40 Worth Associates LLC
City-funded organization
40 Worth Associates LLC is a real-estate entity whose entire Checkbook NYC contract record consists of office-space rent and lease agreements with city agencies, including the Department of Citywide Administrative Services, Department of Health and Mental Hygiene, Department for the Aging, Department of Environmental Protection, and Department of Design and Construction, at addresses including 40 Worth Street (a ~800,000-square-foot 1929 office building in Tribeca) and 151 West Broadway. It has been awarded $127.2 million across 12 contracts since 1999, 100% of that value through non-competitive, negotiated real-property leases rather than bids, with a $6.34 million DDC lease currently active.
- Industry (per city contracts)
- Human Services
- City contracts (active)
- $6,339,289 · 1 contract
- Awarded all-time
- $127,451,152 · 12 since 1999, incl. expired
- Paid to date
- $71,134,864
- Won without a fresh bid
- 100% of contract value · $127,451,152 · 12 contracts
Holds contracts at
- Department for the Aging City agency
- Department of Citywide Administrative Services City agency
- Department of Design and Construction City agency
- Department of Environmental Protection City agency
- Department of Health and Mental Hygiene City agency
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).
- FY27 Encumbrance Department of Design and Construction · CT185020161400137 $6,339,289
- RENT 151 WEST BROADWAY, NEW YORK, N.Y. Department of Citywide Administrative Services · CT185620000022549 · ended 2014 $40,514,213
- 15 YEARS LEASE Department of Citywide Administrative Services · CT185620000014517 · ended 2014 $39,235,719
- RENT - Department of Citywide Administrative Services · CT185620000018703 · ended 2014 $21,027,023
- PROVIDE RENTAL SERVICES FOR SPACE AT, 40 WORTH STREET Department of Citywide Administrative Services · CT185620020003028 · ended 2016 $8,410,955
- LEASE SPACE ON 15TH AND 16TH FL Department of Health and Mental Hygiene · CT181620090023836 · ended 2011 $7,392,000
- LEASE # X7996 Department for the Aging · CT112520111435191 · ended 2013 $1,240,250
- FUNDING FOR LEASE PAYMENTS Department of Design and Construction · CT185020111415061 · ended 2015 $1,158,808
- LEASE CONTRACT WITH 40 WORTH STREET Department for the Aging · CT112520141401621 · ended 2015 $731,548
- Closed. New contract number established. See CT1 201414002 Department of Environmental Protection · CT182620111450012 · ended 2014 $630,303