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Notice of Public Hearing
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 November 16 at 10:00 a.m., 1 Centre Street, 20th Floor Conference Room D, Borough of Manhattan, in the matter of a lease for the City of New York, as tenant, of space designated as a portion of the first (1st), second (2nd), and fifth (5th) floors of the building located at 30-30 Thomson Avenue (Block 277, Lot 1) in the Borough of Queens for use by the Department of Transportation and New York Police Department, or for such other use as the Commissioner of the Department of Citywide Administrative Services may determine.
The proposed lease shall be for a period from July 1, 2016 through September 30, 2021 at an annual rent of $2,539,558.65 for the entire term, payable in equal monthly installments at the end of each month. For 23 designated exterior parking spaces, the rent will be $175.00 per space per month for a monthly total of $4,025.00. The parking fee is subject to CPI increase on July 1, 2019. The Tenant shall pay to Landlord retroactive rent for the period April 5, 2015 to June 30, 2016 representing the difference between the Base Rent and Parking Fee paid to Landlord under the Tenant Not a holdover Provision contained in the Lease and the Base Rent and Parking Fee under this Agreement in the amount of $1,476,259.00. This amount shall be reduced by a total Base Rent abatement of $829,650.00. Accordingly Tenant shall pay Landlord $646,609.00 for all Base Rent and Parking Fee due for the period April 5, 2015 to June 30, 2016.
The lease may be terminated by the Tenant for the fifth (5th) floor premises only after July 1, 2019, provided the Tenant gives the Landlord six (6) months prior written notice provided such notice is given to the Landlord no later than December 31, 2019.
The Tenant shall have the right to renew the lease for one (1) period commencing on October 1, 2021 and ending on September 30, 2026, or commencing on October 1, 2021 and ending on January 31, 2029, at 100% of the then Fair Market Value.
Further information, including public inspection of the proposed lease may be obtained at One Centre Street, Room 2000 North, New York, N.Y. 10007. To schedule an inspection, please contact Chris Fleming at (212) 386-0315.
Individuals requesting Sign Language Interpreters should contact the Mayor’s Office of Contract Services, Public Hearings Unit, 253 Broadway, 9th Floor, New York, N.Y. 10007,
(212) 788-7490, no later than SEVEN (7) BUSINESS DAYS PRIOR TO THE PUBLIC
HEARING. TDD users should call VERIZON relay services.