NYC 9/11 Public Portal Document
DEPARTMENT OF CITYWIDE ADMINISTRATIVE SERVICES
DIVISION OF REAL ESTATE SERVICES
MUNICIPAL BUILDING, 20th Floor - Room 2053
NEW YORK, N.Y. 10007
(212) 669-3645 Fax (212) 669-2666
WILLIAM J. DIAMOND LORI FIERSTEIN
Commissioner Deputy Commissioner
BY HAND DRAFT July 8, 1999
Ms. Catherine T. Giliberti
Senior Vice President
7 World Trade Center, L.P.
521 Fifth Avenue
New York, NY 10175
Re: 7 World Trade Center
(Block 84, Lot 36, Manhattan)
Mayor’s Office of Emergency Management (“MOEM”)
Dear Ms. Giliberti:
This letter, when countersigned by you in the space below, will confirm our mutually
understanding and agreement with regard to the Agreement of Lease made as of March 25,1998 (the
“Lease”) between 7 World Trade Center, L.P., as Landlord, and The City of New York, as Tenant,
covering space in the above referenced building. The Lease, as modified by th e March 9,1999 letter
agreement between us, hereinafter collectively referred to as the “Lease”. All terms used in this
letter shall, for the purposes hereof, have the same meaning ascribed to them in the Lease.
1. T enant shall, within thirty (30) days after the execution of this letter agreement and the
Landlord’s invoice (annexed hereto as Exhibit A), pay to Landlord the sum of
$1,884,322.00 representing a portion of the Work Cost in excess of Landlord’s
Contribution (“Excess Work Cost”).
2. Landlord and Tenant agree that the safe and efficient operation of the emergency
generators installed on the seventh (7*) floor are vital to the effective operation of the
MOEM. The emergency generators will under go a so-called complete “black-out
simulation load test” on or about July 17,1999. The successful completion of said test
(performance per the plans and specifications), as determined by HO Penn, Consent!
Engineers, Swank Hayden and the Department of Citywide Administrative Services,
is a condition precedent to Tenant’s obligation to make the $1,884,322.00 payment.
3. Tenant shall, within forty-five (45) days after completion of all outstanding work,
including, without limitation, the punch-list (annexed hereto as Exhibit B) and change
orders, pay Landlord the balance of the then Excess Work Cost, except that Tenant
may withhold the sum of $400,000.00 from the payment of such Excess Work Cost
until the date Landlord has delivered the Port Authority sign-offs.
NYC-WTC_000172558
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