Forest City Jay Street Associates LLC

City-funded organization

Forest City Jay Street Associates LLC is a real estate entity whose name reflects the Forest City-developed MetroTech office complex on Jay Street in Downtown Brooklyn. The Municipal Art Society's public-space registry lists Forest City Ratner Companies as the owner of 1 MetroTech Center, and Forest City Realty Trust's Brooklyn office holdings in that complex were sold to Brookfield Asset Management in a deal that closed in December 2018 (Commercial Observer). Checkbook NYC records show it holds $19 million in active city leases and license agreements (three registrations), the largest a Department of Social Services office lease at 1 MetroTech, and $41 million awarded since 1994 across six registrations covering the Department of Social Services, the Department of Citywide Administrative Services, the Department of Information Technology and Telecommunications, the Fire Department, and the Law Department. Every one of those six contracts was recorded as a negotiated real-property agreement rather than a competitively re-bid one, matching the site's finding that 100 percent of its contract value was won without a fresh bid.

Industry (per city contracts)
Professional Services
City contracts (active)
$18,670,503 · 3 contracts
Awarded all-time
$41,200,938 · 6 since 1994, incl. expired
Paid to date
$35,281,259
Won without a fresh bid
100% of contract value · $41,200,938 · 6 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