Q&A
Timeline for lease expiration notifications and DCAS-managed properties
1:23:57
·
147 sec
The discussion covers the timeline for lease expiration notifications and touches on the number of DCAS-managed properties with private landlords and nonprofit operators.
- DCAS confirms that they typically notify tenants at least 2 years before lease expiration
- For some cases, like senior centers, the notification process may start earlier (e.g., 3 years)
- Council Member Gutiérrez requests information on the number of DCAS-managed properties with private landlords and nonprofit operators
- The DCAS representative agrees to provide this information, including data on senior centers and previously managed daycare centers
Jennifer Gutiérrez
1:23:57
2 years.
Laura Ringelheim
1:23:58
Yeah.
1:23:59
Our it is 2 for some it's longer, but it's it's at least usually 2 years where we are reaching out or the agency reaches out to us to do that assessment.
1:24:10
So in the case of an operator, which you're talking about senior centers or day care, those are really the only places where we have operators.
1:24:19
Just so you know for day cares, that whole portfolio has been transferred to DOE.
Jennifer Gutiérrez
1:24:23
Mhmm.
Laura Ringelheim
1:24:24
And day cares were very difficult as our senior centers and very difficult to cite.
1:24:29
So it is probably a longer process where we might give 3 years to the to the tenant who probably would like to stay there.
1:24:39
Something that they the policy was before being transferred to DOE or moving forward, that's what you're doing now.
1:24:44
I'm I'm not sure what DOE does with respect to their taking over those leases, but I do know that DCAS would start negotiating usually well before for or or at that 2 year period.
1:24:56
So, yes, the so to answer your question succinctly, the tenant would know that this is when they're expiring.
1:25:02
It just might be that we cannot work out a deal with the landlord.
Jennifer Gutiérrez
1:25:07
Okay.
1:25:07
That's the most So in both scenarios, the tenant, whether they're an agency or a nonprofit, in my instance, would know well within 2 years of the lease expiring that there's your lease is up, we are attempting to renegotiate.
Laura Ringelheim
1:25:20
Correct.
1:25:20
It's just that we may not be able to get to resolution.
1:25:23
And that's probably where the uncertainty for both the city and the operator come into place.
1:25:28
K.
Jennifer Gutiérrez
1:25:28
Well, that didn't happen 10 years ago, but we're moving forward.
1:25:31
Okay.
1:25:32
Can you give me a sense on just two more questions?
1:25:34
I apologize.
1:25:36
Do you have a sense of just how many of these properties decast has where there in where there's a private landlord and an operator, a nonprofit?
1:25:45
Like you said, mainly day cares in senior centers.
1:25:47
Do you have a sense of how many of those leases you are all a part of considering, yes, that the the DOE now does the day care.
1:25:58
And do you have a sense of where they're located or can you share?
Laura Ringelheim
1:26:00
I don't have enough with me today, but I can absolutely get you that information very quickly.
1:26:07
And and the request for the the day cares, I would be properly made to DOE.
1:26:11
I can give you the number that we had when we transferred that portfolio, and I can certainly get you the number of senior centers that are operated.
1:26:19
That where we do the lease and have the senior center operator in place.
