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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)
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.
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.
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.
Metropolitan Transportation Authority
The Metropolitan Transportation Authority is issuing a Request for Expressions of Interest (RFEI) relating to the provision of wireless broadband services in Long Island Rail Road and Metro-North Railroad trains and stations. For information about the request for expressions of interest (RFEI), please click on the links below.
Request for Expressions of Interest for Wireless Broadband in Trains and Stations
Addendum to Request for Expressions of Interest for Wireless Broadband in Train Stations
MTA Metro-North Railroad
The Metropolitan Transportation Authority is seeking proposals from qualified parties interested in leasing a newsstand concession space located in the interior lobby of the MTA Headquaters building at 347 Madison Avenue, New York, New York. For information about the property and site inspections, please click on the link below.
Metropolitan Transportation Authority-Grand Central Terminal
The Metropolitan Transportation Authority is seeking proposals from qualified parties interested in leasing space at Grand Central Terminal. For information about the properties and the requests for proposals, please click on the link below.
Please note: The due date for The Biltmore Room RFP has been extended by three (3) weeks. The new due date is now Friday, March 26, 2010 by 5:00 PM.
Request for Proposals, Grand Central Terminal, Space MC-32
Request for Proposals, Grand Central Terminal, Space MKT-24
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.
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.
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.
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)
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