AGREEMENT OF LEASE

NYC 9/11 Public Portal Document

Wednesday, March 25. 1998 20

for center, or for such other similar use, as the Commissioner of the Department o itywide Administrative Services may determine. e proposed use was approved by the City Planning Commission t to NYC C er Section 197c on May 16, 1990 (CPC Appl. No. C 900 0 PLM, Public H Cal. No. 47). The pro lease shall be for a period of five (5) years February 24, 1996 at an annua nt of $133,000.00 ($19.00 per square f , payable in equal monthly installments end of each month. The Tenant shall hay a tight to renew the lease to period of five (5) years at an annual rent of $133,000. ($19.00 per square f The Landlord shall, upon ecution of th ease, make alterations and improvements in accordance with ifications repared by the Division of Real Estate Services and approved by the Age The Landlord shall provide heat, air tioning, and hot and cold water dur- ing normal business hours 8:00 a.m. to 6- p. . n Monday through Friday inclu- sive. However, access to be provided hours/ i da week. The Landlord shall provide cl g and rubbish re oval services. The Landlord shall pay real taxes, assessmen , water rates and sewer rents. The Landlord shall m4linterior, exterior, and structural rep including but not limited to mainten e, repair and replacement to the roof, siJb lks, win- dows, plumbing, elecpfàl, heating, ventilation and air-conditioning e4nãpmenL Tenant shall reimb se Landlord for the costs of any such repairs cans by Tenant's negligen,6 or intentional acts. The Land rd shall, at its sole cost and expense, abate any deteriorated asbestos duyiuig the term of the lease. If the survey recommends removal, the Landlord,a6a11 remove the asbestos at its sole cost and expense and the rent shall be abate or that portion of the space which becomes untenantable during the asbcios 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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NYC-WTC 000167140