11 Park Place LLC

City-funded organization

11 Park Place LLC is a property holding LLC tied to the office building at 11 Park Place in Lower Manhattan, where the Department of Buildings has leased office space; the City Council also held a lease there. Its active contract, a $15 million lease encumbrance with the Department of Citywide Administrative Services running through FY2027, was negotiated rather than competitively bid, as were all four of its city contracts dating to 2007. Across those four contracts, worth $22 million total, 100% of contract value was awarded without a fresh competitive bid, per Checkbook NYC's own metric for the vendor.

Industry (per city contracts)
Standardized Services
City contracts (active)
$14,894,212 · 1 contract
Awarded all-time
$21,856,155 · 4 since 2007, incl. expired
Paid to date
$12,512,205
Won without a fresh bid
100% of contract value · $21,856,155 · 4 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