Chapter 313. authorizing the sale of the land and premises formerly occupied as a site for the post-office in the city of New York
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CHAP. 313.— An Act authorizing the sale of the land and premises formerly occupied as a site for the post-office in the city of New York.July 21, 1882. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,Sale of United States property, Old Post-Office site New York City, authorized. That the Secretary of the Treasury be, and he is hereby, authorized and directed to sell at public auction in the city of New York to the highest bidder, after thirty days’ notice in four of the principal newspapers published in the city of New York, the land and premises formerly occupied as the site of the post-office in the city of New York, lying upon Nassau street, between Cedar and Liberty streets, and known as the Old Post-Office site; the time and place of said sale in said city to be fixed by the Secretary of the Treasury at a date not later than ninety days after the passage of this act, and at a price not less than six hundred thousand dollars,Limitation of price. with power to reject, any and all bids, and to readvertise and offer the said property in like manner as often as may be necessary to secure the value thereof, and if he deems it best, for the public interests he may subdivide said land into parcels and sell in such parcels.
Approved, July 21, 1882.