Port Authority Extends JHR Realty Facility Lease Through 2046
Port Authority of New York and New Jersey | State of New YorkState · New York, NY- Disclosed value
- Approximately $51.6 million in aggregate base rent, inclusive of escalation; initial base rent reduced to $25 per square foot; approximately $1.1 million rent credit
- From agendapacket
- Document date
- Oct 20, 2026
- Renews
- Free account
The 30-second brief
The Port Authority approved a lease amendment with JHR Realty Co. LLC for its automotive maintenance shop and central warehouse at 777 Jersey Avenue. The amendment extends the lease through June 30, 2046, with approximately $51.6 million in aggregate base rent and a six-month rent credit valued at approximately $1.1 million.
Jhr Realty Co LLC holds this facilities contract with Port Authority of New York and New Jersey | State of New York.
The renewal date is on record. A free account shows it, with the renewals for every Port Authority of New York and New Jersey | State of New York contract.
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Contract details
- Contract type
- Facilities
- Amount
- Approximately $51.6 million in aggregate base rent, inclusive of escalation; initial base rent reduced to $25 per square foot; approximately $1.1 million rent credit
- Document date
- October 20, 2026
- Term
- Lease amendment extending the lease through June 30, 2046
- Renews
- Free account
- Vendor
- Jhr Realty Co LLC
- Source document
- The Port Authority of New York and New Jersey AgendaPacket Board Meeting and Committee Meetings 2026-10-22 (AgendaPacket)
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Questions about this contract
Who was awarded the facilities contract by Port Authority of New York and New Jersey | State of New York?
Jhr Realty Co LLC was awarded this facilities contract by Port Authority of New York and New Jersey | State of New York, as recorded on October 20, 2026. The contract value is Approximately $51.6 million in aggregate base rent, inclusive of escalation; initial base rent reduced to $25 per square foot; approximately $1.1 million rent credit.
How much is the Jhr Realty Co LLC contract with Port Authority of New York and New Jersey | State of New York worth?
The Jhr Realty Co LLC contract with Port Authority of New York and New Jersey | State of New York is valued at Approximately $51.6 million in aggregate base rent, inclusive of escalation; initial base rent reduced to $25 per square foot; approximately $1.1 million rent credit, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in The Port Authority of New York and New Jersey AgendaPacket Board Meeting and Committee Meetings 2026-10-22 (AgendaPacket), dated October 20, 2026 from Port Authority of New York and New Jersey | State of New York. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Jhr Realty Co LLC hold?
Jhr Realty Co LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Port Authority of New York and New Jersey | State of New York currently buying?
Explore Port Authority of New York and New Jersey | State of New York's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.