Operation, management of a pedestrian plaza located at old fulton street, between water street and front street in the borough of brooklyn

DOTs Office of Cityscape & Franchises has awarded a Sole Source License Agreement (License), pursuant to Section 1-16 of the Concession Rules of the City of New York, to the DUMBO District Management Association, Inc. (Concessionaire), whose address is 20 Jay Street, Suite 510, Brooklyn, NY 11201, to provide for the operation and management of a pedestrian plaza located at Old Fulton Street, between Water Street and Front Street in the borough of Brooklyn (Licensed Plaza); and maintain and/or repair certain amenities installed within the Licensed Plaza, including through City-approved plaza events, sponsorships, gifts, and subconcession(s), including but not limited to providing for the sale of any of the following: prepared food, beverages, locally grown produce or locally manufactured products, merchandise (such as souvenirs or T-shirts), and other similar merchandise within the Licensed Plaza. Subconcessions will be awarded based on solicitations issued by the Concessionaire in the basic form of a Request for Proposals or Request for Bids, subject to DOTs prior written approval of both solicitation and award. The term of the License will provide for one (1) five-year term, commencing upon written Notice to Proceed, with two (2) five- year renewal options, exercisable at the sole discretion of DOT. The Concessionaire will be required to use any revenue generated by this concession for the maintenance and/or repair, including reasonable administrative costs, of the Licensed Plaza.

Agency: Transportation

Category: Services (other than human services)

Selection Method: Sole Source

PIN: 20238201021