Paidge Steele, LLC Steel Equities
City-funded organization
Steel Equities is a Long Island (Bethpage) based commercial real estate investment firm focused on industrial and warehouse properties; it owns the warehouse at 59 Paidge Avenue in Greenpoint, Brooklyn, which the FDNY has leased since 1995 to store and repair fire trucks. Checkbook NYC lists the vendor as "Paidge Steele, LLC Steel Equities," which holds an active $23 million lease with the Fire Department for that site ("New Lease #8685 for 59 Paidge Ave, Block 2491, Lot 51"), and has been awarded $34 million in city lease contracts since 2008, 100% of that value awarded without a fresh competitive bid (negotiated real-property agreements).
- City contracts (active)
- $22,846,699 · 1 contract
- Awarded all-time
- $34,086,986 · 5 since 2008, incl. expired
- Paid to date
- $11,749,189
- Won without a fresh bid
- 100% of contract value · $34,086,986 · 5 contracts
Holds contracts at
- Fire Department 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).
- New Lease #8685 for 59 Paidge Ave, Block 2491, Lot 51 Fire Department · CT105720261412361 $22,846,699
- CLOSEOUT OF LEASE AGREEMENT FOR 59 PAIDGE AVE / FDNY Fire Department · CT105720181419939 · ended 2025 $7,183,259
- TO PAY BALANCES ON EXPIRED AGREEMENT Fire Department · CT105720141403919 · ended 2017 $2,960,148
- LEASE REGISTRATION FOR PAIDGE STEEL, LLC Fire Department · CT105720090025216 · ended 2014 $833,068
- LEASE RE-REGISTRATION FOR PAIDGE STEEL, LLC 1/1 Fire Department · CT105720080023134 · ended 2011 $263,812