YS 440W57 Owner LLC
City-funded organization
YS 440W57 Owner LLC is a foreign LLC registered with the NY State Department of State (DOS ID 5940366, active, filed February 12, 2021). Its one recorded NYC contract, "License Agreement Registration for 440 W57th St, HERRC" with the Department of Citywide Administrative Services, is worth $72,510,900, of which the city has paid $20,654,931 to date; Checkbook NYC shows it as no longer active as of August 2026 and lists it as a negotiated real-property agreement, accounting for 100% of contract value awarded without a fresh competitive bid. The address in that contract, 440 West 57th Street in Manhattan, is the former Watson Hotel, which real estate trade press reports Yellowstone Real Estate Investments bought in April 2021 for $175 million and which the city used as a Humanitarian Emergency Response and Relief Center (HERRC) migrant shelter before its planned conversion to residential apartments.
- City contracts
- none active as of 2026-08-22 · $72,510,900 awarded since 2024
- Paid to date
- $20,654,931
- Won without a fresh bid
- 100% of contract value · $72,510,900 · 1 contract
Holds contracts at
- Department of Citywide Administrative Services 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).
- License Agreement Registration for 440 W57th St, HERRC Department of Citywide Administrative Services · CT185620255400076 · ended 2026 $72,510,900