Annual base rent
$240,222
$14.50/SF · 16,567 SF
Term
Feb 15, 2023 — Feb 15, 2033
34% elapsed · 6.6 yrs remaining
Tenant
Solar Time INC.
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Feb 15, 2023
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Solar Time INC.
Premises area
16,567 SF
Commencement
Feb 15, 2023
Term end
Feb 15, 2033
Base rent (per SF)
$14.50/SF
Base rent (annual)
$240,222
Escalation type
Fixed step
Escalation rate
2.7%
Renewal term (years)
10
Renewal notice date
Feb 15, 2032
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant