Annual base rent
$160,324
$11.25/SF · 14,251 SF
Term
Feb 1, 2020 — Feb 1, 2025
100% elapsed · term ended
Tenant
Powercam
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Feb 1, 2020
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Powercam
Premises area
14,251 SF
Commencement
Feb 1, 2020
Term end
Feb 1, 2025
Base rent (per SF)
$11.25/SF
Base rent (annual)
$160,324
Escalation type
Fixed step
Escalation rate
2%
Renewal term (years)
5
Renewal notice date
Feb 1, 2024
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant