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Bi-weekly submission regarding OEM at 7 WTC, Sept 1997

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Status update dated September 1997 regarding architect costs and lease negotiations for the Mayor's Office of Emergency Management.

NYC-WTC_000170925–000170926

Folder label: “Bi-weekly/Monthly submission®Leasing 9/5/97”

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NYC 9/11 Public Portal Document

Bi-weekly/Monthly submission

OEM at 7 World Trade Center

The landlord, Silverstein Properties, received a proposal from its preferred architect, Swanke Hayden Connell, on August 28* for the cost of the scope of services needed to complete the architectural work for this project. The proposed cost is over $600,000, well in excess of our original estimates and considerably more than the landlord is willing to extend before it has a fully executed lease. DC AS is reviewing the costs, which include considerable consultants fees for telecommunications, computer and audio-visual consultants, in an effort to reduce them. Also, DC AS and the Law Department are investigating ways to indemnify the landlord for part of these costs if the City does not sign the proposed lease. Due to the delays in engaging an architect to commence the plans, the plans may not be ready for lease attachment when the lease is projected to be signed in January.

DCAS and the Law Department also met with the landlord and its attorney on September 4* to review another draff lease document. The lease should be finalized this month. Provided the plans are not delayed any further. The schedule for completion remains lease execution in January 1998 after all public approvals are received in November and December, construction of the office space by the end of March 1998 with construction of the EOC by the end of May.

Courts at 141 Livingston Street

DC AS has had several discussions with the landlord’s agent over the last two weeks regarding the outstanding issues and we feel we have resolved them. The landlord’s agent has requested that we hold off on meeting with the landlord’s attorney to finalize the lease until he has reviewed these points with the landlord and a prospective purchaser. We have been assured that the prospective purchaser wants to go through with this lease as negotiated.

H:\SHARE\JK\BIWLYJK7.WPD

NYC-WTC_000170925

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NYC-WTC_000170925Source: NYC Law Department, mirrored locally

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Summary of meetings between city agencies, landlord, and architects regarding scope of work, lease terms, and preliminary design for the project.

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