NY Office of State Comptroller #L002314

Lease Award for Office Space at 99 Washington Ave, Albany, NY

This award notice details the leasing of office space for the Department of Financial Services in Albany, NY. - Government Buyer: - Department of Financial Services (New York State agency) - Awardee: - 99 Washington LLC & One Commerce Plaza - Products/Services Requested: - Lease of office space at 99 Washington Ave, Albany, NY - No products, equipment, or additional services are included—this is strictly a real estate lease - Notable Requirements: - Lease covers a period of approximately 12 years - Total contract value is about $18.75 million - Location and duration are the primary requirements - No OEMs or product vendors are involved, as this is a property lease only

Description

This contract is a lease agreement for the property located at 99 Washington Ave, Albany, Albany County, NY. The contract amount is approximately $18.75 million with a period of performance from September 1, 2021, to August 31, 2033. The contract was originally awarded on November 20, 2020, and has been amended once to extend the end date to August 31, 2033. The lease is managed by the Department of Financial Services.

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