | unanimous | 0 | 0 |
City Council
City Council resolutions that name this project's properties, from Council's Legistar records. Earlier resolutions often moved the lots into the Land Bank; they are not Council's approval of this sale (step 3 above).
| Resolution | Sponsor | Status | Introduced | Adopted |
|---|---|---|---|---|
| 200532 | Councilmember Squilla | adopted | Oct 1, 2020 | Oct 8, 2020 |
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| Sepviva Lofts LLC | Dec 18, 2024 | $50,000 | $315,000 | 51 | 210567;240993 |
Days from the first Board approval to each closing: 1191.
People and organizations
- Applicant
- Sepviva Lofts LLC
- Council resolutions naming these properties, sponsored by
- Mark Squilla (resolutions 200532)
Public comment
A position is counted only where the person stated one at a hearing or in a letter. Letters read aloud at a meeting are staff summaries, not the writer's own words. Officials and people speaking for an organization are named; residents who spoke for themselves are counted, not named.
Across all hearings: 5 public speakers and 1 letters, with 2 statements of support and 2 of opposition.
| Named commenters (5 in all, residents included) | Stated position | Speaking for (organization) |
|---|---|---|
| Rachael Pritzker | support | counsel/representative for developer |
| Blane F. Stoddart | support | small equity position in project |
| Michael Savage | oppose | PTR Baler and Compactor Company |
From the record
Passages quoted from the Board's minutes, packets and transcripts. 6 of 11 shown.
Item 5 Property Dispositions A. Development – Affordable Housing • 2201 E. Tioga Street (CD1) – Sepviva Lofts, LLC - TABLED Ms. Fadullon announced that this item was tabled until the August Board meeting, since additional information was needed to evaluate the proposed disposition. She also announced that the side yard disposition (Item 5.C) would be considered before the Board considered the disposition of 2212 and 2214 Fernon Street (Item 5.B). C. Side/Rear Yard Disposition • 2039 E. Fletcher Street (CD7) – Tasha Doremus & Sebastien Leclercq Mr. Lawrence asked the Board to authorize the disp…
Minutes · Jul 13, 2021, item 5.A · packet p. 5 · PLB Board Package for 8.10.2021 Board Meeting.pdf
Agenda · Jul 13, 2021, item 5.A · packet p. 1 · PLB Board Package for 7.13.2021 Board Meeting.pdf
… Report Mr. Rodriguez had no report this month. Item 4 Property Dispositions A. Development – Affordable Housing • 2201 E. Tioga Street (CD1) – Sepviva Lofts, LLC – TABLED Ms. Fadullon announced that this item was tabled because of additional information for the project was received and had to be evaluated prior to presentation to the Board. B. Side/Rear Yard Disposition • 2003 N. Orkney Street – Carmen D. Carrasquillo & Ana A. Rosado (CD7) • 2955 N. 8th Street – Gisela Valentin & Luis O. Lopez Cruz (CD7) Ms. Fadullon stated that unless the Board had an objection, the side and rear yards…
Minutes · Aug 10, 2021, item 4.A · packet p. 6 · PLB Board Package for 9.14.2021 Board Meeting.pdf
Agenda · Aug 10, 2021, item 4.A · packet p. 1 · PLB Board Package for 8.10.2021 Board Meeting.pdf
… and the public to attend virtually. Item 4 Property Dispositions A. Development – Affordable Housing • 2201 East Tioga Street (CD1) – Sepviva Lofts, LLC Mr. Lawrence presented (from an amended fact sheet subsequently included in the posted Board package) the proposed disposition of 2201 East Tioga Street in the 1st Council District to Sepviva Lofts, LLC, for the development of a four-story mixed income multi-family rental development. The proposal was unsolicited and was scored pursuant to the Disposition Policy in effect as of January 1, 2020. The purchase price will be Fifty Thousand…
Minutes · Sep 14, 2021, item 4.A · packet p. 5 · PLB Board Package for 10.12.2021 Board Meeting.pdf
Agenda · Sep 14, 2021, item 4.A · packet p. 1 · PLB Board Package for 9.14.2021 Board Meeting.pdf
Properties (1)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 2201 E TIOGA ST | 886000248 | Closed | May 30, 2023 | Dec 18, 2024 | RDA |
Sources: Board minutes and packets; PHDC workbook; Council (Legistar); Transcript. Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.