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Document / 113 pages

Draft lease for 7 World Trade Center, December 1997

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

NYC-WTC_000170060–000170172

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

Dec-31-1997 14!31 NYC LAW DEPT 212 738 0366 P.02/13

LAW DEPARTMENT 100 CHURCH STREET NEW YORK, N.Y. 10007

JEFFREY D. FRIEDLANDER Acting Corporation Counntl

MEMORANDUM

TO. JEFF KONDRAT DCAS Assistant Commissioner

FROM: JASON CUTLER!*^—* Assistant Corpora^n Counsel

RE: 7 WTC Draft Lease #4 Mayor’s Office of Emergency Planning -»-S. z'-JOjeaLd TL DATE; December 26, 1997

Some problems with draft #4 are as follows:

1,Termination Date - Art. 1, page 3; Did we agree to January 31, 2018? Is not this less thi 20 years?

2. Termination payment to Landlord Art 3 (Option to terminate), page 6: We should not have to pay until, or just prior to, the expiration date we have to give in our notice to Landlord given 18 months before the termination date. 6/ Zy<sz’«='<*-gr<iJ 3. Tenant Initial Work (Art. 6, pages W-30): It would be helpful for Richy Ramos to look at this language again I "enclose my hand-written comments. In particular, we should specifically exclude Landlord’s attorney fees and expenses, particularly since under certain circumstances under the License, we were liable for said expenses. Preliminary Plan approval; Art. (A) at bottom of page 21 states that the Preliminary Plans have been approved by Tenant, Will this be correct by the time wc execute/ the Lease? Z Wc should also have some language dealing with time frames for completion of the non-gcneral office space. Do we intend to occupy all the space at once? Paragraph (K) must be revised.

4. PASNY Electricity Art. 10 pg 38 -44: It would be helpful for DCAS to look at this closely. In particular, note that Tenant has only a one time, non-recurring option on the first anniversary of the Commencement Date for PASNY power ( see paragraph (H) l.(a)). Also Tenant must JL pay for removal and restoration upon termination or expiration of the Incase.

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Draft lease agreement, August 1997 · Box 7DCAS

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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.

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