Annual base rent
$411,140
$20.00/SF · 20,557 SF
Term
Oct 1, 2020 — Oct 1, 2025
100% elapsed · term ended
Tenant
Adapt Ability INC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Oct 1, 2020
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Adapt Ability INC
Premises area
20,557 SF
Commencement
Oct 1, 2020
Term end
Oct 1, 2025
Base rent (per SF)
$20.00/SF
Base rent (annual)
$411,140
Escalation type
CPI
Escalation rate
3%
Renewal term (years)
5
Renewal notice date
Oct 1, 2024
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant