Essex Market Vendors Collective

Published

Commercial leaseCommercial LeasesDemo

LSE-2019-00018Essex Market Vendors Collective — Essex Market Hall

Annual base rent

$99,664

$14.36/SF · 6,940 SF

Term

Aug 1, 2019 — Aug 1, 2034

46% elapsed · 8.0 yrs remaining

Linked assets (contract ↔ asset)

Essex Market Hall

Commercial Leases

Tenant

Essex Market Vendors Collective

Contract family

Base instrument with no amendments — current terms reflect the original.

Original Commercial lease

Aug 1, 2019

Base instrument — the executed lease/agreement.

Key terms composed from 17 extracted fields · 12 verified/corrected.DemoClick any provenance chip to jump to the source clause.

Parties

Landlord

New York City Economic Development Corporation

High · 99%Verified

Tenant

Essex Market Vendors Collective

High · 98%Unverified

Term & premises

Premises area

6,940 SF

High · 93%Verified

Commencement

Aug 1, 2019

High · 96%Unverified

Term end

Aug 1, 2034

High · 97%Verified

Rent & escalation

Base rent (per SF)

$14.36/SF

High · 96%Unverified

Base rent (annual)

$99,664

High · 95%Verified

Escalation type

Fixed %

Medium · 79%Verified

Escalation rate

2.4%

Medium · 83%Verified

Percentage rent

Medium · 80%Verified

Renewal

Renewal term (years)

High · 90%Unverified

Renewal notice date

Aug 1, 2033

Medium · 88%Verified

Insurance

GL per occurrence

$2,000,000

High · 90%Unverified

GL aggregate

$4,000,000

Medium · 88%Verified

Additional insured

Required

High · 92%Verified

Maintenance & responsibility

Roof & structure

Landlord

Medium · 86%Verified

HVAC filters

Tenant

Medium · 83%Verified