Centerpoint Flatlands 10300 LLC

City-funded organization

Centerpoint Flatlands 10300 LLC is a property-holding entity tied to the Flatlands industrial portfolio in Brooklyn owned by CenterPoint Properties, an Illinois-based industrial real estate investment firm that acquired the roughly 925,000-square-foot portfolio, including 103-00 Foster Avenue, in a $134 million purchase reported in January 2020. The entity holds $46.9 million in active NYC leases across 3 contracts as of August 2026 with the Department of Social Services, Administration for Children's Services and Department of Citywide Administrative Services (an HRA lease assignment) for space at 102-50 and 103-00 Foster Avenue in Brooklyn. Since 2020 it has been awarded $51.9 million in city contract value across 4 contracts, with 100% of contract value awarded without a fresh competitive bid, through lease assignments and negotiated renewals rather than open bidding.

Industry (per city contracts)
Standardized Services
City contracts (active)
$46,923,984 · 3 contracts
Awarded all-time
$51,896,266 · 4 since 2020, incl. expired
Paid to date
$20,283,271
Won without a fresh bid
100% of contract value · $51,896,266 · 4 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