Sentences with phrase «year renewal lease»

In March 2006, representatives of the Planning Committee located an available site: Allen Temple Community Development Center, 404 Vardry St.. The school's attorney negotiated an acceptable one - year renewal lease.

Not exact matches

The company, whose fourth - quarter earnings came in below what analysts expected, said after it closes the sale, it will enter into lease agreements for each of the facilities for an initial term of 20 years with renewal options.

About 60 % of our store leases are up for renewal over the next three years, allowing the company to further optimize the real estate portfolio depending on individual store and company performance.

Of the more than 300,000 solar power systems the company has installed, the majority are under leases and PPAs and are contracted to generate more than $ 8 billion in customer payments over the next 20 years, and up to $ 4.8 billion more with customer renewals after year 20.

The terms of our real estate leases, including renewal options, range from six to 121 years.

The service provider to the health care industry signed an eight - year lease renewal for its space on the entire third floor.

These leasing efforts led to a Kite record 393 new and renewal leases in 2017 (for over 2.3 million square feet) which was about 600,000 square feet more in the prior year.

The book publisher signed a five - year lease renewal for the second through 13th floors, the New York Post reported.

Tenants in rent stabilized units are entitled to one - or two - year lease renewals with increases that are set by the Rent Guidelines Board.

The Rent Guidelines Boards (one in New York City and one each in Nassau, Westchester, and Rockland counties) set maximum allowable rates for rent increases in stabilized apartments for one and two - year lease renewals.

It was the first time in the RGB's half - century of existence that it has voted for a zero percent increase on one - year renewals of rent - stabilized leases.

Chief among the recommendations was easing the lease renewal process through legislation that would institute a mandatory, nonbinding negotiation and mediation period for store tenants and landlords, with the option of a one - year lease extension with no more than a 15 percent rent increase.

Gov. Andrew Cuomo's office signed a 10 - year lease renewal for two floors, the Wall Street Journal reported.

It will vote next Monday on increases of up to 5.75 percent for one - year lease renewals and up to 9 percent for two - year lease renewals.

The Rent Guidelines Board ruled on Thursday that rent - stabilized tenants should expect to see an increase between.75 and 2.75 percent for one - year lease renewals and between 1.75 and 3.75 percent for two - year lease renewals, according to the New York Post.

In 2014, when apparently unknown to Mr. Day, the property was in its second year of tax delinquency, he signed the lease renewal.

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, including store closings, higher - than - anticipated or increasing costs, including with respect to store closings, relocation, occupancy (including in connection with lease renewals) and labor costs, the effects of competition, the risk of insufficient access to financing to implement future business initiatives, risks associated with data privacy and information security, risks associated with Barnes & Noble's supply chain, including possible delays and disruptions and increases in shipping rates, various risks associated with the digital business, including the possible loss of customers, declines in digital content sales, risks and costs associated with ongoing efforts to rationalize the digital business and the digital business not being able to perform its obligations under the Samsung commercial agreement and the consequences thereof, the risk that financial and operational forecasts and projections are not achieved, the performance of Barnes & Noble's initiatives including but not limited to its new store concept and e-commerce initiatives, unanticipated adverse litigation results or effects, potential infringement of Barnes & Noble's intellectual property by third parties or by Barnes & Noble of the intellectual property of third parties, and other factors, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 30, 2016, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.

The good news is that over next five years, 500 leases are up for renewal.

As seen below, over 60 % of leases are not up for renewal before 2025, and fewer than 10 % of leases are due for renewal any single year until then.

Over 80 % of the company's revenue is recurring, and most of its site rental revenue results from long - term leases with initial 10 - year terms and five - year renewal periods thereafter.

The chart below shows the company's lease renewals by year.

At the end of 2016, the building was approximately 90 % leased, with renewal rents about $ 60 - 75 higher than the previous year.

The gallery, which this year celebrates its 50th anniversary, says that as the lease of the Milan space comes up for renewal, it will focus instead on its galleries in London and New York.

