Q&A
Timeline of lease negotiations with landlords
1:10:41
·
83 sec
Council Member Rita Joseph inquires about the timeline of conversations with landlords regarding expiring leases, with a focus on specific sites including Nuestros Niños. Director Cora Liu from the NYC School Construction Authority provides details on their approach to lease negotiations.
- Conversations typically start six months before lease expiration
- One site (not specified) does not expire until 2028
- Three sites have expiration dates outside the six-month window
- Grand Street Settlement's lease expired a few years ago, with ongoing negotiations for the past 3-4 years
- Recent efforts focused on securing extensions until the end of the 2025-26 school year
Rita Joseph
1:10:41
Can SCA share the timeline of conversation with landlords?
1:10:44
They say it starts six months before but we still don't know if they spoke to them on time, two times, or even got a response.
1:10:51
What about the timelines for Nosotros Ninos specifically?
Cora Liu
1:10:55
So out of the five, one site does not expire until '28 2028, so we haven't really reached out to the landlords.
1:11:03
Three other sites have expiration date outside of the six months window, so we haven't reached out to the landlords until recently when we were trying to make sure they can give us guarantee to stay until the end of 2025 and '26 school year.
1:11:17
The only site which we have been having ongoing conversation or negotiation with is Grand Street Grand Street.
1:11:24
Mhmm.
1:11:25
The news expired a couple years ago.
1:11:28
We have been in conversation with the landlord for the past three, four years.
1:11:33
There are times the Nanor was not as responsive, and in in conversations, the Nanor has asked for a large amount of increase.
1:11:42
So we were going through back and forth to try to get to a great amount, and that's that's in between still happening.
1:11:49
So recently, we're able to convince him to allow us to stay for until the end of the school year.
Rita Joseph
1:11:55
So the conversations are starting six months before the the lease is expired.
1:12:00
Typically.
1:12:00
Not three months or a month before and surprising providers.
1:12:03
Correct.
1:12:04
Earlier, DC Hawkins you talked about having these type of seats.