PNP questions NaRRA’s $115m annual rent for waterfront headquarters

The People’s National Party (PNP) is demanding that the Government table the full lease under which the National Reconstruction and Resilience Authority (NaRRA) will pay $115 million a year for headquarters at the Digicel offices on Ocean Boulevard in Kingston.

In a press release on Tuesday, the PNP stressed that the agreement comes while “Hurricane Melissa victims still wait for help to rebuild.”

NaRRA disclosed on Monday that it signed a five-year lease at US$26 per square foot, or US$725,972 annually, ahead of starting operations on November 1, citing the building’s resilience features and a National Land Agency valuation. NaRRA has also said its premises must allow it to work through hurricanes.