88 Third Avenue Associate JT 88 Holding Inc

City-funded organization

88 Third Avenue Associate JT 88 Holding Inc is a real-estate holding entity (its name references a property at 88 Third Avenue in Manhattan) whose sole registered NYC contract was a negotiated, non-competitively-awarded real-property agreement with the Department of Citywide Administrative Services, originally registered in 1994 at $27,056,075 and amended upward 59 times to $160,256,346 before it was reassigned and expired in 2023; $103.2 million has been paid to date. Checkbook NYC lists George Sestak as chairman/CEO.

City contracts
none active as of 2026-08-22 · $160,256,346 awarded since 1994
Paid to date
$103,216,875
Won without a fresh bid
100% of contract value · $160,256,346 · 1 contract
Chairman / CEO
George Sestak

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