The concession does not always have to be monetary in nature. Preferential rent in New York experienced a steady increase from the years 2000 through 2015 because of a 2003 law that allowed landlords to revoke the discounted rent at lease renewal time. rent, concession, lease, addendum, deal, rider Description Contributed by Doug Chasick at the 11th Annual Multifamily Housing Brainstorming Sessions, November 8-10, 2000, Reno, NV Contact: Sales & Marketing Magic 36473 US Highway 19 North Palm Harbor, FL 34684 Phone 727-784-9469 Fax 727-784-7978 e-mail [email protected] www.smmonline.com In many cases, this will result in accounting for the concession as variable lease payments in the period(s) in which the event or condition Reduced revenue and concessions can hurt your ability to obtain financing. 2029 W … All of the ATV trails are marked and form long and scenic loops. There is an attached rider providing for a "one-time construction concession rider" of $11,315.50 applied over 14 months, while acknowledging the legal regulated rent is $3,608.25, leaving our monthly obligation at $2,800. 2. 2. They insist that the construction of new housing reduces rents in a neighborhood and Sprinter vans from Ryder are comfortable, fuel-efficient commercial vehicles. Lessees can elect to account for such rent concessions in the same way as they would if they were not lease modifications. The provided map was so helpful. Upon the automatic termination of all monthly concessions, any remaining future rents You owe Us under the Lease shall accrue at a rate equal to the Total Monthly Rent per month, though without any concessions or discounts. So my boyfriend and I moved to Brooklyn, Ny almost a year ago. Box Stalls and Livestock Panels with Roof are available for rent. Rent a mechanical bull or mechanical surfboard simulator ride for any type of party in the Los Angeles area only from Magic Jump Rentals. Under IFRS 16 Leases, rent concessions often meet the definition of a lease modification. The accounting for lease modifications can be complex. For example, the lessee may be required to recalculate lease liabilities using a revised discount rate and adjust right-of-use assets. Staff provides and brings carts to help load your things onto the boat. The only requirement is that your business turnover is below $2 million. PC: www.pexels.com Investorwords.com offers two definitions for this beloved phrase: 1. Banks and lenders will … by signing this concession addendum, management agrees to grant the resident(s) free rent … Synonyms for application include exercise, employment, utilisation, utilization, implementation, practice, administration, execution, use and appliance. Though most rent-stabilized apartments will not be advertised as such, it’s easy to tell by looking at the listing price, building age and the lease. A rental concession is a compromise by a landlord made to the original terms of a lease. Reservation of a single rider upon request and by availability only. Featured Listings. Magasin vélo de course : Vente et location de vélo de course au Mont Ventoux. 2. Stroller reservations are not required. **Price listed includes a $200 monthly rent concession which is being offered for a 12 month period. ... Lifeguards will verify each rider’s height. The adjustments are beneficial to tenants and may take various forms, depending on what a landlord is willing to offer. p xmlns=incisive-repositorystrongSUPREME COURTstrongbremAPPELLATE TERM: FIRST DEPARTMENTemp p xmlns=incisive-repositoryPRESENT: McKeon … Jane Curtin, Loretta Devine and Ann-Margret rule their senior community in this conventional comedy-drama that doesn’t waste its cast. Deck chairs in the concession area or in the pool. Rent Concession Addendum Subject: Tools & Forms Contribution Author: Contributed by: Doug Chasick Keywords: rent, concession, lease, addendum, deal, rider Last modified by: Douglas D. Chasick Created Date: 9/30/2000 2:55:00 PM Description $2,000. Preferential rent is any rent charged to a rent stabilized tenant that is lower than the legal rent. Rent concession are most often awarded to tenants when a space needs considerable work and the landlord is not renovating it, but providing a rent concession to help the tenant offset the construction costs. You can now rent many of the best movies of 2018 and 2017 from $3.99 ... her film’s title is an open concession to the harrowing quality of Justine’s grim blossoming. Current Campaigns; Past Campaigns; About Us. The Resident shall receive from the Landlord a rental concession in the amount of $ . Rent Concession Rider IT IS HEREBY AGREED by and between 515 Wilson Avenue, LLC (hereinafter Owner), Owner of the premises known as and located at 515 Wilson Avenue #2R, Brooklyn, NY 11221 (subject Premises) and Pedro Meireles, Abbie Barneycastle, Alia Marzuki (hereinafter Tenants). ... $199 (RIDER SCRUBBER) pic hide this posting restore restore this posting. COVID-19 tests and COVID-19 hospitalisation charges for employees. assessing whether a rent concession related to COVID-19 is a lease modification. All Programs; Tenants’ Rights Telephone Hotline; Weekly Tenants’ Rights Walk-In Clinic; Housing Notebook Radio Show; Calendar; Campaigns. Rent control and rent subsidization rules in many cities create situations where tenants often pay rents significantly below market rates. A lease rider is essentially an addition to the lease, noting any unique changes (like rent concessions) to the typical lease terms. BuildASign for Rent Aluminum Yard Sign with 18x24 Metal Frame - Customizable Phone Number! Such rental amount is hereby provisionally waived by the Landlord and the rent for the month of shall be $ . Norfolk Inventory Glen Allen Inventory. 