Factory Lessor LLC

City-funded organization

Factory Lessor LLC is a single-purpose real-estate leasing entity registered in New York, consolidated under Factory Lic Mezz LLC and connected to Atlas Capital Group's "The Factory," a 1.12-million-square-foot former Macy's warehouse converted to office/loft space at 30-30 47th Avenue in Long Island City. Its sole recorded relationship with the city is a single, non-competitively negotiated Department of Citywide Administrative Services lease amendment for space at that building (for the Department of Health and Mental Hygiene), worth $133.2 million, of which $32.7 million has been paid to date.

City contracts (active)
$133,165,140 · 1 contract
Awarded all-time
$133,165,140 · 1 since 2020, incl. expired
Paid to date
$33,326,939
Won without a fresh bid
100% of contract value · $133,165,140 · 1 contract

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