This office lease form describes provisions for using the area in the case of a single tenancy floor, within the exterior walls of the New Building, or, in the case of a multiple occupancy floor, within the exterior walls, party walls or corridor walls which is considered to be usable area .
Arizona Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers The Arizona Provision is a unique and innovative approach to measuring the usable area in modern office towers located in Midtown Manhattan. This standard is designed to accurately determine the space available for various activities within a building, considering the layout and functionality of the office space to promote efficiency and productivity. The Arizona Provision takes into account the specific needs of businesses operating in Midtown Manhattan, where space is often at a premium. The measurement standard focuses on usable area, which includes areas that are actually utilized for work-related activities, as opposed to the total floor area. By adopting the Arizona Provision, Midtown Manhattan modern office towers redefine the measurement of office space to optimize efficiency and usability. This measurement standard ensures that tenants are paying for the space they actually utilize and need, eliminating unnecessary costs associated with unused or poorly utilized areas. Different types of Arizona Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers: 1. Customizable Office Spaces: The Arizona Provision encourages the creation of customizable office spaces that cater to the specific needs of different businesses. By focusing on usable area, tenants have the flexibility to design their offices according to their unique requirements, promoting a productive and efficient work environment. 2. Multi-purpose Common Areas: The measurement standard under the Arizona Provision also encompasses common areas within a building. These areas can be designed to serve multiple functions and be easily adaptable to accommodate various activities, fostering collaboration and interaction among tenants. 3. Efficient Space Utilization: By adopting the Arizona Provision, Midtown Manhattan modern office towers prioritize efficient space utilization. The measurement standard incentivizes the effective use of office space, promoting smart design choices that maximize productivity and optimize the layout of facilities. 4. Cost Optimization: Arizona Provision recognizes that tenants should only pay for the usable area they occupy. This approach assists tenants in optimizing costs by eliminating unnecessary rental expenses associated with non-usable areas, such as hallways, lobbies, and storage space, ultimately leading to more cost-effective office leases. 5. Sustainability and Green Spaces: The Arizona Provision can also promote the integration of sustainability principles and green spaces within office towers. By focusing on usable area, building designs can incorporate efficient utilization of natural light, optimized energy consumption, and the provision of green spaces for employees' well-being. Overall, the Arizona Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers revolutionizes how office space is measured and utilized. It offers flexibility, efficiency, and cost optimization, providing businesses with an ideal environment to thrive in the bustling Midtown Manhattan district.