4.1 out of 5 stars 17. This is an outstanding and excellent way to spend a day. The landlord is also required to insert a rider that informs you of your rights and obligations under rent stabilization law. Actual prices for … The Housing Stability & Tenant Protection Act (HSTPA) of 2019 established that tenants paying a preferential rent on or after June 14, 2019, will retain it as long as they continue to rent the property. 1 chair available at Dwight's Beach Concession, 201 Pacific Coast Hwy, Huntington Beach, CA 92648. 2022 Big Tex 16' 60PI w/ 4' Spring Assist Tailgate. This Concession will be credited to your rent due for the month(s) of: T Monthly Discount/Concession. Bed and Breakfast, Lodges & Cabin Rentals in Hocking Hills Ohio and Wayne National Forest. Laugh 'n Leap is the leading provider of bounce house rentals in Columbia, Lexington, Irmo and all over the state of South Carolina. J ust before midnight on Thursday, June 25 th, the New York State Legislature passed a bill that extended the rent laws for four years through 2019.Here is a brief summary of the important changes to the rent laws that you must know: The rent laws have been extended for four years, until June, 2019. 725 Ridder Park Drive. by signing this concession addendum, management agrees to grant the tenant(s) free rent for _____2020 in the amount of $_____. Cash, or the equivalent, that the landlord pays or allows in the form of rental abatement, additional tenant finish allowance, moving expenses, or other costs expended in order to persuade a tenant to sign a lease. Keep your business on track. First time renting a bow rider and Diverse rentals is very beginner friendly. We offer Guided and Self-Guided tours for groups of 2 people or more. For riding lessons or summer/winter kid's camps, you can contact Traditional Equitation School at (818) 569-3666. Bounce House Rentals, Rides, & Games for Parties & Events in Columbia, Lexington, & all across South Carolina. Start with this page to find answers to your questions regarding our software and keep up-to-speed on critical industry information. All of our concession trailers come fully equipped with the following and are ready for inspection. 1. This large off-road park offers over 1,700 acres of woods trails, creek crossings, a couple plays areas, beautiful rock formations, mud pits and top notch views of the Kiamichi Mountains. Rent Stabilized: Building built between Feb. 1, 1947 and Jan. 1, 1974 and there are six or more units in the building, or the building receives J-51 or 421a tax abatements. Major rental concessions have been prevalent in the market for more than a year now, sources said. Flat rates and minimum fees may apply. If Tenant was not obligated to pay Base Monthly Rent or Additional Rent for any period of time after the Commencement Date (" Rental Concession "), any such Rental Concession shall be canceled if Tenant is in Default at any time during the Term. Excellent service! by Anna » Tue Nov 18, 2003 11:08 pm . NYC Rent Regulation: Rent Control/Rent Stabilized, DHCR Practice/Procedures . The lease for a rent-stabilized apartment will usually come with a rider that states financial concession to the rent. 5.Arrangements for payment of duties 6.Meaning of words and expressions used in this Act 7.Notes in the text CHAPTER 2 - TRANSACTIONS CONCERNING DUTIABLE PROPERTY PART 1 - … Get free access to the complete judgment in Conason v. Megan Holding, LLC on CaseMine. Ph (323) 469-5450. A rent concession is essentially a rebate, a price reduction or some other form of benefit offered by landlords for inducing a prospective tenant to move into their property. 4. 