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 .
Fairfax Virginia Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers: In Fairfax, Virginia, there is a provision in place that employs the concept of usable area as the measurement standard for modern office towers located in Midtown Manhattan. This provision aims to ensure accurate and consistent measurements, promoting transparency in the real estate market and accommodating the needs of tenants and developers. Usable area is defined as the space within the office tower that is available for occupancy and exclusive use by tenants. It includes the actual office space, corridors, storage areas, and other functional areas that contribute to the overall functionality and productivity of the workspace. By utilizing usable area as the benchmark for measurement, Fairfax Virginia aims to provide clear guidelines and regulations for office space in Midtown Manhattan's modern office towers. The provision not only considers the physical dimensions of the space but also factors in various features that contribute to the overall usability and functionality. These features may include amenities like restrooms, kitchens, conference rooms, and common areas. By incorporating these elements into the usable area measurement, it helps tenants make informed decisions when selecting office spaces that align with their specific requirements. Furthermore, the provision recognizes that different types of modern office towers exist in Midtown Manhattan. These may include: 1. High-rise Commercial Towers: These are typically characterized by their tall structures comprising multiple floors. Usable area measurements for such towers consider the total office space per floor and incorporate common areas and amenities available for tenant use. 2. Mixed-Use Office Towers: These towers combine office spaces with other types of facilities such as retail outlets, restaurants, or even residential apartments. Usable area measurements here would encompass the office space along with the common areas and amenities that are accessible to office tenants. 3. Sustainable Green Buildings: With the growing emphasis on environmental sustainability, some modern office towers in Midtown Manhattan prioritize energy efficiency and green features. Usable area measurements for such buildings may also consider eco-friendly elements like green roofs or LEED-certified spaces within the usable area calculations. It is important to note that the Fairfax Virginia provision aims to establish a consistent measurement standard while accommodating the diversity of modern office tower designs and functionalities. This promotes fairness, clarity, and accuracy in the real estate market, ultimately benefiting both tenants and developers in Midtown Manhattan.Fairfax Virginia Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers: In Fairfax, Virginia, there is a provision in place that employs the concept of usable area as the measurement standard for modern office towers located in Midtown Manhattan. This provision aims to ensure accurate and consistent measurements, promoting transparency in the real estate market and accommodating the needs of tenants and developers. Usable area is defined as the space within the office tower that is available for occupancy and exclusive use by tenants. It includes the actual office space, corridors, storage areas, and other functional areas that contribute to the overall functionality and productivity of the workspace. By utilizing usable area as the benchmark for measurement, Fairfax Virginia aims to provide clear guidelines and regulations for office space in Midtown Manhattan's modern office towers. The provision not only considers the physical dimensions of the space but also factors in various features that contribute to the overall usability and functionality. These features may include amenities like restrooms, kitchens, conference rooms, and common areas. By incorporating these elements into the usable area measurement, it helps tenants make informed decisions when selecting office spaces that align with their specific requirements. Furthermore, the provision recognizes that different types of modern office towers exist in Midtown Manhattan. These may include: 1. High-rise Commercial Towers: These are typically characterized by their tall structures comprising multiple floors. Usable area measurements for such towers consider the total office space per floor and incorporate common areas and amenities available for tenant use. 2. Mixed-Use Office Towers: These towers combine office spaces with other types of facilities such as retail outlets, restaurants, or even residential apartments. Usable area measurements here would encompass the office space along with the common areas and amenities that are accessible to office tenants. 3. Sustainable Green Buildings: With the growing emphasis on environmental sustainability, some modern office towers in Midtown Manhattan prioritize energy efficiency and green features. Usable area measurements for such buildings may also consider eco-friendly elements like green roofs or LEED-certified spaces within the usable area calculations. It is important to note that the Fairfax Virginia provision aims to establish a consistent measurement standard while accommodating the diversity of modern office tower designs and functionalities. This promotes fairness, clarity, and accuracy in the real estate market, ultimately benefiting both tenants and developers in Midtown Manhattan.
