This office lease form describes provisions for using the area with respect to each office floor, mean the area within the exterior walls of the Building and, in the case of the lobby floor, the area within the demising walls of areas rented or to be rented which is considered floor area .
The Bexar Texas Provision Using Floor Area as the Measurement Standard for Midtown Manhattan Modern Office Towers is a specific regulation that governs the measurement standards for floor areas in modern office towers located in Midtown Manhattan, New York. This provision is significant for ensuring consistency and accuracy in determining floor areas, which has implications for leasing, development, and space planning within these office towers. One key aspect of this provision is the use of floor area as the primary measurement standard. Floor area refers to the total usable space within a building, typically measured from the inside of the exterior walls. This includes all enclosed spaces, such as offices, conference rooms, hallways, and common areas, but excludes non-enclosed areas like atria or outdoor spaces. By using floor area as the metric for measurement, the provision aims to provide a standard and objective basis for evaluating and comparing the usable space offered by different office towers in Midtown Manhattan. The Bexar Texas Provision recognizes that different types of office towers may exist within Midtown Manhattan, and thus allows for the flexibility to accommodate various designs and layouts. While the provision does not explicitly categorize specific types, it can be applied to a range of modern office tower typologies, including high-rise buildings, skyscrapers, and mixed-use developments. These office towers may vary in terms of height, number of floors, architectural design, and amenities, but the provision ensures that the floor area measurement remains consistent across these different types. Adhering to this provision is crucial for real estate developers and property owners in Midtown Manhattan as it influences several aspects of the office tower space. The floor area measurement plays a significant role in lease agreements, as tenants typically pay rent based on the usable square footage of their leased space. Additionally, developers and architects rely on accurate floor area measurements for design and construction purposes, ensuring compliance with zoning regulations and maximizing the efficiency of the office tower's layout. In summary, the Bexar Texas Provision Using Floor Area as the Measurement Standard for Midtown Manhattan Modern Office Towers establishes a consistent and standardized approach for measuring the floor areas within these high-profile commercial buildings. By utilizing floor area as the primary metric, this provision aims to facilitate fair comparisons of office spaces, enhance leasing practices, and promote efficient development in the dynamic and competitive real estate market of Midtown Manhattan.The Bexar Texas Provision Using Floor Area as the Measurement Standard for Midtown Manhattan Modern Office Towers is a specific regulation that governs the measurement standards for floor areas in modern office towers located in Midtown Manhattan, New York. This provision is significant for ensuring consistency and accuracy in determining floor areas, which has implications for leasing, development, and space planning within these office towers. One key aspect of this provision is the use of floor area as the primary measurement standard. Floor area refers to the total usable space within a building, typically measured from the inside of the exterior walls. This includes all enclosed spaces, such as offices, conference rooms, hallways, and common areas, but excludes non-enclosed areas like atria or outdoor spaces. By using floor area as the metric for measurement, the provision aims to provide a standard and objective basis for evaluating and comparing the usable space offered by different office towers in Midtown Manhattan. The Bexar Texas Provision recognizes that different types of office towers may exist within Midtown Manhattan, and thus allows for the flexibility to accommodate various designs and layouts. While the provision does not explicitly categorize specific types, it can be applied to a range of modern office tower typologies, including high-rise buildings, skyscrapers, and mixed-use developments. These office towers may vary in terms of height, number of floors, architectural design, and amenities, but the provision ensures that the floor area measurement remains consistent across these different types. Adhering to this provision is crucial for real estate developers and property owners in Midtown Manhattan as it influences several aspects of the office tower space. The floor area measurement plays a significant role in lease agreements, as tenants typically pay rent based on the usable square footage of their leased space. Additionally, developers and architects rely on accurate floor area measurements for design and construction purposes, ensuring compliance with zoning regulations and maximizing the efficiency of the office tower's layout. In summary, the Bexar Texas Provision Using Floor Area as the Measurement Standard for Midtown Manhattan Modern Office Towers establishes a consistent and standardized approach for measuring the floor areas within these high-profile commercial buildings. By utilizing floor area as the primary metric, this provision aims to facilitate fair comparisons of office spaces, enhance leasing practices, and promote efficient development in the dynamic and competitive real estate market of Midtown Manhattan.
