Forrest City Myrtle Associates LLC

City-funded organization

Forrest City (Forest City) Myrtle Associates LLC is a real-estate holding entity tied to the office building at 15 MetroTech Center (now 115 Myrtle Avenue) in Brooklyn's Downtown Brooklyn/MetroTech complex, historically part of developer Forest City Ratner's portfolio and now under Brookfield, which acquired Forest City Realty Trust in 2018. The LLC leases city office space to NYC agencies without competitive bidding: it holds an $18.3 million active Department of Citywide Administrative Services lease encumbrance, and its all-time record of $308 million across 3 contracts (including a closed-out HRA lease worth $237.3 million paid and a Department of Information Technology and Telecommunications lease worth $52.4 million) is 100% non-competitively negotiated, typical for real-property leases.

Industry (per city contracts)
Professional Services
City contracts (active)
$18,323,848 · 1 contract
Awarded all-time
$308,052,064 · 3 since 2003, incl. expired
Paid to date
$293,607,982
Won without a fresh bid
100% of contract value · $308,052,064 · 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