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DCAS's notification process for lease expirations

1:23:20

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37 sec

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The DCAS representative explains the agency's process for notifying tenants about lease expirations, addressing both city agency tenants and cases with private operators.

DCAS has a process to notify city agency tenants about lease expirations
The agency monitors lease expiration dates and contacts tenants accordingly
For cases with private operators (e.g., senior centers, daycares), the process may be different
The representative notes that the daycare portfolio has been transferred to the Department of Education

Laura Ringelheim

1:23:20

So are you talking about when it's it's private property that the city occupies?

1:23:25

And are you saying is is there a rule that we would notify our tenant, which is usually a city agency.

1:23:32

Or are you talking only about when there's an operator in that?

1:23:37

Okay.

1:23:37

So there is a process where Decast notifies our tenants.

1:23:40

Jose, it's to It's a city agency.

1:23:42

City agency, and that lease is going to expire in 2 years.

1:23:46

We contact we we monitor when the lease is gonna expire.

1:23:49

Contact the agency, and the agency makes an assessment.

1:23:52

Do we still need to keep that space?

1:23:54

And they submit a form to keep that space.

Jennifer Gutiérrez

1:23:24

Mhmm.

1:23:35

Let's suit both so that I'm clear.

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DCAS's role in leasing properties and lease negotiation process

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Timeline for lease expiration notifications and DCAS-managed properties