Annual base rent
$160,560
$24.00/SF · 6,690 SF
Term
Aug 1, 2020 — Aug 1, 2030
60% elapsed · 4.0 yrs remaining
Tenant
Max Wang Studio, INC.
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Aug 1, 2020
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Max Wang Studio, INC.
Premises area
6,690 SF
Commencement
Aug 1, 2020
Term end
Aug 1, 2030
Base rent (per SF)
$24.00/SF
Base rent (annual)
$160,560
Escalation type
Fixed step
Escalation rate
2.4%
Renewal term (years)
10
Renewal notice date
Aug 1, 2029
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant