Mayor's Calendar item regarding 7 WTC lease, March 1998

NYC 9/11 Public Portal Document

Wednesday. March 2S. 1998 20

laenior center, or for such other similar use, as the Commissioner of the Department oNCitywide Administrative Services may determine. Tl« proposed use was approved by the City Planning Commission pursjMmt to NYC Cha ter Section 197c on May 16. 1990 (CPC Appl. No. C 'b PLM, Public Hei Cal. No. 47). / The propaKd lease shall be for a period of five (5) years from February 24, 1996 at an annuallyint of $133,000.00 ($19.00 per square fo^ payable in equal monthly installments end of each month. / The Tenant shall havi (he right to renew the lease fop^period of five (S) years at an annual rent of $133,1 lOD ($19.00 per square fopf^ The Landlord shall, upoirwxecution of th^ease, make alterations and improvements in accordance with s^edfications/fnepared by the Division of Real Estate Services and approved by the Agehqy. / The Landlord shall provide heat, air-cMshioning, and hot and cold water dur­ ing normal business hours 8:(X) a.m. to 6;d0 p.mson Monday through Friday inclu- sive. However, access to be provided < hours/7 daysmer week. The Landlord shall provide cl ig and rubbish rehtoval services. The Landlord shall pay reaL itate taxes, assessmenty\water rates and sewer rents. / The Landlord shall ma^interior, exterior, and structural repah^ including but not limited to maintena^, repair and replacement to the roof, siobwalks, win­ dows, plumbing, elecyical, heating, ventilation and air-conditioning e^uioment. Tenant shall reimbgrse Landlord for the costs of any such repairs caused by Tenant’s neglige^ or intentional acts. The Landlord shall, at its sole cost and expense, abate any deteriorated asbestos during the term of the lease. If the survey recommends removal, the Landlordsiiall remove the asbestos at its sole cost and expense and the rent shall be abated/for that portion of the space which becomes untenantable during the asb^os removal. Close the Hearing.

No. 16 R-15855 PUBLIC HEARING, pursuant to the provisions of Section 824 of the New York City Charter, as submitted by the Department of Citywide Administrative Services, Division of Real Estate Services, hereby authorizes a lease for the City of New York, as tenant, of approximately 50,182 rentable square feet of space on entire 23rd floor and part of the 7th floor, of a building located at 7 World Trade Center (Block 84 & Lot 36) in the Borough of Manhattan, for the Mayor’s Office of Emergency Management to use as an office, or for such other use as the Commissioner of the Department of Citywide Administrative Services may deter­ mine.

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