Here's A Copy of The Roosevelt Island Main Street Retail Master Lease Agreement Between RIOC and Hudson/Related
Finally obtained a copy of the Roosevelt Island Main Street Retail Master Leasehold Agreement between the Roosevelt Island Operating Corp (RIOC) and Hudson/Related. Here are some key provisions. (Click in text area to enlarge). RIOC is the Sublandlord and Hudson Related the Subtenant.
From Section 32 Miscellaneous:
The rent roll for existing Main Street tenants,
the guaranteed rent from Hudson/Related to RIOC (Page 56 Exhibit G),
and the participation rent.
Not to mention the provision terminating the Seniors/Disabled Shoppers Bus.
As reported in these previous posts, the Seniors/Disabled Shoppers Bus has received a temporary reprieve until at least 75% of the vacant stores are leased.
Click here for the entire Master Leasehold Agreement.
Main Street Retail Master Leaseholder Agreement
Click here for the recommendations from the retail study referenced in paragraph 4 of the Main Street Retail Master Leasehold Agreement.
UPDATE 11/6 - You can search for text within the Main Street Retail Master Leasehold Agreement here.