AGREEMENT OF LEASE

NYC 9/11 Public Portal Document

Wednesday, March 25.1998 20

junior center, or for such other similar use, as the Commissioner of the Department o^Citywide Administrative Services may determine. proposed use was approved by the City Planning Commission punpnt to NYC CWer Section 197c on May 16, 1990 (CPC Appl. No. C 90^ PLM, Public Heahqe Cal. No. 47). / The proposed lease shall be for a period of five (5) years fipm February 24, 1996 at an annuaNrat of $133,000.00 ($19.00 per square fo^payable in equal monthly installments »4he end of each month. / The Tenant shall havb^ right to renew the lease fop4 period of five (5) years at an annual rent of $133,OOO?8D ($19.00 per square fopfy The Landlord shall, uponXxecution of the/lease, make alterations and improvemenu in accordance with s^edfications^irepared by the Division of Real Esute Services and approved by the Agehqv. / The Landlord shall provide heat, air-^l^oning. and hot and cold water dur­ ing normal business houn 8:00 a.m. to 6/10 p.mxra Monday through Friday inclu- sive. However, access to be provided hours/7 dayxM week. The Landlord shall provide cl^ : and rubbish rebaoval services. The Landlord shall pay reab^ taxes, assessmenK\watcr rates and sewer rents. / The Landlord shall ma^interior, exterior, and structural repahq. including bat not limited to maintena^, repair and replacement to the roof, sidbqralks, win­ dows, plumbing, elecofcal, heating, ventilation and air-conditioning e^awmenL Tenant shall reimbxrse Landlord for the costs of any such repairs caiisb^by Tenant's neglige^or intentional acts. X The Lanced shall, at its sole cost and expense, abate any deteriorated asbestos ducmg the term of the lease. If the survey recommends removal, the Landlord^|6^1 remove the asbestos at iu sole cost and expense and the rent shall be abated/for that portion of the space which becomes untenantable during the asbp<tos 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 Esute 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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