Lease agreement between City and 7 WTC Company

NYC 9/11 Public Portal Document

Wednesday, March 25, 1998 20

enior center, or for such other similar use, as the Commissioner of the Department o itywide Administrative Services may Fb,e proposed use was approved by the City Pl mission purs nt to NYC C rter Section 197c on May 16, 1990 (C o. C 90017'0 PLM, Public Hea Cal. No. 47). The propo d lease shall be for a period of fi s fjøt February 24, determine/payable 1996 at an annual nt of $133,000.00 ($19.00 per fo9t, payable in equal monthly installments at1e end of each month. The Tenant shall havBst.he right to renew the le riod of five (5) years at an annual rent of $133,000. ($19.00 per square The Landlord shall, upon ecution of the ake alterations and improvements in accordance with s red by the Division of Real Estate Services and approved by the A, The Landlord shall provide heat, a -co tioning, and hot and cold water dur- ing normal business hours 8:00 a.m. to 0 p. . on Monday through Friday inclu- sive. However, access to be provided hours/7 da er week. The Landlord shall provide cleiuir and rubbish re oval services. The Landlord shall pay real star taxes, assessments, water rates and sewer rents. The Landlord shall mal5Iinterior, exterior, and structural rep including but not limited to maintena e, repair and replacement to the roof, si alks, win- dows, plumbing, elec cal, heating, ventilation and air-conditioning e ' ment. Tenant shall reimb rse Landlord for the costs of any such repairs caus by Tenant's negligen,g or intentional acts. The Land rd shall, at its sole cost and expense, abate any deteriorated asbestos dupig the term of the lease. If the survey recommends removal, the Landlord all 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 asb 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 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 000169341