NY Office of State Comptroller #L010220

Award for Lease of 205 East 42nd Street, New York, NY

This award notice details a major real estate lease contract for the City University Accounting Office, part of the City University of New York: - Government Buyer: - City University Accounting Office (City University of New York) - Awarded Vendor: - 205 EAST LEASEHOLDER LLC SL 205 EAST LEASEHOLDER LLC AS TIC - Products/Services Requested: - Lease of 205 East 42nd Street, New York, NY - Assignment purchase and sale lease agreement - Contract Number: L010220 - Quantity: 1 lease agreement - Unique or Notable Requirements: - High-value, long-term lease (over 17 years) - No OEMs or manufactured products involved; this is a real estate transaction - No additional goods or traditional services are part of this procurement - Period of Performance: - Over 17 years, from contract start to end date - Place of Performance: - 205 East 42nd Street, New York, NY (New York County)

Description

This contract involves the assignment purchase and sale of the property located at 205 East 42nd Street, New York, New York County. The contract is a lease agreement managed by the City University Accounting Office. The period of performance starts on November 10, 2025, and ends on January 31, 2043, with an award amount of $73,552,104.43. The recipient of the contract is 205 EAST LEASEHOLDER LLC SL 205 EAST LEASEHOLDER LLC AS TIC.

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