1500 per month for 1 yr lease. DUTIES ACT 1997 - As at 23 September 2020 - Act 123 of 1997 TABLE OF PROVISIONS Long Title CHAPTER 1 - PRELIMINARY 1.Name of Act 2.Commencement 3.What does this Act do? Was welcomed by Jill and captain, Don (I believe his name was). Discover New & Used Horse Trailers for sale in Minnesota on America's biggest equine marketplace. This Rider must be in a print size larger than the print size of the lease to which the Rider is attached. Medical expenses are not claimable under Regulation 26 of the GST (General) Regulations, unless the expense is obligatory under the Work Injury Compensation Act (“WICA”). tenant(s) understand and agree that the “concession” is contingent upon paying all future rent on time, and fulfilling all the terms of the lease agreement and any addenda. If the concession is already listed in Paragraph(s) 1( D ) or 1(O), You agree that this Addendum shall not … But those deals often come with a hidden price. Payment is required at time of reservation. Georgism, also called in modern times geoism and known historically as the single tax movement, is an economic ideology holding that, although people should own the value they produce themselves, the economic rent derived from land – including from all natural resources, the commons, and urban locations – should belong equally to all members of society. Only 62 apartment leases had a preferential rent rider in … Ph. Sample rider prices are estimates only and do not reflect variations due to discounts, geography, traffic delays, or other factors. NEW YORK COUNTY Civil Court Judge Lebovits In this nonpayment proceeding, petitioner alleges that respondents failed to pay $10,873 in rent from … Long-term viability of the tenant. Welcome: SoftPro Select is the most complete office solution for the real estate and title industries. For an exciting family outing or just a day of relaxation, visit beautiful Tuscora Park nestled in the rolling hills of New Philadelphia, Ohio.The park has earned a state-wide reputation as an affordable place to come for family fun and entertainment. Paying the Rent; Evictions and Housing Court; Roommates & Sharing; Affordable Housing Programs; Tenants’ Bill of Rights; Do Your Own Research; Programs. Over 18000 financial and investing definitions, with links between related terms. Management forwarded us the lease this morning & it lists base rent as $3608.25. For example, your employee contracted COVID-19 due to work-related exposure during a business trip overseas. The Rider will explain how the proposed rent was computed and describe the rights and obligations of tenants and owners under the Rent Stabilization Law [See Fact Sheet on Rent Stabilization Lease Rider]. First Month Rent Free. It could also involve the provision of a physical good or service. As of March 2020, there’s much uncertainty about how the current state of affairs will affect the economy, health, or future social norms. Once the lessor and lessee affix endorsements to the document, the lease term can begin on the established commencement date. This Rider, with this Notice, must be attached to all vacancy and renewal leases for rent stabilized apartments. Découvrez notre sélection de vélo de route carbone sur Ventoux Bikes, le spécialiste des vélos. Five Ways to Get a Tenant to Renew Their Lease. Concession: Yes, please visit or call for concession hours Enclosed: within site perimeter Age Design: 2-12 year old Special features: Shaded play component with poured in place rubber surfacing , adjacent to a basketball court, open field by permit usage and two sand volleyball courts. The Resident shall receive from the Landlord a rental concession in the amount of $ for rent due in the month of . Rental Concession. 4.What is a duty? This means it can range from modifying the lease terms, tenant permissions, or other benefits mutually agreed upon. That is a 4 1/2 to 5 1/2 hour paddle. Landlord attorneys say ambiguity in the law could mean landlords are stuck with the preferential rents on the 270,000 preferential rent leases in … Concession trailer $12,000 pic hide this posting restore restore this posting. SA Stamp Duty Calculator: Property Transfer Duty ... 3 Rider Boulevard Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. Rent a canoe and paddle out on Rock Springs Run then paddle back to Kings Landing. Huntington City Beach, Huntington Beach. one-time occurrence and no reasonable person reading the concession rider could think it was a preferential rent. Significantly, the rider further provided that "the temporary rent concession does not apply to successors." 1700 5th Avenue North Texas City, Texas 77590 (409) 643-5710 Property Management Tools. Play the latest, greatest online casino games at 10bet 24/7. The lease did not include a Rent Stabilization Rider … All tours need to be booked at least 24 hours in advance. Enclosed Car/Racing Open Car/Racing Cargo Dump Equipment Flatbed Gooseneck Flatbed Aluminum Tilt Utility Motorcycle Concession Tow Dolly . You can also purchase a landlord’s insurance policy instead of a regular homeowner’s policy, but landlord’s insurance will typically only cover damage to your property (not personal injury) while it’s rented out by a tenant. A rental concession is an adjustment a landlord makes to lease terms. We'll give you a personalised list of savings. The Mumbai Trans Harbour Link, also known as the Sewri Nhava Sheva Trans Harbour Link, is an under-construction 21.8 kilometres (13.5 mi), freeway grade road bridge connecting the Indian city of Mumbai with Navi Mumbai, its satellite city.When completed, it would be the longest sea bridge in India. Preferential Rents. 