THE OPPORTUNITY & TIMING

LCNY is interested in receiving offers from potential buyers and will consider all proposals for purchase or long-term lease. However, priority will be given to those bidders who can close quickly with the most economically favorable offer. This offer represents a rare opportunity to purchase developable land in a highly desirable section of Westchester County with proximity to retail and train stations servicing New York City and Connecticut.

The owner of the property, Legion of Christ, Incorporated (“LCNY”), a not-for-profit corporation, is soliciting offers from developers for the sale of a 97-acre parcel located at 773 Armonk Road, in the Town of New Castle, Westchester County, New York. A proposal for a long-term lease may also be considered. The site, located in a highly desirable, heavily wooded residential neighborhood surrounded by open space, includes a 45,615 square foot manor home that has been used as a seminary and for religious retreats. This is an opportunity for a unique development in an area with sustained value that is currently zoned for single family residential uses, seminaries, or retreats. However, other uses are acceptable with additional approvals under the zoning code: college/university facilities, private non-profit clubs, places of worship and other uses.

Mr. Daryl Podunavac
ECO USA-Real Estate and
Construction Manager Division
590 Columbus Avenue,
Thornwood, NY 10594

dpodunavac@integerusa.com

Proposals are being accepted until 29 March 2011, and should be submitted to:

A pre-bid meeting and site tour will be offered to all interested bidders on 15 February 2011 from 1:00p.m. to 4:00p.m. Pre-registration is required by contacting Mr. Podunavac at the above email address.

This Request for Proposals (“RFP”) provides a basic description of the site, current zoning, submission requirements, and selection process and criteria.

A WESTCHESTER COUNTY

NEW YORK ESTATE


REQUEST FOR PROPOSAL