FACILITIESRECOMMENDED

NYC Health + Hospitals Capital Committee Meeting Agenda April 2026

Lease Extension Recommended for Springfield Gardens Clinic Space

Base rent $53.05/sq ft for 4,218 sq ft plus estimated annual CAM $27,233 and real estate taxes $51,613 through May 31, 2030; base rent then increases by 10% to $58.35/sq ft for the five-year renewal term; no rent for months 1 and 13 of extension termHarlem Hospital CenterMATTONE GROUP SPRINGNEX LLCApril 13, 2026

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Description

NYC Health + Hospitals’ Capital Committee recommended extending its lease with The Mattone Group Springnex LLC for the Springfield Gardens Gotham Health clinic through May 31, 2035, maintaining current rent levels until 2030 and then increasing base rent by 10% for the renewal term. The extension includes CAM and tax charges and two rent-free months during the extension.

Contract Details

Contract Amount

Vendor

MATTONE GROUP SPRINGNEX LLC

Agency

Harlem Hospital Center, NY

Contract Type

FACILITIES

Document Date

April 13, 2026

Contract Term

Lease extension from June 1, 2030 to May 31, 2035 (5-year extension)

Renewal Date

2035-05-31

Renewal Info

Five-year lease extension of an existing lease, pushing expiration from May 31, 2030 to May 31, 2035; base rent unchanged until May 31, 2030, then increases by 10% to $58.35/sq ft for the renewal term; provides free rent in months 1 and 13 of the extension.

Issuing Agency