Annual base rent
$12,990,344
$23.92/SF · 543,071 SF
Term
Oct 1, 2019 — Oct 1, 2039
34% elapsed · 13.2 yrs remaining
Tenant
Harbor Tug & Barge Co.
Base instrument with no amendments — current terms reflect the original.
Original Maritime permit
Oct 1, 2019
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Harbor Tug & Barge Co.
Premises area
543,071 SF
Commencement
Oct 1, 2019
Term end
Oct 1, 2039
Base rent (per SF)
$23.92/SF
Base rent (annual)
$12,990,344
Escalation type
Fixed %
Escalation rate
2.2%
Renewal term (years)
10
Renewal notice date
Apr 1, 2039
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant