137 Centre Street Assemblage RFP Information Session March 12, 2015
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1 137 Centre Street Assemblage RFP Information Session March 12, 2015 NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION
2 Agenda Site Description Existing Condition Project Elements RFP Procedures & Deadlines Questions NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 2
3 Site Description Manhattan Block 197 Civic Center/Tribeca 1 mile 0.5 mile NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 3
4 Existing Condition 45,000 SF, 9-story office building Built c DCAS-managed Occupied by Sanitation & NYPD 9 DCAS 8 NYPD 7 NYPD 6 Sanitation 5 Sanitation 4 Sanitation 3 Sanitation 2 Sanitation 1 Sanitation NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 4
5 RFP Goals Maximize development potential and value For residential Proposals, create a thriving mixed-use, mixed-income development Respond to community needs and provide needed services or neighborhood amenities Responsibly develop the Project by delivering on a comprehensive hiring and wage program Incorporate design excellence Plan and execute a feasible development Generate sale proceeds to the City to include compensation for tenant relocation and provide new tax revenue NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 5
6 Air Rights & DCTV Property Manhattan Block 197 Air Rights Owned by DCTV 74,370 SF Uses of DCTV Property Cantilever Construction in alleyway Subject to DCTV consent Existing Building ZFA 41,000 Unused Air Rights - Lot 17 10,000 DCTV Air Rights - Lot 1 74,370 TOTAL 125,370 All zoning calculations must be independently verified NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 6
7 Universal Pre-K Facility No higher than 3 rd floor; ground floor preferred Proposals to detail key business terms of occupancy Target Program Use Four classrooms, including toilets Net Square Feet 3,600 Resource Room 375 Multi-Purpose Room 1,200 Pantry 500 Lobby/Administration/ Storage/Custodial 1,600 NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 7
8 Housing Program NYCEDC will consider all allowable uses for the site For residential proposals Mixed-income housing adhering to Housing New York strongly encouraged Inclusionary Housing bonus available to 12 FAR NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 8
9 Tenant Relocation & Sale/Leaseback Tenant Relocation DCAS process underway Sale/Leaseback Leaseback expected not to extend past Feb DCAS will manage building during leaseback Rent free period NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 9
10 Public Approvals City Environmental Quality Review Uniform Land Use Review Process (ULURP) 384(b)4 - Manhattan Community Board 1 and Borough Board NYCEDC and NYCLDC Boards DCAS lease approvals No contingency for Landmarks Preservation Commission review (required if projects use the DCTV Property) NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 10
11 Economic and Workforce Opportunity Considerations The Respondent s commitment to the following requirements will be considered in selection: M/WBE: Increase subcontracting opportunities for Minority and Women-Owned Businesses through participation with a goal of 20-35% of costs associated with the development contracted to M/WBE Employment Opportunities Program (EOP): Provide outreach plan for construction employment opportunities for low-income workers HireNYC: Consider Target Population employees for permanent employment opportunities when 10+ jobs are created Living Wage/Prevailing Wage: Ensure compliance with Living and Prevailing Wage Laws. If exempt, Respondents should strive to provide employees with a Living Wage For more information, visit: NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 11
12 Procedures & Deadlines Procedure Review Proposal Requirements (p. 17) and Selection Criteria (p. 25) Submit 6 hard copies & 1 electronic copy to EDC by April 30 Important Dates Additional Questions to 137CentreStreetRFP@edc.nyc by April 14 Additional Q&A posted at by April 21 Submissions Due April 30 NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 12
13 Questions? NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 13
14 Appendix: Alleyway NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION 14
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