Artistic Furniture Markers Corp

Published

Commercial leaseCommercial LeasesDemo

LSE-2021-00012Artistic Furniture Markers Corp — 140 58th Street

Annual base rent

$124,684

$14.00/SF · 8,906 SF

Term

Nov 1, 2021 — Nov 1, 2031

47% elapsed · 5.3 yrs remaining

Linked assets (contract ↔ asset)

Bush Terminal Building 140 (58th St)

Commercial Leases

Tenant

Artistic Furniture Markers Corp

Contract family

Base instrument with no amendments — current terms reflect the original.

Original Commercial lease

Nov 1, 2021

Base instrument — the executed lease/agreement.

Key terms composed from 16 extracted fields · 14 verified/corrected.DemoClick any provenance chip to jump to the source clause.

Parties

Landlord

New York City Economic Development Corporation

High · 99%Verified

Tenant

Artistic Furniture Markers Corp

High · 98%Verified

Term & premises

Premises area

8,906 SF

High · 93%Verified

Commencement

Nov 1, 2021

High · 96%Unverified

Term end

Nov 1, 2031

High · 97%Verified

Rent & escalation

Base rent (per SF)

$14.00/SF

High · 97%Verified

Base rent (annual)

$124,684

High · 95%Verified

Escalation type

Fixed step

High · 92%Verified

Escalation rate

2.9%

Medium · 78%Verified

Renewal

Renewal term (years)

High · 90%Verified

Renewal notice date

Nov 1, 2030

Medium · 88%Verified

Insurance

GL per occurrence

$1,000,000

High · 90%Verified

GL aggregate

$2,000,000

Medium · 88%Verified

Additional insured

Required

High · 92%Verified

Maintenance & responsibility

Roof & structure

Landlord

Medium · 86%Unverified

HVAC filters

Tenant

Medium · 83%Verified