Annual base rent
$2,111,569
$24.93/SF · 84,710 SF
Term
Oct 1, 2020 — Oct 1, 2030
58% elapsed · 4.2 yrs remaining
Tenant
Gowanus Cabinetry Co.
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Oct 1, 2020
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Gowanus Cabinetry Co.
Premises area
84,710 SF
Commencement
Oct 1, 2020
Term end
Oct 1, 2030
Base rent (per SF)
$24.93/SF
Base rent (annual)
$2,111,569
Escalation type
CPI
Escalation rate
2.9%
Renewal term (years)
10
Renewal notice date
Apr 1, 2029
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant