Annual base rent
$244,552
$9.27/SF · 26,381 SF
Term
Dec 1, 2020 — Dec 1, 2024
100% elapsed · term ended
Tenant
The Solomon R. Guggenheim Foundation
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Dec 1, 2020
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
The Solomon R. Guggenheim Foundation
Premises area
26,381 SF
Commencement
Dec 1, 2020
Term end
Dec 1, 2024
Base rent (per SF)
$9.27/SF
Base rent (annual)
$244,552
Escalation type
Fixed step
Escalation rate
2.3%
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant