EX-10.40 5 s102794_ex10-40.htm EXHIBIT 10.40

 

Exhibit 10.40

 

 

Edna Wells Handy December 28, 2010
Commissioner  

 

Real Estate Services By Certified Mail
Return Receipt Requested
   
1 Centre Street Berkshire Equity LLC
20th Floor 4611 12th Avenue - Suite 1L
New York, NY 10007 Brooklyn, New York 11219
  Attn: David Bistricer

 

(212) 669 3645 tel    
(212) 669 2666 fax Re: Option to Renew Lease
    Lease made the 1st day of January, 1997
    240-250 Livingston Street (the "Lease")
    Block 165, Lot 22, Brooklyn
    Human Resources Administration

 

  Dear Mr. Bistricer:
   
  Pursuant to Article 3 of the Lease, Tenant does hereby exercise its option to renew the Lease, for a period of five (5) years, commencing January 1, 2012 and expiring December 31, 2016, at an annual rent of One Million Seven Hundred Seven Thousand Six Hundred Sixteen Dollars ($1,707,616.00) for the entire renewal term.
   
  In accordance with Article 22 (Notices) of the Lease, please be advised that notices to Tenant shall be addressed as follows:
   
  Assistant Commissioner of Acquisitions and Construction Services
  Department of Citywide Administrative Services
  Division of Real Estate Services
  1 Centre Street, 20th Floor North
  New York, New York 10007
   
  and
   
  Director, Lease Management
  General Support Services
  Human Resources Administration
  250 Church Street, 14th Floor
  New York, New York 10013

 

 

 

 

David Bistricer

December 28, 2010

Page 2

 

Thank you for your attention to this matter.

 

  Sincerely,
   
  /s/ Jeffrey Kondrat
  Jeffrey Kondrat
  Assistant Commissioner
  (212) 669-2620

 

c: James Lawler, HRA
  Maureen Mullaney, HRA
  Jacob Schwimmer
  Spiro Antypas, OMB
  Chris Fleming
  Mark Steiner
  Central File-HRA-3/165/22/1381