NYC 9/11 Public Portal Document
ARC Package
Abstract of Recommended Property
HjeAse Abstract
ANTS NO.; 96-1346 DATE: July 1
NEGOTIATOR. Jeff Kondrat (CB Commercial) LEASE-INNO.:
ATTORNEY: Jason Cutler
A X Mayor’s Office of Emergency Management
Program Need: Provide the on-scene coordination at all emergency incidents that require a multi-agency response.
Coordinate all planning efforts for threats to New York City, natural, technological or man made.
# of Employees; 45
LOCATION: 7 World Trade Center Block & Lot 84/36
Borough; Manhattan Flow; 23
Neighborhoodt Downtown
TERM:
^LiccnsCTerm:^ Open to contract tegin alterations of
sfBlSe. Lease is schedokii by the City on or 15, 1997. As such
mere will be no license fee.
Lease Term: Commencement upon substantial completion of alterations and improvements of the , i
office and technical areas.
, -lemunalioiT Of License: to
Termination of Lease; City has die right to cancel after ten (10) years upon nineteen (1^) months’ notice.
xTfflC8aseiS'@min8ted-brteomitrteiantshaU-p^^4ie4aa£aKkhe-eM^arcitectucal-aad
Penalty:
ponoultant serviecc. In addition, if tenant terminates lease, tenant diall pay the landlord the
( unamortized pntion of landlord’s contribution towards alt & imp. and brokerage commission.
SPACE: 45,815 rentable square feet of space on the 23rd floor.
Rentable, Usable, and Carpetable not yet calculated. Landlord has agreed to use the City’s
rentable but the aggregate rental will not change.
BASE] PROPOSEP: Negotiated Askiny
Gross Per Annum PSF Per Annum
$U82.82O.OO $28.00 Years 1-5 $33.00/RSF
$1,603,525.00 $35.00 Years 6-10 $35.00/RSF
$1,695,155.00 $37.00 Years 11 -15 538.00/RSF
$1,924,230.00 $42.00 Years 16-20 $41.00/RSF
Free Rent
on
H:\SHAREU10OEMABS.WPD/p.l
HCB/MaDBON
COMMERCIAL Advisory Group
NYC-WTC_000170849
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