Annual base rent
$2,504,425
$16.23/SF · 154,269 SF
Term
Jan 1, 2017 — Jan 1, 2027
95% elapsed · 0.5 yrs remaining
Tenant
Terminal Ironworks
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Jan 1, 2017
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Terminal Ironworks
Premises area
154,269 SF
Commencement
Jan 1, 2017
Term end
Jan 1, 2027
Base rent (per SF)
$16.23/SF
Base rent (annual)
$2,504,425
Escalation type
Fixed %
Escalation rate
3.2%
Renewal term (years)
10
Renewal notice date
Jul 1, 2025
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant