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OEM lease project schedule, DDC-3, Jul-Oct 1997

Machine-extracted title · confidence 95%

Project timeline for Office of Emergency Management lease negotiations and execution at DDC-3 site.

NYC-WTC_000170956–000170963

Folder label: “Office of Emergency Management

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Scanned page image, NYC-WTC_000170963
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YEAR ADDRESS: SPACE: SIZE: BASE RENT: -Years 1 to 5: -Years 6 to 10: -Years 11 to 15: -Years 16 to 20: WORK COST: -Landord: -City: -Amortized at: BASE RENT 0.00 24.00 24.00 24.00 24.00 27.00 27.00 27.00 27.00 27.00 30.00 30.00 30.00 30.00 OFFICE OF EMERGENCY MANAGEMENT 100 CHURCH STREET TERM: Ent. 17 & Pt. 15 floor(s) -Beginning: 46,000 Rentable sq.ft. INFLATION: CLEANING: $24.00prsf $27.00prsf $30.00 prsf $33.00 prsf $195.00 prsf $35.00 prsf $160.00 prsf 8.50% DIRECT OPER. EXP. ESC. 0.00 0.18 0.37 0.56 ELECTRICITY: R.E. TAX ESC. -Base: -1st Year Tax: OP. EXP. ESC. -Base: -1st Year Exp.: REAL ESTATE TAX 8800 0.50 0.64 0.78 0.92 CLEANING 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8 8 8 00 0.00 0.00 • 00 0.00 0.00 0,00 0.00 20 years 01/01/98 3.00% 50.00pst $1.50pst $4.00psf $4.00 psf $6.00psf $6.00psf SUB-TOTAL COST P.S.F. 0.00 24.30 24.61 24.93 25.26 28.59 28.94 29.30 29.67 30.05 33.44 33.84 34.26 34.69 35.13 38.58 39.05 39.53 40.02 40.54 NET PRESENT VALUE (PRSF): NET PRESENT VALUE: -Interest rate: NOTE: - RENTS AND CONSTRUCTION COSTS ARE ASSUMED - LANDLORD DOES NOT SEEM WILLING TO MAKE A DEAL WORK COST 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 16.91 AVE. COST (prsf): AVE. COST (lyr): TOTAL (prsf): TOTAL: SUB-TOTAL COST 16.91 41.21 41.52 41.83 42.16 45.50 45.85 46.21 46.58 46.96 50.35 50.75 51.16 51.59 52.03 55.49 57.44 $47.64 $2,191,556.98 $952.85 $43,831,139.69 ELECTRICITY 1.50 1.84 1.90 1.96 2.02 2.08 2.14 2.55 2.63 $434.34 $19,979,469.83 8.50% TOTAL COST 18.41 42.75 43.11 43.47 43.85 47.24 47.64 48.05 48.48 48.91 52.36 52.83 53.30 53.80 54.30 59.49 60.07 -------о--- $49.66 $2,284,259.78 $993 16 $45,685,195.53

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NYC-WTC_000170963Source: NYC Law Department, mirrored locally

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