Ground leasing, rehabilitating, and operating Building 324 and/or Building 330 on Governors Island

The Trust for Governors Island seeks a partner to ground‑lease, rehabilitate, and operate historic Building 324 and/or Building 330 on Governors Island. The initiative aims to revitalize these structures for year‑round public or commercial use, leveraging a long‑term lease arrangement coupled with renovation and ongoing management responsibilities. Respondents will propose creative adaptive‑reuse concepts, financing approaches, and operational plans that align with the Trust’s vision for vibrant, sustainable island development. • Ground lease and long‑term operation of one or both historic buildings. • Required rehabilitation of the chosen building(s) to meet modern codes and functional standards. • Ongoing management/maintenance and programming to ensure year‑round utilization. • Submission deadline : 26 Oct 2026 5 PM; solicitation posted 29 July 2026. • Contact: Procurement Manager, (212) 440‑2200, [email protected].