S By S Studio

Published

Commercial leaseCommercial LeasesDemo

LSE-2024-00002S By S Studio — 140 58th Street

Annual base rent

$191,758

$14.00/SF · 13,697 SF

Term

Jun 15, 2024 — Dec 15, 2029

38% elapsed · 3.4 yrs remaining

Linked assets (contract ↔ asset)

Bush Terminal Building 140 (58th St)

Commercial Leases

Tenant

S By S Studio

Contract family

Base instrument with no amendments — current terms reflect the original.

Original Commercial lease

Jun 15, 2024

Base instrument — the executed lease/agreement.

Key terms composed from 16 extracted fields · 14 verified/corrected.DemoClick any provenance chip to jump to the source clause.

Parties

Landlord

New York City Economic Development Corporation

High · 99%Verified

Tenant

S By S Studio

High · 98%Verified

Term & premises

Premises area

13,697 SF

High · 93%Verified

Commencement

Jun 15, 2024

High · 96%Verified

Term end

Dec 15, 2029

High · 97%Verified

Rent & escalation

Base rent (per SF)

$14.00/SF

High · 96%Verified

Base rent (annual)

$191,758

High · 95%Verified

Escalation type

CPI

Medium · 78%Verified

Escalation rate

2.4%

Low · 69%Verified

Renewal

Renewal term (years)

High · 90%Unverified

Renewal notice date

Dec 15, 2028

Medium · 88%Verified

Insurance

GL per occurrence

$1,000,000

High · 90%Unverified

GL aggregate

$2,000,000

Medium · 88%Verified

Additional insured

Required

High · 92%Verified

Maintenance & responsibility

Roof & structure

Landlord

Medium · 86%Verified

HVAC filters

Tenant

Medium · 83%Verified