1155 DHS, LLC

City-funded organization

1155 DHS, LLC is a single-purpose real estate entity that holds New York City Department of Education leases, despite the 'DHS' in its name; the active contract, registered as 'PREMISES TO BE USED AS A HIGH SCHOOL' ($49.8 million), is with the Department of Education, not the Department of Homeless Services. A second, now-expired lease, 'LEASED PREMISES 1155 DEKALB AVE.-K' ($11.3 million), also with the DOE, ended in 2013. Both leases were negotiated real-property agreements rather than competitive bids, so 100% of contract value ($61.1 million across 2 contracts) was awarded without a fresh competitive bid, and the city has paid $25.5 million to date.

City contracts (active)
$49,785,879 · 1 contract
Awarded all-time
$61,056,660 · 2 since 1998, incl. expired
Paid to date
$25,881,977
Won without a fresh bid
100% of contract value · $61,056,660 · 2 contracts

Holds contracts at

City contracts

Registered city contracts, largest first by current contract value (not amount spent): running now, then registered to start later, then ended. Totals count every registered contract. Each line shows its Checkbook contract ID. The tag on each row is how it was awarded (“no-bid” = non-competitive).

Sources