540 Fulton Owner LLC
City-funded organization
540 Fulton Owner LLC is a single-purpose real estate entity. Real-estate trade press (The Real Deal) and Jenel Real Estate's own site describe an entity by this name as tied to Jenel Management's development of the 43-story mixed-use tower "The Paxton" at 540 Fulton Street in Downtown Brooklyn, a property Jenel sold in 2024. Separately, the entity holds one active New York City Department of Citywide Administrative Services contract, registered since 2023 and worth $29.3 million, tagged "Negotiated (real-property/other)" in Checkbook (100% of that value won without a fresh competitive bid); the contract's own title is "CONSTRUCTION AND LEASE FOR DOHMH AT 532 FULTON STREET," a different Fulton Street address than the Paxton tower, and no source confirms the two are the same building.
- Industry (per city contracts)
- Standardized Services
- City contracts (active)
- $29,276,914 · 1 contract
- Awarded all-time
- $29,276,914 · 1 since 2023, incl. expired
- Won without a fresh bid
- 100% of contract value · $29,276,914 · 1 contract
Holds contracts at
- Department of Citywide Administrative Services 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).
- CONSTRUCTION AND LEASE FOR DOHMH AT 532 FULTON STREET Department of Citywide Administrative Services · CT185620255400121 $29,276,914