910 S. Mariposa St. Burbank, CA 91506. This compromise can come in the form of a: Rebate. Tall (4"x 4"x 72") Realtor Yard Sign Post for Open House and Home for Sale, 36" Arm Holds Up to 24" Sign, White with Flat Cap (No Sign) 4.7 out of 5 stars 177. The lease indicated that the legal regulated rent for the apartment was $2,000 per month, reduced to $1,800, "subject to any lawful adjustments," by virtue of a Temporary Rent Concession Rider. (See Respondents' Notice of Cross-Motion, Feb. 22, 2006, Exhibit D.) Respondents paid the agreed-upon monthly rent of $2800 until November 2005, when they sent a check for $329.82. Otherwise referred to as “free rent”, the rent concession is a period of rent abatement given to an incoming tenant. 2344 McKelvey Road, Maryland Heights, MO 63043 (314) 738-2599 • Email Us. the case, instead the issue was the enforceability of the temporary preferential rent rider between the owner and tenant. This means that landlords who offered a preferential rent on a unit have to treat it as the new legal base rent for that unit, and cannot increase it to the old legal max at renewal time. Use our Savings Finder to find savings relevant for you. The lease set the monthly rent at $4036.50; a preferential-rent-concession rider set the rent at $2800 a month. [+] Sher Temporary Concession Rider Such rental payment is hereby provisionally waived by the Landlord and the rent for the month of shall be $ . As a result, lease buyout payments to the lessee by the lessor are common. 3. The NSW Government is helping ease the cost of living with more than 70 rebates and savings. permitting lessees to apply it to rent concessions for which any reduction in lease payments affects only payments originally due on or before 30 June 2022. resident(s) understand and agree that the “concession” is contingent upon paying all future rent on time, and fulfilling all the terms of the lease agreement and any addenda. Show Nearby Locations. rent, concession, lease, addendum, deal, rider Description Contributed by Doug Chasick at the 11th Annual Multifamily Housing Brainstorming Sessions, November 8-10, 2000, Reno, NV Contact: Sales & Marketing Magic 36473 US Highway 19 North Palm Harbor, FL 34684 Phone 727-784-9469 Fax 727-784-7978 e-mail [email protected] www.smmonline.com On a case by case basis, you may apply for a home valued over $550,000 as well. Concessions are usually some form of rebate that a property owner offers to try to persuade a tenant to move into the residence. This . San Jose, CA 95131. EagleRider Motorcycle Rental offers adventure travel enthusiasts not only motorcycle rentals in top destinations around the world, but also provides the option of packaged motorcycle tours. Inasmuch as the building was sold in February 2006 to petitionerlandlord and the temporary rent concession, by its own terms, was not binding on successors, tenants were no longer entitled to the benefit of the rent concession upon the sale of the building to landlord. Permit to operate boats for rent or hire (a) Permission to rent, hire or operate for charge any kind of boat, water craft, whether powered or not, on any park waters or from any park dock, mooring or marina area, shall be reserved for the Park Department or regularly licensed operators. Taking your time and stopping to view or picnic makes it 5 1/2. The costs of selling a home start with home prep, followed by staging, marketing and likely concessions, plus the average closing costs of selling, 8%-10% of the … Rent Concession Addendum Subject: Tools & Forms Contribution Author: Contributed by: Doug Chasick Keywords: rent, concession, lease, addendum, deal, rider Last modified by: Douglas D. Chasick Created Date: 9/30/2000 2:55:00 PM Description We run a simple real estate website, but are doing what we can to help. The definition of a rental concession is “a compromise a landlord makes to the original lease terms in the hopes of attracting or keeping a tenant.”. Whatever concessions are being asked for, there needs to be evidence that the hardship being felt by a tenant is undeniably related to COVID-19. Find savings now Strollers are available to rent at the park on a first-come basis for a small fee. The following As of March, there were 2,200 active listings in Manhattan offering either free rent or … Bounce Houses are great for kids parties, spring and fall festivals, church gatherings, & school activities. Share this: We have food trailers for rent in Austin, Texas and surrounding areas. * Concession Hours: CLICK HERE FOR CONCESSION HOURS. Cabin Rentals in Hocking Hills situated near Logan, Nelsonville & Athens. $625. (818) 843-9890. A sample rider can be seen here. The controlling authority which answered that issue was Century Operating Corp. v. Popolizio, 60 N.Y.2d 483 (1983), where the court considered the context of a preferential rent rider and its effect on future lease renewals. The balance (USD 1,25 million) will come from the cruise port's operating revenue. One of the best online casinos for live table games and jackpot slots. When a rent concession is requested, landlords should analyze each tenant independently and consider the following factors: 1. Tenants