Annual base rent
$1,059,770
$20.50/SF · 51,701 SF
Term
Sep 1, 2022 — Sep 1, 2037
26% elapsed · 11.1 yrs remaining
Tenant
Marquee Post & Sound
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Sep 1, 2022
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Marquee Post & Sound
Premises area
51,701 SF
Commencement
Sep 1, 2022
Term end
Sep 1, 2037
Base rent (per SF)
$20.50/SF
Base rent (annual)
$1,059,770
Escalation type
CPI
Escalation rate
2.5%
Renewal term (years)
10
Renewal notice date
Mar 1, 2036
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant