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 February 9, 2022 at 10:00 a.m. via Conference Call No. 1-646-992-2010, Access Code 717 876 299.
IN THE MATTER OF a lease for the City of New York, as Tenant, of part of the 2nd floor in the building located at 1141 South Avenue (Block 2165 & Lot 120) in the Borough of Staten Island for the Medical Division of the New York City Police Department to use as an office and/or medical space, 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 195 on April 10, 2019 (CPC Appl. No. C 190148 PCR) Public Hearing Cal. No. 14).
The proposed lease shall be for a period of twenty (20) years from the Commencement Date, defined as the earlier or (i) Tenant occupancy or (ii) Substantial Completion of alternations and improvements, at an annual rent of $372,051.00 for the first five (5) years, $409,256.10 for the following five (5) years, $450,237.24 for the following five (5) years, and $495,216.54 through the expiration of the lease, payable in equal monthly installments at the end of each month. The first four (4) months of rent shall be abated.
The lease may be terminated by the Tenant, in whole or in part, following the fifth (5th) anniversary of the Lease 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 the following: The Tenant Representative brokerage commission and the Landlord’s Tenant Work Contribution.
The Tenant shall have the right to renew the lease for two (2) consecutive periods of five (5) years each at ninety-five (95%) Fair Market Value.
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, and Tenant Work. The total cost the final plans and engineering plans for the Tenant Work and the Tenant Work shall not exceed $4,103,033.00 of which the Landlord shall contribute $444,240.00 and the balance will be reimbursed by the Tenant in accordance with the lease.
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 contact Jason Morris, at (212) 386-5083.
If you need further accommodations, please let us know at least five business days in advance of the Public Hearing via email at DisabilityAffairs@mocs.nyc.gov or via phone at 212-298-0734.