Annual base rent
$1,298,666
$9.22/SF · 140,783 SF
Term
Feb 1, 2014 — Feb 1, 2024
100% elapsed · term ended
Tenant
Meridian Composites
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Feb 1, 2014
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Meridian Composites
Premises area
140,783 SF
Commencement
Feb 1, 2014
Term end
Feb 1, 2024
Base rent (per SF)
$9.22/SF
Base rent (annual)
$1,298,666
Escalation type
Fixed %
Escalation rate
3%
Renewal term (years)
10
Renewal notice date
Aug 1, 2022
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant