Notice of Award for the Operation and Maintenance of Wollman Rink, Central Park, Manhattan

The City of New York Department of Parks & Recreation ('Parks') has awarded a concession to Wollman Park Partners II LLC, 30 Hudson Yards, New York, NY 10001, for the Operation and Maintenance of Wollman Rink, Central Park, Manhattan. The concession, which was solicited by a Request for Proposals, will operate pursuant to a License for one (1) twenty (20) year term. Compensation will be the greater of a percentage of gross receipts based on the following breakdown, or a minimum annual fee based on the schedule below: Gross receipts breakdown: o 21.2% of gross receipts (excluding food and beverage sales) plus o 1% of gross receipts from food and beverage sales up to $1,000,000 plus o 5% of gross receipts from food and beverage sales over $1,000,000 Minimum annual fee schedule: YEAR MINIMUM ANNUAL FEE 1 $3,400,000.00 2 $3,502,000.00 3 $3,607,060.00 4 $3,715,272.00 5 $3,826,730.00 6 $3,941,532.00 7 $4,059,778.00 8 $4,181,571.00 9 $4,307,018.00 10 $4,436,229.00 11 $4,569,316.00 12 $4,706,395.00 13 $4,847,587.00 14 $4,993,015.00 15 $5,142,805.00 16 $5,297,089.00 17 $5,456,002.00 18 $5,619,682.00 19 $5,788,272.00 20 $5,961,921.00 Agency: Parks and Recreation Vendor: Wollman Park Partners II LLC (30 Hudson Yards) PIN: M10-(5)-A-IS Selection method: Competitive Sealed Proposals Notice type: Award Award amount: $91,359,274.00 Start date: 2025-12-02T00:00:00.000 End date: 2025-12-02T00:00:00.000