NYC 9/11 Public Portal Document
ARC Package
TOTAL FreST VRAB Ci
Base Rent- $28.00
Real Estate Taxes 0.00
Heating Fuel 0.00
Operating: 0.00
SUBTOTAL $28.00
Sprinkler 0.00
Electricity: 1.50
TOTAL $29.50
Alterations and Improvementi: The Landlord shall contract consulting services during the lii mse^mod
which will aUoWThe City to fast-tract project and take ncyASAP.
The Landlord will prepare final architectural and engit plans and make
the alterations and imMovements in accordance with^i :liminary architectural
play and specifications! ed by the Divisimydf Real Estate Services and
ap^ved by the agency. lord shall coyriWe $45.00 psf to the cost of
plans and improvements. mt toreim^^ landlord for the balance of the
Tenant work, 14) to a total cost not to exceed $
Market Jastification:
Alternative Sites: See attached
Market Comparable: See attached
Landlord: Silverstein Properties
Address: 120 Broadway
New York, New York 10271
Telephone Number (212)732-9700
1
Real Estate Taxes: Escalated above base year 1997/98-based on review of PILOT*
Operating Expenses: Escalated above base year-1998
BOtnTS Included
If found, landlord will remove
Ci&sita; No City-owned sites found suitable fw this requirement
Status 195 Approval:
♦NOTE: Landlord will request the elimination of the PILOT payment due to the City’s occupancy. If approved, that would
result in a $3.70 tp $4.00 psf reduction in base rent
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NYC-WTC_000170850
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