phone: (212) 440-2200
email: gibids@govisland.org
PIN#2023-07-20 Due:
The Trust seeks outside counsel through this RFP for legal services in the area of Real Estate Transactions and Construction, to support a range of projects and property-related matters in connection with Governors Island, including but not limited to:
• Leases, licenses, access agreements, and other occupancy agreements, including abstracts of the same.
• Term sheets, designation letters, escrow agreements, and/or pre-development agreements.
• Partnerships, entity structuring, and transactional documentation associated with financing and economic-development programs, including Historic Rehabilitation Tax Credits, New Market Tax Credits, New York City Industrial Development Agency (IDA) incentives.
• Property transactions and related actions characteristic of those involving agencies and affiliates of the City of New York and other governmental or quasi-governmental entities.
• Construction agreements, including lump-sum general contracts, Guaranteed Maximum Price (GMP) contracts, construction-management agreements, and owner’s-representative service agreements.
The selected Proposer(s) may be asked to attend meetings and negotiations, as reasonably requested by the Trust, with actual or potential tenants and other counterparties. The selected Proposer(s) will collaborate with the Trust, the New York City Law Department, and other City agencies, and may also be asked to collaborate with other firms under retainer with the Trust for specific legal services in complementary areas (Historic Tax Credit counsel, land-use counsel, etc.).
The Services to be provided by any selected Proposer(s) will be on an as-needed basis, as requested by the Trust, during a 3-year agreement term, with a single 2-year extension period exercisable by the Trust in its discretion.
The RFP may be accessed at the following site: https://www.govisland.com/real-estate/rfps