Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Office Lease [Standard Form]

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Office Lease [Standard Form]

Entities:

Real Estate Board of New York, Inc.; Bank of New York; Royal Realty Corp.; Falcon Entertainment Corp.

Date:

2000

Size:

Preview shows 9KB of 160KB total

Price:

$57

ID:

#139781

 

 

► Leasing ► Leases ► Office ► By State ► New York Office Lease Agreements
► Financial ► Money Center Banks
► Real Estate

 

 

Start of Preview




STANDARD FORM OF OFFICE LEASE
The Real Estate Board of New York, Inc.

AGREEMENT OF LEASE, made as of this 14 day of April, 2000, between ROYAL
REALTY CORP., a New York corporation, having its principal offices at 115
Avenue of the Americas, New York, New York 10036, AS AGENT, party of the
first part, hereinafter referred to as "Owner" or "Landlord", and FALCON
ENTERTAINMENT CORP., a Delaware corporation having an address at 71 Great
Pasture Road, Redding, Connecticut 06896, party of the second part,
hereinafter referred to as "Tenant".

WITNESSETH: Owner hereby leases to Tenant and Tenant hereby hires from
Owner the premises (hereinafter hereby called "premises", "demised premises"
or "Premises") consisting of Room 1200-20, substantially shown as hatched on
the floor plan annexed hereto as Exhibit A and made a part hereof, in the
building known as 675 Third Avenue, New York, New York (hereinafter called
"building" or "Building"), in the Borough of Manhattan, City of New York, for
the term (hereinafter called "term" or "Term"), and at an annual rental rate
(hereinafter called "Rent" or "Fixed Rent"), as set forth in Article 37
hereof, together with all other sums of money as shall become due and payable
by Tenant under this Lease (hereinafter called "additional rent" or
"Additional Rent"), which Tenant agrees to pay in lawful money of the United
States by check drawn on a bank or trust company which is a member of the New
York Clearing House Association, in equal monthly installments in advance on
the first day of each month during said term, at the office of Owner or such
other place as Owner may designate, without any set off or deduction
whatsoever, except that Tenant shall pay the first monthly installment(s) on
the execution hereof (unless this lease be a renewal).

In the event that, at the commencement of the term of this lease, or
thereafter, Tenant shall be in default in the payment of rent to Owner
pursuant to the terms of another lease with Owner or with Owner's predecessor
in interest, Owner may at Owner's option and without notice to Tenant add the
amount of such arrearages to any monthly installment of rent payable
hereunder and the same shall be payable to Owner as additional rent.

The parties hereto, for themselves, their heirs, distributees,
executors, administrators, legal representatives, successors and assigns,
hereby covenant as follows:

Rent: 1. Tenant shall pay the rent as above and as hereinafter provided.

Occupancy: 2. Tenant shall use and occupy the demised premises for executive
and general offices and for no other purpose.

Tenant Alterations: 3. Except as modified by Article 55 hereof, Tenant shall
make no changes in or to the demised premises of any nature without Owner's
prior written consent. Subject to the prior written consent of Owner, and to
the provisions of this article. Tenant, at Tenant's expense, may make
alterations, installations, additions or improvements which are
non-structural and which do not affect utility services or plumbing and
electrical lines, in or to the interior of the demised premises by using
contractors or mechanics first approved in each instance by Owner. Tenant
shall, before making any alterations, additions, installations or
improvements, at its expense, obtain all permits, approvals and certificates
required by any governmental or quasi-governmental bodies and (upon
completion) certificates of final approval thereof and shall deliver promptly
duplicates of all such permits, approvals and certificates to Owner and
Tenant agrees to carry and will cause Tenant's contractors and
sub-contractors to carry such workman's compensation, general liability,
personal and property damage insurance as Owner may require subject to the
terms hereof. If any mechanic's lien is filed against the demised premises,
or the building of which the same forms a part, for work claimed to have been
done for, or materials furnished to, Tenant, whether or not done pursuant to
this article, the same shall be discharged by Tenant within thirty days
thereafter, at Tenant's expense, by payment or filing the bond required by
law. All fixtures and all paneling, partitions, railings and like
installations, installed in the premises at any time, either by Tenant or by
Owner on Tenant's behalf, shall, upon installation become the property of
Owner and shall remain upon and be surrendered with the
demised premises unless Owner, by notice to Tenant no later than twenty days
prior to the date fixed as the termination of this lease, elects to relinquish
Owner's right thereto and to have them removed by Tenant, in which event the
same shall be removed from the premises by Tenant prior to the expiration of
the lease, at Tenant's expense. Notwithstanding the foregoing, provided
Tenant is not in default on the Expiration Date, Tenant shall not be obligated
to remove or restore any alterations which are not of a specialized nature
and which are customarily usable by office tenants. Nothing in this Article
shall be construed to give Owner title to or to prevent Tenant's removal of
trade fixtures, moveable office furniture and equipment, but upon removal of
any such from the premises or upon removal of other installations as may be
required by Owner, Tenant shall immediately and at its expense, repair and
restore the premises to the condition existing prior to installation and
repair any damage to the demised premises or the building due to such
removal. All property permitted or required to be removed, by Tenant at the
end of the term remaining in the premises after Tenant's removal shall be
deemed abandoned and may, at the election of Owner, either be retained at
Owner's property or may be removed from the premises by Owner, at Tenant's
expense.

Maintenance and Repairs: 4. Tenant shall, throughout the term of this
lease, take good care of the demised premises and the fixtures and
appurtenances therein. Tenant shall be responsible for all damage or injury
to the demised premises or any other part of the building and the systems and
equipment thereof, whether requiring structural or nonstructural repairs
caused by or resulting from carelessness, omission, neglect or improper
conduct of Tenant, Tenant's subtenants, agents, employees, invitees or
licensees, or which arise out of any work, labor, service or equipment done
for or supplied to Tenant or any subtenant or arising out of the
installation, use or operation of the property or equipment of Tenant or any
subtenant. Tenant shall also repair all damage to the building and the
demised premises caused by the moving of Tenant's fixtures, furniture and
equipment. Tenant shall promptly make, at Tenant's expense, all repairs in
and to the demised premises for which Tenant is responsible, using only the
contractor for the trade or trades in question, selected from a list of at
least two contractors per trade submitted by Owner. Any other repairs in or
to the building or the facilities and systems thereof for which Tenant is
responsible shall be performed by Owner at the Tenant's expense. Owner shall
maintain in good working order and repair the exterior and the structural
portions of the building, including the structural portions of its demised
premises, and the public portions of the building interior and the building
plumbing, electrical, heating, air conditioning and ventilating systems (to
the extent such systems presently exist) serving the demised premises. Tenant
agrees to give prompt notice of any defective condition in the premises for
which Owner may be responsible hereunder. There shall be no allowance to
Tenant for diminution of rental value and no liability on the part of Owner
by reason of inconvenience, annoyance or injury to business arising from
Owner or others making repairs, alterations, additions or improvements in or
to any portion of the building or the demised premises or in and to the
fixtures, appurtenances or equipment thereof. Owner will use commercially
reasonable efforts to perform all repairs, alterations, additions and
improvements diligently in a manner to minimize any disruption to Tenant's
use of the demised premises. Owner will not, in any case, be obligated to
employ overtime labor. It is specifically agreed that Tenant shall not be
entitled to any setoff or reduction of rent by reason of any failure of Owner
to comply with the covenants of this or any other article of this Lease.
Tenant agrees that Tenant's sole remedy at law in such instance will be by
way of an action for damages for breach of contract. The provisions of this
Article 4 shall not apply in the case of fire or other casualty which are

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC