Annual base rent
$1,630,185
$30.51/SF · 53,436 SF
Term
Feb 1, 2017 — Feb 1, 2032
63% elapsed · 5.5 yrs remaining
Tenant
East River Studios LLC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Feb 1, 2017
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
East River Studios LLC
Premises area
53,436 SF
Commencement
Feb 1, 2017
Term end
Feb 1, 2032
Base rent (per SF)
$30.51/SF
Base rent (annual)
$1,630,185
Escalation type
Fixed step
Escalation rate
2.5%
Renewal term (years)
10
Renewal notice date
Aug 1, 2030
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant