East River Studios LLC

Published

Commercial leaseCommercial LeasesDemo

LSE-2022-00024East River Studios LLC — Bush Terminal Building A

Annual base rent

$1,794,120

$16.64/SF · 107,793 SF

Term

Mar 1, 2022 — Mar 1, 2037

29% elapsed · 10.6 yrs remaining

Linked assets (contract ↔ asset)

Bush Terminal Building A

Commercial Leases

Tenant

East River Studios LLC

Contract family

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

Original Commercial lease

Mar 1, 2022

Base instrument — the executed lease/agreement.

Key terms composed from 16 extracted fields · 13 verified/corrected.DemoClick any provenance chip to jump to the source clause.

Parties

Landlord

New York City Economic Development Corporation

High · 99%Verified

Tenant

East River Studios LLC

High · 98%Verified

Term & premises

Premises area

107,793 SF

High · 93%Verified

Commencement

Mar 1, 2022

High · 96%Verified

Term end

Mar 1, 2037

High · 97%Verified

Rent & escalation

Base rent (per SF)

$16.64/SF

High · 91%Verified

Base rent (annual)

$1,794,120

High · 95%Verified

Escalation type

Fixed %

Medium · 72%Verified

Escalation rate

2.5%

Low · 69%Unverified

Renewal

Renewal term (years)

High · 90%Verified

Renewal notice date

Mar 1, 2036

Medium · 88%Verified

Insurance

GL per occurrence

$2,000,000

High · 90%Verified

GL aggregate

$4,000,000

Medium · 88%Verified

Additional insured

Required

High · 92%Unverified

Maintenance & responsibility

Roof & structure

Landlord

Medium · 86%Unverified

HVAC filters

Tenant

Medium · 83%Verified