However, the Oct 27 date says they must have the renewal lease signed or it will be marked «available» and we may lose it for next year.

Under the «default» expectation, in the USA, the termination of a residential lease for a term of years (or months) would automatically result in a renewal as a month - to - month tenancy until one party specifically notifies the other of termination.

Auto - renewal Clause Typically, most lease agreements last a year.

However, if the apartment is rent - controlled or stabilized, you may have a right to a renewal lease and / or protection from eviction if you resided there with your mother for 2 years before her death.

Under the plan, the province will sign a 35 - year lease for $ 6 million annually with two 10 - year options for renewal.

While presiding in Rent Court, throughout his 12 year tenure, Judge Karasic developed expertise in landlord - tenant law and matters related to residential and commercial leases including rent escrow, housing code enforcement, lead paint regulations,, subleases and renewals, and condominium law.

Freehold Title (s. 71P) leased to the Minister for National Parks (for 30 years with renewal): s. 71AD (1)(b)-RRB- and reserved for conservation purposes.

However, there is provision for the federal minister to make other terms and conditions of the five - year lease.17 Potentially this allows the federal minister to make a term or condition extending the period of the lease or for renewal of the lease.

On the other hand, if descendants of the leasehold property do possess the property for 99 years, they will certainly require paying for the lease renewal.

Developers Diversified rent increases average 22 percent for new leases and 8 percent for renewals, because occupancy is up to 97 percent from last year's high of 94.4 percent.

After two straight decades of three - year lease renewals, Bill Blass Ltd. has committed to its first long - term renewal this week.

The fashion designer signed a 10 - year lease renewal at 550 7th Avenue in Manhattan...

SOMERS, N.Y. — The New York office of The Staubach Co., Dallas, represented The Pepsi Bottling Group Inc. in negotiations for Pepsi Bottling's 10 - year lease renewal for its corporate headquarters here.

There is an inspection initially to establish your property as Section 8 then one a year upon lease renewal.

The largest renewal signed during the first half of the year was a 97,481 - square - foot lease by ELM Global Logistics, a third - party logistics partner known for providing inventory control to the most complex of logistics operations, at 2002 Orville Drive North in Bohemia, NY.Rich Cohen of Ashlind Properties represented ELM Global in direct negotiations with Rechler Equity Partners.

The 20 - year lease renewal commences in November 2013 covering floors 2 - 6, 20 and a portion of the building's concourse level.

The initial lease between the tenant and the property owner was for 26 years, with the tenant holding four renewal options for five - year terms.

Through its lease and renewal options, the city will control that property for about 20 years.

The 20 - year lease renewal commences in...

Sante» Partners of Salem, Ore., entered into a 15 - year lease agreement including two 10 - year renewal options at a 7.8 percent lease rate plus annual fixed escalators.

The initial term of the lease is 15 years with two 5 - year renewal options and annual rent escalations of the lesser of i) 2.25 percent for the first seven years and 2.50 percent for the remainder of the term or ii) a calculation based on the consumer price index.

The Aurora master lease has an initial term of 15 years with two five - year renewal options and contains fixed annual rent escalators of 2.5 percent.

The lease has an initial term of 15 years with two five - year renewal options and provides for annual rent escalators equal to the greater of the change in the Consumer Price Index or 3.0 percent, resulting in annual lease revenues determined in accordance with GAAP of $ 0.8 million and an initial yield on cash rent of 11.0 percent.

«A bad turn can not only cost money, but can also impact renewal and leasing the next year,» says Pierce.

«Get the renewal at least a year before the lease expires, especially before tenants are approached by a broker wanting to represent them.

For apartment tenants who found a home during the busy months of last year, lease renewals are likely approaching — and that could mean rent hikes.

I gave them 2 options for lease renewal: 1, they could renew their lease for a year at the same rent, or 2, they could go month to month for an increase in rent.