MTA Real Estate / Retail+Leasing

Retail+Leasing

The Real Estate Department offers properties and business opportunities for lease or license in a variety of different ways. The most common process for soliciting interest from prospective tenants and licensees is through a formal Request for Proposals (“RFP”). Other retail and leasing opportunities, however, may be available outside of the RFP process, either directly through the MTA Real Estate Department or by a licensed real estate broker.

Requests for Proposal (RFP)

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The RFP provides information on the available property or location, explains how to prepare a proposal, and outlines the likely terms of prospective leases or licenses. The RFP describes improvements that the operator of a business is expected to make to the property as a condition of the agreement. As part of an RFP, a site visit will generally be arranged to permit the prospective proposers to view the property or premises being offered. The Real Estate Department seeks proposals from as many potential operators as possible, evaluates all of the proposals submitted, negotiates terms and conditions, and concludes the transaction.

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MTA invites all interested parties to submit a proposal in response to an announcement of an RFP. The specific requirements of any RFP and the documents required in support of any proposal will be detailed in the RFP information packet which is available on-line or by contacting the Real Estate Department. These documents generally include the Applicant Information Statement (AIS), the Proposed Compensation Form, and an Internal Revenue Service Form W-9. Each proposal will also require a Proposal Deposit.

All inquiries are encouraged, and the MTA welcomes the participation of minorities, women, and other disadvantaged groups in the business opportunities available on MTA property. The MTA Office of Civil Rights at 646-252-1364 is available to provide assistance to applicants. No proposer will be subject to discrimination on the basis of race, creed, color, national origin, marital status, gender, sexual orientation, age, or disability.

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There is generally a 60-to-90-day evaluation period, during which further negotiations may take place before a final decision is made on an award. As a matter of policy, most leases or license agreements are submitted for approval to the board of the MTA.

To clarify all of the requirements governing any particular RFP and to be certain that you receive all of the information that is available, please be sure to contact the real estate manager responsible for the particular RFP in which you are interested prior to your submission.

Scroll down to see a list of properties presently available under RFPs or as Other Opportunities.

Current RFPs

Metropolitan Transportation Authority

The Metropolitan Transportation Authority is seeking proposals from qualified parties for the acquisition and/or long term leasing of air space and related real property interests for development at the Eastern Rail Yard and the Western Rail Yard sections of the Long Island Rail Road’s West Side Yard . For information about the properties and the requests for proposals, please click on the links below.

Request for Proposals for Development at the Eastern Rail Yard Section of the LIRR West Side Yard

Request for Proposals for Development at the Western Rail Yard Section of the LIRR West Side Yard

MTA Long Island Rail Road

The Metropolitan Transportation Authority is seeking proposals for newsstand concessions, retail spaces, use of vacant land, and Transfer Development Rights at various Long Island Rail Road locations. For information about the properties and site inspections, click on the links below.

Request for Proposals for newsstand concessions, retail spaces, use of vacant land, and Transfer of Development Rights at various Long Island Rail Road locations

Frequently Asked Questions about the retail space at Pennsylvania Station, New York, NY

Site Inspection for Flatbush Avenue/Atlantic Avenue Newsstand Site, Brooklyn, NY

Final Site Inspection for Flatbush Avenue/Atlantic Avenue Newsstand Site, Brooklyn NY

Other Opportunities

Direct Offerings

Certain retail and leasing opportunities are occasionally available directly from the Real Estate Department or through licensed real estate brokers.

MTA Metro-North Railroad. Two parcels adjacent to former electrical substation building at Tuckahoe are available for development under a ninety-nine (99) year net lease opportunity.

Tuckahoe

MTA Metro-North Railroad. The Metropolitan Transportation Authority is seeking proposals from qualified parties (food and beverage companies, bottlers, distributers and/or vending machine companies) for the provision of food and beverage vending machines at Metro-North's seventy-seven (77) stations in New York State and to Metro-North employee facilities. For information about the request for proposals, please click on the link below.

Request for Proposals and Frequently Asked Questions for MTA Metro-North's System-wide Vending Program

MTA Metro-North Railroad. The Metropolitan Transportation Authority is seeking proposals from qualified parties for the license of restaurant/concession space at the MTA Metro-North Rail Road Peekskill train station. For information about the property, please click on the links below.

Request for Proposals and Addendums for Restaurant/Concession Space at MTA Metro-North Railroad Peekskill Train Station

MTA Metro-North Railroad. The Metropolitan Transportation Authority is seeking proposals from qualified parties for the license of restaurant/concession space at the MTA Metro-North Rail Road Poughkeepsie train station. For information about the property, please click on the links below.

Request for Proposals and Addendums for Restaurant/Concession Space at MTA Metro-North Rairoad Poughkeepsie

MTA New York City Transit. Retail/newsstand space is available for license at the following MTA New York City Transit station. For inquiries about the following location, please contact the MTA Real Estate Department at 212-878-7049.

Howard Beach/JFK Airport Station (A)

Grand Central Terminal

For inquiries about leasing opportunities at Grand Central Terminal please contact

Mr. Jordan Wein
MTA Real Estate Manager.
341 Madison Avenue, 5th Floor
New York, NY 10017
Telephone: 212-878-7034
Fax: 212-878-0108

For other information about Grand Central Terminal please contact:

Jones Lang LaSalle Americas, Inc.
Grand Central Terminal, Hall 3A
New York, N Y 10017
Telephone: 212-340-2345
Fax: 212-340-2366

Please visit the Grand Central Terminal Web site at:

http://www.GrandCentralTerminal.com

Getting Permission to Use an MTA Property

Our staff can help you determine what property is owned by the MTA and, if necessary, help you obtain the necessary license or permit and requirements for insurance. You can start your research by getting a tax map from your municipality and locating the block and lot number of the property in which you are interested.

Please send us this information, including the proposed use and if possible a map. If you are looking to use the property for a limited period of time, we also need to know how long you plan to use the property. Send to:

Director of Real Estate
Real Estate Department
Metropolitan Transportation Authority
347 Madison Avenue
New York, New York 10017