Mra Hub 34 Owner LLC
City-funded organization
Mra Hub 34 Owner LLC is a single-purpose real estate holding entity affiliated with Metropolitan Realty Associates (MRA) and capital partner Nuveen, which owns Hub LIC, a roughly 330,000-square-foot former industrial loft building at 47th Street/34th Street in Long Island City, Queens. The city's Department of Transportation leases over 200,000 square feet of the building; the current lease is a non-competitively negotiated real-property agreement valued at $164.2 million, following a prior license agreement with the same landlord entity worth $24.1 million.
- City contracts (active)
- $164,196,043 · 1 contract
- Awarded all-time
- $188,312,003 · 2 since 2020, incl. expired
- Paid to date
- $32,457,984
- Won without a fresh bid
- 100% of contract value · $188,312,003 · 2 contracts
Holds contracts at
- Department of Transportation 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 Agreement for DOT Space 47-35 34th St, Queens Department of Transportation · CT184120260000991 $164,196,043
- License Agreement Closeout for DOT Space 47-35 34th St. Qns. Department of Transportation · CT184120211409604 · ended 2025 $24,115,960