KBS SOR SREF III William, LLC

City-funded organization

KBS SOR SREF III William, LLC is a subsidiary tied to a 2014 joint venture between KBS Strategic Opportunity REIT (KBS Capital Advisors) and Savanna that acquired the office building at 110 William Street in Lower Manhattan for about $261 million. The entity has held five NYC leases since 2014, all negotiated without competitive bidding, for space at that building leased by the Administration for Children's Services and for office space leased by the Independent Budget Office; two remain active worth a combined $94,170,262 (of $112,260,500 awarded all-time), with $45,461,469 paid to date.

Industry (per city contracts)
Human Services
City contracts (active)
$92,286,563 · 1 contract
Awarded all-time
$112,260,500 · 5 since 2014, incl. expired
Paid to date
$45,959,392
Won without a fresh bid
100% of contract value · $112,260,500 · 5 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