Cpi Sitex Maspeth Industrial Owner LLC
City-funded organization
CPI Sitex Maspeth Industrial Owner LLC is the ownership entity for the industrial property at 58-80 Borden Avenue in Maspeth, Queens, which industrial real estate investor Sitex Group acquired in a roughly $50 million deal in November 2021. Checkbook NYC shows the entity holds a no-bid FDNY lease renewal (Lease #8608) at that address worth $95,793,144, plus an expired lease closeout contract of $870,547, with $12,300,546 paid to date across its two contracts since 2021.
- City contracts (active)
- $95,793,144 · 1 contract
- Awarded all-time
- $96,663,691 · 2 since 2021, incl. expired
- Paid to date
- $12,875,673
- Won without a fresh bid
- 100% of contract value · $96,663,691 · 2 contracts
Holds contracts at
- Fire Department 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).
- Lease Renewal #8608 / 58-80 Borden Ave., Maspeth / FDNY Fire Department · CT105720231421691 $95,793,144
- CLOSEOUT OF LEASE AGREEMENT FOR 58-80 BORDEN AVE / FDNY Fire Department · CT105720221411491 · ended 2023 $870,547