NYC 9/11 Public Portal Document
8. Option to Cancel: Tenant shall have the right to cancel on the tenth (10) anniversary of rent
commencement upon eighteen (18) months prior written notice.
9. Tenant Improvements: Landlord will contribute $45.00 per rentable square foot towards tenant
improvements.
10. Security Deposit: No security deposit will be required.
11. Alterations: Subject to approval by the Port Authority and additional appropriate
regulatory authorities, Landlord not to unreasonably withhold consent to
alterations.
12. Landlord Review
Fees: Landlord will not impose a fee for its review or approval of the plans for
Tenant alterations other than actual out-of-pocket costs.
13. Contractors: Landlord will use its designated contractor to perform the work. Said
contractor will obtain three (3) subcontractor bids for each item of
construction.
14. Non-Disturbance: Landlord will obtain a non-disturbance agreement from the existing
mortgagee, and will use best efforts to obtain same from future mortgagee.
15. Heating, Ventilating
and Air Conditioning
(HVAC): The Building supplies air-conditioning via a condenser water system with a
water side economizer. The proposed floor is equipped with two 45 ton
Trane units. Additional capacity can be made available. The building
suggests a meeting with The City’s representatives to learn more about its
cooling requirements. Standard building hours are 8:00 AM - 6:00 PM,
Monday through Friday.
The cost for overtime air-conditioning is currently $16.00 per hour.
16. Asbestos Containing
or Other Hazardous
Materials (ACM): 7 World Trade Center endeavors to meet all applicable codes. Asbestos
was not used in constructing the base building.
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NYC-WTC_000170998
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