Democracy Preparatory Charter School Board of Trustees Meeting Minutes August 2025
Taino campus lease amendment with East Harlem Block approved
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Description
The Democracy Prep New York Charter Schools Board approved an amendment to its Taino campus lease with East Harlem Block Housing Development Fund Company, Inc. The amendment shortens the lease term, requires the landlord to build a new exclusive-use gym, and shifts certificate of occupancy responsibilities to the landlord as of October 1, 2025.
Contract Details
Vendor
EAST HARLEM BLOCK HOUSING DEVELOPMENT FUND COMPANY INC
Agency
Democracy Preparatory Charter School, NY
Contract Type
FACILITIES
Document Date
August 26, 2025
Contract Term
Existing lease term reduced by seven and one-half (7½) years; certificate of occupancy responsibility shifts effective October 1, 2025
Renewal Info
Lease is amended to reduce remaining term by 7.5 years and to modify conditions regarding gym space and certificate of occupancy responsibilities. Amendment authorized and execution delegated to the Board Chair or Executive Committee member.
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