← Document results/7DCAS/Lease Between The City of New York Department of Citywide Administrative Services 1 Centre Street, 20th Floor North New York, New York 10007®& 7 World Trade Company, L.P.

Document / 106 pages

Revised draft lease, 7 World Trade Center, Aug 1997

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Draft lease agreement between the City of New York and 7 World Trade Company for space at 7 WTC.

NYC-WTC_000170445–000170550

Folder label: “Lease Between The City of New York Department of Citywide Administrative Services 1 Centre Street, 20th Floor North New York, New York 10007®& 7 World Trade Company, L.P.”

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NYC 9/11 Public Portal Document

1.1 “Price Index” shall mean “The Consumer Price Index for U.S. City Average-

All Urban Consumers (1982-84 equals ICX)), issued by the Bureau of Labor Statistics of the

United States Department of Labor.

1.2 “Base Price Index” shall mean the Price Index for the month of January,

1998.

1.3 “Lease Year” shall mean each period of twelve (12) consecutive months.

beginning on the first day of January of each calendar year, during the Term of this Lease.

1.4 “Operating Expenses Base Year” shall mean the calendar year 1998.

2. “Operating Expense Escalation”shall mean a sum payable by Tenant to

Landlord each Lease Year computed by multiplying the sum representing the Base Year

Operating Expenses as defined under Subsection A. 1 of this Article 4 by the percentage, if any.

by which the average Price Index, as published for the month following the last month of the

Lease Year in question, shall exceed the Base Price Index. Such sum shall be multiplied by 2.37

% which represents Tenant pro rata share of Operating Expenses for the Building. (See example

for calculating CPI Index changes below.)

3. Such Operating Expense Escalation for every Lease Year which follows the

Operating Expense Base Year shall be billed and paid as follows:

(a) Within five weeks after the beginning of any such Lease Year, Landlord

shall deliver to Tenant a statement (hereinafter the “Estimate”) showing the estimated amount of

such Operating Expense Escalation payable for the then current Lease Year, which estimated

amount shall be calculated by using the previous Lease Year’s CPI factor according to 2. above.

Tenant shall pay Landlord the same sum, in equal monthly installments ( such monthly installment

NYC-WTC_000170460

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NYC-WTC_000170460Source: NYC Law Department, mirrored locally

City-provided metadata

Collection: WTC 7
Agency: Citywide Administrative Services, Dept. of
Box / folder: 7DCAS / “Lease Between The City of New York Department of Citywide Administrative Services 1 Centre Street, 20th Floor North New York, New York 10007®& 7 World Trade Company, L.P.”
Production volume: NYC-WTC0007
Bates range: NYC-WTC_000170445–000170550
Pages / file size: 106 pages / 4.2 MB

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Same-box records

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.

12 shared non-person entities · 1 shared topics · Same agency, volume and box · similarity 0.999