Arrears & Collections
Open tenant receivables aged into buckets, with per-tenant balances and links to the lease.
Open tenant receivables aged into buckets, with per-tenant balances and links to the lease.
The collections workspace — open tenant receivables aged into buckets, with per-tenant balances, oldest open invoice, last receipt, and a link to the lease. Records only; no payment processing.
Total open receivables
$88.4M
Bad-debt allowance
$47.0M
Net receivable
$41.4M
Tenants in arrears
8
Open tenant receivables across the standard collections aging buckets.
Still-open balance grouped by the month each invoice was raised — the arrears build-up.
Solstice Media Group 42nd Street Development Project | $2.7M | $2.7M | $2.7M | $2.7M | $22.8M | $33,420,405 | |
Times Square Holdings 42nd Street Development Project | $1.6M | $1.6M | $867K | $1.1M | $6.3M | $11,546,254 | |
Metro Offshore Wind Services Maritime | $1.0M | $805K | $1.3M | $778K | $5.4M | $9,298,252 | |
Empire Wind Operations LLC Maritime | $3.2M | $2.6M | $3.2M | $0 | $0 | $8,959,110 | |
Meridian Financial Partners 42nd Street Development Project | $2.1M | $2.1M | $2.1M | $940K | $0 | $7,204,341 | |
Global Marine Terminals Maritime | $1.1M | $1.1M | $1.1M | $1.1M | $2.7M | $6,890,421 | |
Harbor Tug & Barge Co. Maritime | $1.1M | $1.1M | $1.1M | $1.1M | $2.2M | $6,495,172 | |
Broadway Resources LLC 42nd Street Development Project | $1.0M | $613K | $1.0M | $1.0M | $1.0M | $4,635,347 | |
| All tenants in arrears | $13.7M | $12.5M | $13.3M | $8.6M | $40.3M | $88,449,301 |
Total open receivables of $88,449,301 carry a $47,000,000 allowance for uncollectible tenant receivables, anchored to the NYCEDC FY2025 audited combining financial statements ($47.0M reserve). Aging buckets follow the standard current / 1–30 / 31–60 / 61–90 / 90+ schedule.