PBS Capital LLC

City-funded organization

PBS Capital LLC is a real estate entity that leases property to the NYC Department of Citywide Administrative Services under a single long-term lease contract valued at $204.6 million as of August 2026, awarded without competitive bidding and active since 2005.

City contracts (active)
$204,609,718 · 1 contract
Awarded all-time
$442,623,524 · 2 since 2005, incl. expired
Paid to date
$1,740,000
Won without a fresh bid
100% of contract value · $442,623,524 · 2 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