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Title: Notice of Joint Public Hearing, March 11, 2019 on Intent to award a concession agreement to Macquarie Aviation North America, Inc. DBA Atlantic Aviation for the Operation of the East 34th Street Heliport in Manhattan.
Public Hearings and Meetings
Economic Development Corporation (EDC)
Legal
22 Reade Street
New York, NY 10007
3/11/2019 2:30 PM

Accessibility questions: Mayor’s Office of Contract Services (MOCS) via e-mail at DisabilityAffairs@mocs.nyc.gov or via phone at (212) 788-0010, by Wednesday, March 6, 2019 2:30 PM

Wheelchair Accessible Sign Language Interpretation
Archived
2/22/2019
Public Hearings
Description


NOTICE OF A JOINT PUBLIC HEARING of the Franchise and Concession Review Committee and the New York City Department of Small Business Services to be held on Monday, March 11, 2019 at 22 Reade Street, Spector Hall, Borough of Manhattan commencing at 2:30 p.m. relative to:

 

INTENT TO AWARD A CONCESSION AGREEMENT to Macquarie Aviation North America Inc., DBA Atlantic Aviation (“Concessionaire”) for the Request for Proposals for the Operation of the East 34th Street Heliport for a period of five (5) years with one five (5) year renewal option.

 

Compensation to the City will be as follows: Concessionaire shall pay to the City concession fees of the greater of a minimum annual guarantee (MAG) versus a percentage of gross receipts. Operating year 1: $1,000,000 (MAG) vs 33% of gross receipts; Operating year 2: $1,075,000 (MAG) vs 34% of gross receipts; Operating year 3: $1,155,625 (MAG) vs 35% of gross receipts; Operating year 4: $1,242,297 (MAG) vs 36% of gross receipts; Operating year 5: $1,335,469 (MAG) vs 37% of gross receipts; Option year 1: $1,500,000 (MAG) vs 38% of gross receipts; Option year 2: $1,612,500 (MAG) vs 38% of gross receipts; Option year 3: $1,733,438 (MAG) vs 38% of gross receipts; Option year 4: $1,863,445.31 (MAG) vs 38% of gross receipts; Option year 5: $2,003,204 (MAG) vs 38% of gross receipts.

 

A draft copy of the Concession Agreement may be reviewed or obtained at no cost, commencing on February 27, 2019 through March 11, 2019, between the hours of 9:30 a.m. and 4:30 p.m., excluding weekends and holidays at the New York City Economic Development Corporation, located at 110 William Street, 4th Floor Mail Room, New York, NY 10038.

 

This location is accessible to individuals using wheelchairs or other mobility devices. For further information on accessibility or to make a request for accommodation, such as sign language interpretation services, please contact the Mayor’s Office of Contract Services (MOCS) via e-mail at DisabilityAffairs@mocs.nyc.gov or via phone at (212) 788-0010. Any person requiring reasonable accommodation for the public hearing should contact MOCS at lease three (3) business days in advance of the hearing to ensure availability.

 

TELECOMMUNICATION DEVICE FOR THE DEAF (TDD) 212-504-4115


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