Last bid standing
continued After taking office, Buffardi said he met with Sciocchetti and liked Forum’s proposal. Buffardi said Forum is now the high bidder and he will let the board decide if it wants to award the bid and close the months long process.
“This project has been languishing for years,” Buffardi said. “We can accept it, or reject it. … I have an idea what I am going to do.”
Councilman Robert Godlewski urged for the board to call for bids again, with the hope of attracting a bid higher than Forum’s price point.
“We need money,” Godlewski said. “I find no reason not to rebid that project.”
Of the two late bids received by the town, Luizzi and Brothers Contracting, Inc., offered $1 million. The company proposed up to 190 multi-family units, with 40 units set aside for senior housing and eight for corporate rental. Tanglewood Development Corporation offered the least money at $200,000.
Buffardi argued the cat has been let out of the bag.
“Because everybody knows the number now, things change,” he said. “I think it would be unfair to the town, they are going to come in with different numbers because of that.”
When the Rotterdam IDA sent out an earlier request, Forum’s bid was $15,000 less than what is offering now. Buffardi does not believe any seven-figure bids would surface in another bid.
“It is pretty easy to predict,” he said.
Focus on Forum
Forum Industries first expressed interest in putting senior housing at the Curry Road Plaza property in 2007. Its proposal has remained mostly unchanged beyond the addition of the two retail buildings.
Sciocchetti said the company was originally attracted to the site because it was flat and large.
“This came across and it seemed to fit our model of location,” Sciocchetti said.