Chair Louis questions DOT on maintenance, oversight, and revenue reporting

Thank you.

I have three quick questions before I hand it over to Councilmember Wilson and Epstein.

Who has been maintaining the pedestrian-oriented features along this stretch of Broadway?

That's been the Flatiron Nomad Partnership.

Perfect.

How frequently will DOT inspect the concession area, and what oversight will DOT maintain once the agreement is executed?

Great question.

So as part of DOT's regular concession process, we require that our concession partners provide quarterly reports.

And we also have some requirements for audited financial statements.

So there's a team at DOT in our concessions division who's reviewing that on a regular basis.

We also have teams that are out and about on the corridor that are either

because we are organizing a meeting with the bid or we've received some public questions or like a 311 request.

There's a kind of whole host of different reasons why DOT staff would be out on site, you know, looking at various things in the plaza.

We don't have a, you know, an exact regimented process, but anytime anything new is installed,

we not only review internally first, but then we will do a site visit to look at the installation and confirm it meets.

the proposal.

Thank you for that response.

And does DOT require annual public reporting showing revenues collected and how do those funds get spent in major concession areas?

So as part of again the requirement for our concession agreement that's exactly what we are looking at is all of the revenue coming in and then how it's going to various

allowed expenses per the terms of the concession agreement.

That's not something we post online, but it is something that is, you know, part of, yes.

Yeah.

All right.

Thank you for that.

Council members Epstein and Wilson, whoever wants to go first.