Arc Nyc123william LLC

City-funded organization

Arc Nyc123william LLC is a single-purpose real estate entity tied to 123 William Street, a Lower Manhattan office tower acquired in 2015 by American Realty Capital New York City REIT; it leases office floors at that address to NYC's Department of Youth and Community Development and Department of Social Services, holding $72.7 million in active city lease contracts as of August 2026.

City contracts (active)
$72,691,679 · 2 contracts
Awarded all-time
$77,519,810 · 3 since 2015, incl. expired
Paid to date
$31,491,467
Won without a fresh bid
100% of contract value · $77,519,810 · 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