FOR LEASE - 105 East 106th Street & 104 East 107th Street

Description

NOTICE IS HEREBY GIVEN THAT A REAL PROPERTY ACQUISITIONS AND DISPOSITIONS PUBLIC HEARING , in accordance with Section 824 of the New York City Charter, will be held on October 28, 2026 at 10:00 a.m. via Conference Call No. 1-646-992-2010, Access Code 717 876 299. IN THE MATTER OF a renewal of the lease for the City of New York, as tenant, on the entire fourth and fifth floors of the building located at 105 East 106th Street (Block 1634 & Lot 3), and on the partial fourth floor of the building located at 104 East 107th Street (Block 1634 & Lot 65) in the Borough of Manhattan for the Emergency Hazardous Services and Emergency Repair Services divisions of the Department of Housing Preservation and Development to use as an office, or for such other use as the Commissioner of the Department of Citywide Administrative Services may determine. The proposed use was approved by the City Planning Commission pursuant to NYC Charter Section 195c on February 19, 1992 (CPC Appl. No. N 920296 PXM, Public Hearing Cal. No. 7). The proposed renewal of the lease shall commence on full lease execution and shall expire on the earlier of (i) twenty (20) years after the Substantial Completion Date, or (ii) twenty-one (21) years after the Commencement Date, at an annual rent of $1,086,960.00 from Lease Execution through Substantial Completion Date, $1,168,482.00 from Substantial Completion Date through the first five (5) years, $1,304,352.00 for the following five (5) years, $1,440,222.00 for the following five (5) years, and $1,576,092.00 for the last five (5) years, payable in equal monthly installments at the end of each month. The lease may be terminated by the Tenant in its entirety at the end of twelfth (12) year from the Commencement Date, provided the Tenant gives the Landlord twelve (12) months prior written notice. In the event that the lease is terminated by the Tenant, the Tenant shall pay to the Landlord the unamortized portion of both Landlord s cost of the alterations, improvements and such portion of the commission paid to Tenant Representative Broker. The Landlord shall prepare final architectural plans and engineering plans and make alterations and improvements in accordance with preliminary architectural plans and specifications which are attached to the lease. The alterations and improvements consist of Base Building Work, which the Landlord shall provide at its sole cost and expense. Further information, including public inspection of the proposed lease, may be obtained, at One Centre Street, Room 2000 North, New York, NY. 10007. To schedule an inspection, please email [email protected] If you need further accommodations, please let us know at least five business days in advance of the Public Hearing via email at [email protected] or via phone at 212-298-0734.