Sources Sought: Succeeding Lease at 86 Chambers Street, New York, NY
General Services Administration · PBS R2 OFFICE OF LEASING
Capture briefs (a one-page, shareable copy of this page) are part of Pro. The CSV here holds the notice, its timeline and past awards.
Where this opportunity stands
Every notice posted under solicitation 5NY0763 in this department, oldest first.
- Apr 9, 2025 · this noticePre-solicitation
- Jan 8, 2026Award NoticeTRPF 86 CHAMBERS STREET LLC · $48.0MOpen
- Jan 8, 2026Justification (Sole Source)Open
Next steps for this stage
Standard steps for the notice type; not advice about this buyer.
- Answer the notice: this is when the requirement can still be shaped.
- Contact the contracting officer named on the notice.
- Check who won similar work; they are the likely bidders.
What the notice says
U.S. GOVERNMENT General Services Administration (GSA) seeks to lease the following space: State: New York City: New York Delineated Area: North � Worth Street; East: Park Row; South: Vesey Street; West: West Broadway Minimum Sq. Ft. (ABOA): 49,301 Maximum Sq. Ft. (ABOA): 49,301 Space Type: Office Parking Spaces (Total): 0 Parking Spaces (Surface): 0 Parking Spaces (Structured): 0 Parking Spaces (Reserved): 0 Full Term: 120 Months Firm Term: 60 Months Option Term: N/A Additional Requirements: N/A Offered space must meet Government requirements for fire safety, accessibility, seismic, and sustai… (show all)
nability standards per the terms of the Lease. A fully serviced lease is not required. Offered space shall not be in the 1 percent annual chance] floodplain (formerly referred to as �100-year� floodplain). The U.S. Government currently occupies office and related space in a building under a lease in the delineated area, that will be expiring. The Government is considering alternative space if economically advantageous. In making this determination, the Government will consider, among other things, the availability of alternative space that potentially can satisfy the Government�s requirements, as well as costs likely to be incurred through relocating, such as physical move costs, replication of tenant improvements and telecommunication infrastructure, and non-productive agency downtime.
Who won similar work
5 award notices on SAM.gov in the last 24 months. Matched by: Same office (PBS R2 OFFICE OF LEASING), same product/service code (PSC) X1AA.
Single-winner award sizes (5): middle half $2.3M to $5.1M, median $3.4M; range $1.4M to $5.6M.
| Winner | Awards | Value | Last |
|---|---|---|---|
| BEAR MOUNTAINSIDE REALTY LIMITED | 1 | $5.6M | Jan 7, 2026 |
| EGP 130 Buffalo LLC · $DEA · $357.2M | 1 | $5.1M | Jul 31, 2025 |
| TERRELL MILL LLC | 1 | $3.4M | Jun 22, 2026 |
| 257 TURNPIKE ROAD LLC | 1 | $2.3M | Jul 27, 2026 |
| CENTRE MARKET BUILDING LLC | 1 | $1.4M | Oct 24, 2024 |
Value counts single-winner awards. "Shared" awards are multiple-award contracts that list every winner with the same total ceiling; that ceiling is not one company's win, so it is not added in. Revenue next to a ticker is the company's last annual revenue from its 10-K.
- $DEA reported $357.2M revenue (12 months to Jun 30, 2026). The median single-winner award in these 5 past awards, $3.4M, is 0.9% of that. SEC filing
One award's total value against one year of revenue; many awards are paid over several years.
- Jul 27, 2026257 TURNPIKE ROAD LLC$2.3MLease Award Notice for 6MA0225 West Boston / East Worcester, MANo listed company matched (Materiality N/A)
- Jun 22, 2026TERRELL MILL LLC$3.4MLease Award Notice for 6GA0305 Smyrna, GANo listed company matched (Materiality N/A)
- Jan 7, 2026BEAR MOUNTAINSIDE REALTY LIMITED$5.6MNotice of Lease Award - Mountainside, NJNo listed company matched (Materiality N/A)
- Jul 31, 2025EGP 130 Buffalo LLC$5.1MAwarded Buffalo, NY - Lease of Office Space within Region 2. Request for Lease Proposals (RLP) #24-REG02 - Office SpaceMateriality: 1.4% of $DEA revenue (Medium) SEC
- Oct 24, 2024CENTRE MARKET BUILDING LLC$1.4MNotice of Lease AwardNo listed company matched (Materiality N/A)
Materiality: one award's value as a share of the winner's revenue over the latest 12 months in its SEC filings (or its last fiscal year, as noted when you point at it). Low under 1%, Medium 1 to 5%, High 5% or more. Many awards are paid over several years, so this overstates a single year's share.
Competitive landscape
For the 5 most frequent past winners above. Lobbying is matched by the company's exact name or exact ticker; agencies are as named on the filings.
- 0 of these past winners lobbied General Services Administration (GSA) since 2024 (0 filings)
- 0 of their lobbyists list a past General Services Administration (GSA) job
- No corporate PAC money from them to the overseeing committees since 2024
- 0 foreign-agent (FARA) registrations
Policy around it
Bills the past winners named while lobbying this agency's issues, rules from the department, and executive orders that name the agency, last 12 months.
- 0 bills named on the past winners' lobbying filings
- 25 rules from the department in the last 12 months
- 0 executive orders naming the agency in the last 12 months
Market
For past winners matched exactly to a listed company. Insider trades are open-market buys and sells (Form 4) in the last 90 days, shown as facts; our own study found insiders do not reliably buy ahead of awards. A sale marked 10b5-1 was made under a trading plan set up in advance.
- 1 of the past winners are listed companies
- 0 insider buys and 0 insider sells at them in the last 90 days
Sources: SAM.gov notices and award notices; Senate LDA lobbying filings; FEC filings; FARA; Federal Register; congress.gov; SEC Form 4. Every row above links to its record.
Companies are matched to tickers by exact name only. A company we could not match shows no market rows; that is a miss, not a finding.