Barone Management Role In AECI Facility Deal

During review of the AECI 2970 Third Avenue project, Build NYC’s Finance Committee discussed Barone Management’s role as property owner and seller, retaining a commercial condominium unit while entering a development and lease-fee arrangement with the school for retail space. The agreement is part of the overall financing and development structure for the new charter school facility.

Document date · March 18, 2026

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Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Renewal

Development agreement and lease arrangement referenced, but no specific renewal or extension provisions are described.

Document type

Minutes

Source document

Build NYC Resource Corporation Finance Committee Meeting Minutes 2026-03-18

Related contracts

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New Dawn Charter Schools Board of Trustees Meeting Minutes 2026-07-28

ONGOING

New Dawn Charter High School Ii, New York$375 per month (Queens lease referenced as higher due to condo agreement)Jul 28, 2026

AECI Charter School Network Minutes Board Meeting 2026-07-14

APPROVED

Aeci Ii: Nyc Charter Hs, New YorkJul 14, 2026

New Dawn Charter Schools Board of Trustees Minutes 2025-12-16

APPROVED

New Dawn Charter High School Ii, New YorkDec 16, 2025

New Dawn Charter Schools Board of Trustees Minutes 2025-10-28

ONGOING

New Dawn Charter High School Ii, New YorkOct 28, 2025

AECI Charter School Network Minutes Annual Meeting of the Board 2025-09-16

DISCUSSED

Nyc Charter Hs - Aeci, New YorkSep 16, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by NYC-Build NYC Resource Corporation?

Barone Management was awarded this facilities contract by NYC-Build NYC Resource Corporation, as recorded on March 18, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Build NYC Resource Corporation Finance Committee Meeting Minutes 2026-03-18 (Minutes), dated March 18, 2026 from NYC-Build NYC Resource Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Barone Management hold?

Barone Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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