460 Atlantic Realty Corp

City-funded organization

460 Atlantic Realty Corp is the private landlord of the building at 460 Atlantic Avenue in Downtown Brooklyn, which a 2019 NYC Planning Commission report describes as a roughly 45,000-square-foot, four-story privately owned building that has housed a city-run child care center and a senior center (operated there since 1972). The corporation holds a $9.4 million active lease contract as of August 2026 with the Department for the Aging for that space ("NYC Aging Lease at 460 Atlantic Avenue"), tagged in city records as a negotiated real-property agreement rather than a competitively bid contract, and has been paid $25 million to date on $40 million in city leases awarded since 2000, all negotiated rather than competitively bid.

City contracts (active)
$9,398,254 · 1 contract
Awarded all-time
$40,326,265 · 3 since 2000, incl. expired
Paid to date
$25,007,393
Won without a fresh bid
100% of contract value · $40,326,265 · 3 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