Annual base rent
$343,025
$1.98/SF · 173,307 SF
Term
Feb 1, 2017 — Feb 1, 2032
63% elapsed · 5.5 yrs remaining
Tenant
Staten Island Logistics Group
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
Staten Island Logistics Group
Premises area
173,307 SF
Commencement
Feb 1, 2017
Term end
Feb 1, 2032
Base rent (per SF)
$1.98/SF
Base rent (annual)
$343,025
Escalation type
Fixed step
Escalation rate
3.5%
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