NYC-Economic Development Corporation Awards Legal Contract to Venable Llp (April 2026)

NYCEDC authorized a legal retainer agreement with Venable LLP for up to $500,000 to handle complex leasing and zoning matters at the Teleport Industrial Park, including Master Lease assignment from the Port Authority and interim sublease structures. The firm will draft and negotiate key real estate and zoning documents through 2026.

Scope & details

The full contract record, as filed.

Contract amount

Up to $500,000

Contract type

LEGAL

Contract term

Rates committed through end of 2026; overall term linked to completion of Teleport Industrial Park transactions

Renewal date

2026-12-31

Renewal

Retainer includes approved hourly rates through end of 2026; continuation beyond that would require further agreement.

Document type

Minutes

Source document

New York City Economic Development Corporation Minutes Regular Meeting of the Executive Committee 2026-04-28

Related contracts

Other contracts from Venable Llp.

View all →

District of Columbia Housing Authority Resolution To Authorize Increases in Contract Amounts for Current Legal Services Contracts 2026-07-08

AMENDED

D.C Housing Authority, DCAdditional $998,000.00 (new total $2,148,000.00)Jul 8, 2026

New York Transportation Development Corporation AgendaPacket Meeting of the Directors 2026-05-28

APPROVED

South Beach Psychiatric Center, New YorkMay 28, 2026

Los Angeles County Metropolitan Transportation Authority Board Report May 2026

PENDING

Los Angeles County Metro Transit Authority, California$250,000May 19, 2026

Los Angeles County Metropolitan Transportation Authority Agenda May 2026

Rural Utah Infrastructure Coalition Minutes 2026-05-14

APPROVED

Seven County Infrastructure Coalition, Utah$10,000.00May 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the legal contract by NYC-Economic Development Corporation?

Venable Llp was awarded this legal contract by NYC-Economic Development Corporation, as recorded on April 28, 2026. The contract value is Up to $500,000.

How much is the Venable Llp contract with NYC-Economic Development Corporation worth?

The Venable Llp contract with NYC-Economic Development Corporation is valued at Up to $500,000, covering legal work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in New York City Economic Development Corporation Minutes Regular Meeting of the Executive Committee 2026-04-28 (Minutes), dated April 28, 2026 from NYC-Economic Development Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Venable Llp hold?

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

View Venable Llp's profile

What is NYC-Economic Development Corporation currently buying?

Explore NYC-Economic Development Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View NYC-Economic Development Corporation's profile