Early Termination of Ground Lease (Exemption)

The contract involves the transfer of the HOA Properties building located at 4900 Broad Rd., Syracuse, NY 13215, which was assumed by SUNY Upstate Medical University following its acquisition of Community General Hospital in July 2011. This transaction is classified as a sole source award, with the Office of the State Comptroller granting an exemption in accordance with Section 144(2)(e) of the Economic Development Law, meaning it was not publicly advertised in the NYS Contract Reporter. The transfer is a one-time transaction, with the contract end date set for February 7, 2025, and pertains to properties within Onondaga County. The procurement is categorized under the NAICS code 812990, which generally covers miscellaneous personal services, and the contract value is estimated to range between one million and five million dollars. The primary point of contact for this procurement is Daniel Arnold, the Director, who can be reached via email at [email hidden] or by phone at [phone hidden]. The contract details and related notices are accessible through the New York State Contract System, providing transparency and additional information about the exemption and transaction specifics.