NYC 9/11 Public Portal Document
Escalations, and Operating Expense Escalations accurately reflects the ratio of Tenant’s rentable
square footage to the total rentable square footage in the Building.
A. 1. BASE YEAR OPERATING EXPENSES
“Base Year Operating Expenses” shall be defined as all reasonable costs and expenses
(and taxes thereon), without duplication, paid or incurred by Landlord in [see A.2. 1.4, i.e. the
Operating Expense Base Year,] in the reasonable exercise of Landlord's business judgment with
respect to following:
I. Items included in Operating Expenses
(1) Labor costs for the services of the following classes of employees
performing services required in connection with the operation, cleaning,
safety, security, repair and maintenance of the Real Property (including,
without limitation, all Building equipment):
(i) the Building manager who works full time on the Building.
(ii) engineers, mechanics, electricians, plumbers, porters and janitors
engaged on a full or part-time basis in the actual operation, repair
and maintenance of any part of the Real Property, including but
not limited to cleaning and the heating, air conditioning,
ventilating, plumbing, electrical, elevator and all systems of the
Real Property, provided that in the case of such part-time
employees only the costs attributable to the Real Property shall be
included.
(2) (i) The competitive cost of materials and supplies used in the
operation, cleaning, safety, security, repair and maintenance of
the Real Property including, but not limited to, painting and
removal of graffiti.
(ii) The competitive cost of independent contractors performing
services required for the operation, repair, cleaning, safety,
security and maintenance of the Real Property including
extermination services once each month.
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NYC-WTC_000170247
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