NY Office of State Comptroller #L002491

Lease Award for Office Space at 411 Fifth Avenue, New York County

This award notice details a lease agreement for office space by the New York State Council on the Arts: - Government Buyer: - New York State Council on the Arts - Awardee: - 411 FIFTH AVENUE LLC - Scope of Award: - Lease of office or facility space at 411 Fifth Avenue, New York County, New York, NY - Contract Number: L002491 - Total award value: $7,114,807.60 - Lease period covers approximately ten years - Amendments extend the end date and add additional space - Products/Services: - Real estate lease only; no products, OEMs, or technical equipment involved - Notable Requirements: - Lease includes amendments for additional space and adjusted end date - Place of Performance: - 411 Fifth Avenue, New York, NY (New York County) - Contracting office: Council on the Arts - No OEMs or technology vendors are involved, as this is a real estate lease.

Description

This contract is a lease agreement between the Council on the Arts and 411 FIFTH AVENUE LLC for the property located at 411 Fifth Avenue, New York County. The original contract started on April 1, 2023, and is set to end on March 31, 2033, with amendments extending the end date to February 28, 2033, and adding additional space. The total award amount is $7,114,807.60, with spending to date at $1,595,135.77. The contract involves leasing space for a period of approximately ten years in New York, NY.

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