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New York City Department of Parks and Recreation·New York

Notice of Intent to Enter into Negotiations for the operation, renovation, and maintenance of a restaurant and banquet facility at Clearview Park, Queens

Closes 9/14/2026$1M – $5MRequest for Proposal
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Description

The City of New York Department of Parks and Recreation is seeking a qualified concessionaire to operate, renovate, and maintain the multi‑level restaurant and banquet facility at Clearview Park in Queens. The concession will be awarded as a negotiated license agreement for up to a twenty‑year term, with compensation based on a guaranteed minimum annual fee or a percentage of gross receipts. Interested parties must express interest by September 14 2026, after which a formal proposal process will commence, evaluating capital investment, operational experience, financial capability, fee structure, and sustainability design. The effort aims to prevent a service gap, ensure continuous venue operation, and support local economic development. • Operate, renovate, and maintain a full‑service restaurant and banquet venue. • Concession term up to 20 years with a license fee based on minimum annual guarantee or gross‑receipt percentage. • Evaluation criteria include capital improvements, operating experience, financial strength, fee offer, and sustainable design.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Lindsay Schott(Senior Project Manager)

[email protected]

(212) 360-3405

Key dates

Opened
8/31/2026
Closes
9/14/2026
Duration
20 years

Last updated

Details

Type
Request for Proposal
Industry
Food and Beverage Services
NAICS
722511
Solicitation №
PIN#Q10-A-R

Budget estimate

$1,000,000 – $5,000,000

No explicit license‑fee amount is disclosed. Based on comparable NYC park concessions for similar-sized venues, annual license fees typically range from $1 million to $5 million, depending on projected gross receipts and the scale of capital improvements. Assuming the concessionaire captures strong revenue streams, a reasonable estimate for the annual compensation would be $1 M–$5 M, yielding a total potential budget of $20 M–$100 M over the full 20‑year term. Factors influencing the final figure include the agreed‑upon minimum fee, percentage of gross receipts, required renovation investments, and market demand for banquet services.

AI estimate from the solicitation

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