What: A three-party license or lease among the Agency (owner), the City (current operator) and Zamir Equities for the 70-space lot at 109 West Washington Street, to offset downtown parking lost with the Fayette Street and Atrium garages.
Where it stands: The Agency approved Resolution 3483 on 2026-10-05; the item was also scheduled for Common Council on October 13.
Next: Staff to draft the agreement, including how evening and weekend public parking is charged and who keeps that revenue.
Details
$95 per space per month for 70 spaces ($6,650 a month), through June 30, 2028.
Tenants of the One Lincoln Center office building use the lot during business hours; the public may use it evenings and weekends.
The lessee takes over snow removal and maintenance and must insure the City and the Agency.
Sources
YouTube auto-generated captions of the October 5 Agency meeting.