Sources Sought: Succeeding Lease at 86 Chambers Street, New York, NY

The General Services Administration, Pbs R2 Office of Leasing, is pursuing a sole source succeeding lease for office space located at 86 Chambers Street, New York, NY 10007. The requirement covers 49,301 ABOA and 72,258 rentable square feet (RSF) to ensure uninterrupted federal occupancy and mission continuity. This non-competitive action is justified under 41 U.S.C. 3304(a)(1) and GSAR 570.402, as market research and cost-benefit analyses indicate that relocating would result in substantial duplication of costs and operational disruptions. The proposed lease term is ten years, beginning January 1, 2027, with a five-year firm period and a provision for early termination should a federally owned renovation project proceed. The facility must comply with Architectural Barriers Act Accessibility Standards (ABAAS) and all fire and life safety codes. Key operational requirements include specialized sound attenuation and unique teleconferencing infrastructure. While specific pricing and total contract value are redacted, the award is based on the lowest cost comparison relative to other market options.