Opportunity
NY Office of State Comptroller #L010075
Long-Term Lease Award for Office Space at 111 Washington Avenue, Albany, NY
Posted
April 05, 2011
Identifier
L010075
NAICS
531120
This opportunity concerns a long-term lease agreement awarded by the City University Accounting Office for office or institutional space in Albany, NY. - Government Buyer: - City University Accounting Office - Vendor: - 111 WASHINGTON AVE LLC - Products/Services Requested: - Lease of office/institutional space at 111 Washington Avenue, Albany, NY - No OEMs, part numbers, or physical products involved - Quantity: 1 lease agreement - Notable Requirements: - Lease has been active since 1983 - Multiple amendments, including a 5-year renewal, an 18-month extension, and a renewal through 2029 - Total contract value is approximately $1,943,121.10 - No additional services or products beyond the real estate lease
Description
This contract is a lease agreement between the City University Accounting Office and 111 WASHINGTON AVE LLC for the property located at 111 Washington Avenue, Albany, New York. The lease has been active since 1983 and is set to continue through 2029, with several amendments extending the lease term and adjusting the contract amount. The total contract amount is approximately $1.94 million, covering lease renewals and extensions over the years.