Annual base rent
$451,516
$19.00/SF · 23,764 SF
Term
May 13, 2021 — May 13, 2031
52% elapsed · 4.8 yrs remaining
Tenant
Fabscrap, INC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
May 13, 2021
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Fabscrap, INC
Premises area
23,764 SF
Commencement
May 13, 2021
Term end
May 13, 2031
Base rent (per SF)
$19.00/SF
Base rent (annual)
$451,516
Escalation type
Fixed %
Escalation rate
2.1%
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant