Hawaii Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers

State:
Multi-State
Control #:
US-OL301A
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Word; 
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Description

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.

How to fill out Provision Using Usable Area As The Measurement Standard For Midtown Manhattan Modern Office Towers?

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FAQ

The Usable Area of an office is computed by measuring to the finished surface side of the office side of corridor and other permanent walls, to the center of the partitions that separate the office from adjoining Usable Areas, and to the inside finished surface of the dominant portions of the permanent outer building ...

Calculating gross square footage is simple. Calculate the exterior dimensions of your building, as demonstrated in the above graphic. Measure the length and width of the building's walls. Multiply the length and width measurements to find square footage.

To calculate the usable square footage, you'll want to measure the length and width of each room in the office as well as hallways and then add the numbers together. If your calculation differs greatly from the landlord's, request to measure the space together.

Rentable square feet (RSF) is a measure of area used to determine the amount of rentable space in a building or other property. It is calculated by multiplying the usable square feet (USF) of the property by the load factor, which is a percentage of the USF that can be rented out.

To estimate how much space you need for your next office, multiply your employee headcount by the number of square feet per employee that best fits your density needs. For example, a 25-person company with average space requirements would need an estimated 6,250 square feet (25 people x 250 square feet per employee).

The 100 sq ft per person rule works best for open plan offices, which have become much more popular in the last decade. Having everyone sit close to each other can encourage innovation and efficiency. Open plan workspaces can also reduce costs by sharing resources such as printers, photocopiers and even lighting.

The Usable Area of an office shall be computed by measuring to the finished surface side of the office side of corridor and other permanent walls, to the center of the partitions that separate the office from adjoining Usable Areas, and to the inside finished surface of the dominant portions of the permanent outer ...

Rentable Area itself excludes Major Vertical Penetrations -- and, since store area is less than or equal to Floor Rentable Area on the floor where the store is located, Store Area likewise will exclude Major Vertical Penetrations.

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Hawaii Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers