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Draft lease for 7 World Trade Center, March 1998

Machine-extracted title · confidence 95%

Draft lease agreement between the City of New York and 7 World Trade Company for Mayor's Office space.

NYC-WTC_000169936–000170055

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

taxes or foreign ownership or control taxes or any capital gains tax, deed tax, transfer tax and

mortgage recording tax imposed by municipal, state or federal law, (ii) any expenses incurred by

Landlord, or Landlord's estate, including payments to attorneys and appraisers, in contesting the

Taxes and Real Estate Taxes by tax certiorari proceedings and such expenses and payments shall

be the obligation of Landlord, and (iii) any Taxes resulting from an increase of the assessed value

of the Building attributable to additions or capital improvements (other than replacements) to the

Building unless such addition or capital improvement was made in whole or in part for the benefit

of tenants generally. As of the date hereof, to the best of Landlord's knowledge, the only Taxes

affecting the Building and/or the Land are the real estate taxes payable to the City of New York

as Pilot.

Tenant covenants and agrees that for each lease year of the Term commencing with July

1, 1998, where the total annual Real Estate Taxes imposed or assessed upon the land and Building

for such lease year is greater than the Tax base for the New York City fiscal year 1997/1998

(hereinafter referred to as the "Real Estate Tax Base Year"), Tenant shall pay to Landlord as

additional rent, a sum equal to two point five nine percent (2.59%) of such increase, which

represents Tenant's proportionate share of such increase. The amount of such additional rent

payable for any lease year having a duration of less than twelve (12) months shall be prorated.

The Tax base for the Real Estate Tax Base Year shall be the annual Real Estate Taxes

finally imposed or assessed on the Land and Building for the Real Estate Tax Base Year.

Appropriate credit shall be given for any refund obtained by reason of a reduction in the

assessed valuation made by the assessors or the courts at any time during this Lease or at any time

thereafter taking into account Landlord's costs in obtaining any such reduction. The original

F:\CR\LHC\ 4219.1016\NEWLSE 6 16

NYC-WTC_000169955

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NYC-WTC_000169955Source: NYC Law Department, mirrored locally

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Draft lease agreement, August 1997 · Box 7DCAS

NYC-WTC_000170296

Draft lease agreement between the City of New York and 7 World Trade Company for 45,815 square feet at 7 World Trade Center.

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Lease Agreement for 7 WTC, Mar 1998 · Box 7DCAS

NYC-WTC_000169723

Official lease agreement between the City of New York and 7 World Trade Company, L.P. for space at 7 World Trade Center.

16 shared non-person entities · 1 shared topics · Same agency, volume and box · similarity 0.996

machine-extracted · confidence unavailable · Check page ↗

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