NYC 9/11 Public Portal Document
THE CITY OF NEW YORK
(DEPARTMENT OF CITYWIDE ADMINISTRATIVE SERVICES)
180 Water Street
New York, New York
This lease abstract contains, in summary form, the major elements of the lease dated June 25,
1997 between 180 Water Street Associates, L.P. and The City of New York. The abstract is not
meant to replace the lease document, and Cushman & Wakefield, Inc. makes no representation as
to the accuracy of said abstract.
LEASE DATE: June 25, 1997
LANDLORD: 180 Water Street Associates, L.P.
c/o Melohn Properties
1995 Broadway
New York, New York 10023
TENANT: The City of New York (Department of Citywide
Administrative Services)
BUILDING: 180 Water Street
New York, NY
PREMISES: 430, 000 r.s.f. approximately
Floors 2-12, 14, 16-25 mezzanine and portions of ground
floor, basement. Tenant may utilize parts of roof for
telecommunication needs as described in Article 41.
Note: 15"' Floor is a mechanical floor.
TERM: 6/1/98 - 7/6/2018
(Art. 1, Pg.3) Commencement Date shall be substantial completion date
of first office floor delivered to Tenant (6/1/98).
Expiration Date shall be the earlier of 1) 21" Anniversary
of Commencement Date or 2) 20i1 Anniversary of
Substantial Completion of entire Premises (7/6/2018).
RENT:. $ 8, 470,371.00 Per Annum (6/1/98 to 7/6/01)
$ 750,864.25 Per Annum
S 19.70 Per Annum
$ 10,030,702.00 Per Annum (7/7/01 to 7/6/08)
$ 835,891.83 Per Month
$ 23.33 Per Sq. Ft.
NYC-WTC 000136516
OCR can misread numbers and units. Confirm readings against the page image before using them.