NOTICE IS HEREBY GIVEN THAT A REAL PROPERTY ACQUISITIONS AND DISPOSITIONS PUBLIC HEARING, in accordance with Section 824 of the New York City Charter, will be held on October 14th, 2020 at 10:00 a.m. via Conference Call No. 1-646-992-2010, Access Code 717-876-299.
IN THE MATTER OF a lease extension for the City of New York, as tenant, of a portion of the building located at 80 East 181st Street, (Block 3178, Lot 32) in the Borough of the Bronx for the Department of Education to use as a Day Care Center.
The proposed use was approved by the City Planning Commission on July 11, 2018, (Calendar No. 19) pursuant to §197 c of the New York City Charter.
The proposed lease extension shall commence upon lease execution and shall continue for a term of 15 years following Substantial Completion of alterations and improvements at an annual rent of $459,368 from execution through Substantial Completion; then $821,498 for the next 5 years; then $903,647 for the next 5 years; and $994,012 for the final 5 years, payable in equal monthly installments at the end of each month. Additionally, with the first payment of rent, Tenant shall pay to Landlord a lump-sum payment equal to $4,993 per month for the period April 24, 2015 to execution.
The Tenant shall have one 5-year option to renew at 90% Fair Market Value.
The lease extension may be terminated in whole by the Tenant at any time after the 5th year following Substantial Completion, provided the Tenant gives the Landlord twelve months’ prior written notice. Tenant shall pay to landlord the unamortized portion of $950,000, amortized over a 5-year period commencing on and from the 5th anniversary of the Substantial Completion date.
The Landlord shall prepare final architectural plans and engineering plans and make alterations and improvements in accordance with preliminary specifications which are attached to the lease. The alterations and improvements consist of Base Building Work and Tenant Work, which the landlord shall provide at its sole cost and expense.
Further information, including public inspection of the proposed lease may be obtained at One Centre Street, Room 2000 North, New York, N.Y. 10007. To schedule an inspection, please contact Chris Fleming at (212) 386-0315.
Individuals requesting Sign Language Interpreters/Translators should contact the Mayor’s Office of Contract Services, Public Hearings Unit, 253 Broadway, 9th Floor, New York, N.Y. 10007, (212) 788-7490, no later than TEN (10) BUSINESS DAYS PRIOR TO THE PUBLIC HEARING. TDD users should call VERIZON relay services.
IN THE MATTER OF a lease extension and amendment agreement to an existing lease (“Lease Extension Agreement”) for the City of New York, as tenant, on the 1st floor, 2nd floor, mezzanine and roof of the building located at 66-26 Metropolitan Avenue (Block 3605, Lot 1) in the Borough of Queens for the Department of Citywide Administrative Services, the Department of Records and Information Services and the Board of Elections to use as a multi-agency warehouse and ancillary office facility, or for such other similar purposes as the Commissioner of the Department of Citywide Administrative Services may determine.
The proposed term of the Lease Extension Agreement shall be for period of twenty (20) years from February 10, 2021 to February 9, 2041, at the annual rent as follows: $4,873,092.50 per annum from February 10, 2021 to the Substantial Completion Date of the Base Building Work; $9,806,185.00 per annum from the Substantial Completion Date of the Base Building Work to February 9, 2026; $10,786,803.50 per annum from February 10, 2026 to February 9, 2031; $11,865,483.85 from February 10, 2031 to February 9, 2036; and $ 13,052,032.24 from February 10, 2036 to the Expiration Date (i.e., February 9, 2041), payable in equal monthly installments at the end of each month, all as more specifically set forth in the Lease Extension Agreement.
Tenant may terminate the existing lease, as extended and amended by the Lease Extension Agreement, effective as of February 10, 2031, provided the tenant gives the landlord prior written notice on or before February 10, 2030.
Tenant shall have the right to further extend the lease term for two (2) consecutive terms of five (5) years each at 95% of the fair market rental value, all as more specifically set forth in the Lease Extension Agreement.
Landlord, at its sole cost and expense, shall provide final architectural plans and engineering plans and make alterations and improvements in accordance with preliminary architectural plans and specifications and scopes of work which are attached to the Lease Extension Agreement. The alterations and improvements consist of Base Building Work, which the landlord shall provide at its sole cost and expense, and Tenant Improvement Work. The total cost of the Tenant Improvement Work shall not exceed $2,287,913.00, of which the Landlord shall contribute $2,845,000.00, and any unused portion of the Landlord’s contribution shall be credited towards rent, all as more specifically set forth in the Lease Extension Agreement.
Further information, including public inspection of the proposed lease may be obtained at One Centre Street, Room 2000 North, New York, N.Y. 10007. To schedule an inspection, please contact Chris Fleming at (212) 386-0315.
Individuals requesting Sign Language Interpreters/Translators should contact the Mayor’s Office of Contract Services, Public Hearings Unit, 253 Broadway, 9th Floor, New York, N.Y. 10007, (212) 788-7490, no later than TEN (10) BUSINESS DAYS PRIOR TO THE PUBLIC HEARING. TDD users should call VERIZON relay services.
IN THE MATTER OF an extension of the lease for the City of New York, as tenant, of space on the 3rd floor of the building located at 1201 Surf Avenue (Block 7266, Lot 250) in the Borough of Brooklyn for Community Board No. 13 to use as an office, or for such other use as the Commissioner of the Department of Citywide Administrative Services may determine.
The term is from execution to July 6, 2025 at an annual rent of $43,832.00, payable in equal monthly installments at the end of each month. Tenant shall also pay a lump sum retroactive payment of $3,652.67 per month for the period July 7, 2020 to execution.
The lease extension may be terminated at the end of two years, or at any time thereafter, provided the Tenant gives the Landlord six months prior written notice.
Further information, including public inspection of the proposed lease may be obtained at One Centre Street, Room 2000 North, New York, N.Y. 10007. To schedule an inspection, please contact Chris Fleming at (212) 386-0315.
Individuals requesting Sign Language Interpreters/Translators should contact the Mayor’s Office of Contract Services, Public Hearings Unit, 253 Broadway, 9th Floor, New York, N.Y. 10007, (212) 788-7490, no later than TEN (10) BUSINESS DAYS PRIOR TO THE PUBLIC HEARING. TDD users should call VERIZON relay services.
IN THE MATTER OF the acquisition of a property located at 300 Prospect Avenue - Goodhue Park, Phase III, in the Borough of Staten Island, (Block 100, Lot 30) (the “Property”), as shown on the tax map of the City of New York. The City is acquiring the Property to facilitate the creation of Goodhue Park in northeastern Staten Island’s New Brighton and Randall Manor neighborhoods.
The proposed acquisition was approved by the City Planning Commission pursuant to NYC Charter Sections 197- c on August 19,2009 (ULURP No. C 080192 MMR; Cal. No. 33).
The proposed purchase price is $12,000,000.
Further information, including public inspection of the proposed amendment may be obtained at One Centre Street, Room 2000 North, New York, N.Y. 10007. To schedule an inspection, please contact Chris Fleming at (917) 968-8345.
In order to access the Public Hearing and testify, please call 1-646-992-2010, Access Code:
717-876-299 no later than 9:55 AM. If you need further accommodations, please let us know
at least five business days in advance of the Public Hearing via e-mail at DisabilityAffairs@mocs.nyc.gov.