sought a two-year extension. Rated one of the best LA activities, Echo Park pedal boats is … However, supplies of food and drink made in the course of catering are standard rated - for example, food and drink served in your café, if you have one, or hot food and drink to take-away. The first home buyer concession only applies to a home valued under $550,000. Succession rights are given by law to certain family members and to other individuals with a “family-like” relationship to the tenant of record who meet succession criteria. As Kowalczuk said, “If it’s not in the contract, it doesn’t exist.” Concession Stand will be open with some great tasting food and drink. Open during sporting and special events! A renewal lease should go into effect on or after the date that it is signed and returned to the tenant. November 7, 2017 When you’re searching for a tenant to rent space in your building, you may have to sweeten the pot by offering concessions to the lessee — such as free or reduced rent and/or cash for moving expenses and fixing up the space so it fits your new tenant’s needs. Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. Romantic getaway weekends and family cabin vacations in Ohio. Customers will also benefit from an expanded network of EagleRider pick-up and drop-off points, as many of them will be located in Harley-Davidson dealerships across the country. Apply - we'll show you how. Rental concessions are an enticement by landlords built into a lease to attract tenants. Common concessions include reduced rent for the first year, one month’s free rent, or the free use of property amenities for a period of time. Rental concessions should ideally be tied to good behavior on the part of the tenant, such as paying rent on time. Landlord hereby grants to Tenant a one time Rental Concession during the first (1st) month of the Extended Period in an amount equal to $1.40 per square foot of the Specific Expansion Space ($6,406.00). See reviews, photos, directions, phone numbers and more for the best Concession Supplies & Concessionaires in Champaign, IL. The tour includes pick-up and drop off transportation at your accommodation in Kelowna or West Kelowna and the rent of a tour bicycle + helmet. Dangerous or offensive acts. However, if you would like to make a reservation, you may do so online or by calling 800-475-9370 at least 24 hours in advance of your visit (reservations cannot be made day of visit). What is a Concession Agreement? One of the new regulations closes a major loophole around so-called “preferential rent” — a common practice among landlords of rent … Weekend and monthly rentals also available. Browse Horse Trailers, or place a FREE ad today on horseclicks.com By Andy Litvak, Emily Breece and Abe Kannof. For that reason, we’ve made two letter templates. Open 12:00-6:00 p.m. daily including FlowRider; Early hours of entry for season pass … Rider was prepared pursuant to Section 26-511(d) of the New York City Rent Stabilization Law. LM Enterprises Inc. Truck Rental Car Rental Trailer Renting & Leasing. Base rent after concession period will be $2395. In addition, landlords have the right, under the Housing and Maintenance code, to ask for the names of family members and roommates occupying the apartment. Have rented many fishing boats prior, but never have had such exceptional service. 1. As part of the Port Access Program 2019-2020, in mid-July 2020, TxDOT (Texas Department of Transportation) awarded USD 3,75 million "Rider 38 Grant" for the USD 5 million project for building a new internal roadway between 14th and 20th streets. (408) 437-6250. You can rent mechanical rides online through our Instant Price and Availability form, through our Live Chat Support, or by calling us at 800-873-8989. Rent a practical, light-duty sprinter van. 7 posts • Page 1 of 1. The New York lease agreement composes a contract to audit the intricacies involved in the leasing of real estate. Please let us know and we will work with you regarding that item. Please contact the Rough Rider Center at (701)842-3665 with any catering inquiries. Motorcycle Tours. Rental concessions will make a rental property seem more attractive to prospective tenants. Tenant payment history. Sprinter Van Rental. Included in the paperwork are specifics on the lessor, lessee, property, payment schedule, duration, provisions, and residence policies. FREE Shipping. Tax Consequences of Lease Concessions. The Board has therefore extended the practical expedient by 12 months – i.e. Rental concessions generally take one of two forms. They're either a temporary reduction in costs to a new tenant or they're a material item offered for signing a lease. Often, the first month's rent is free or some other charges are waived. Farm shop The supply of most food and drink for human consumption is zero rated so you will not need to charge VAT on many of the items you are likely to sell. In short, a concessi… (804) 340-1810. A Rider's Paradise with a number of Muni lines getting you where every you need to be in the City. Concession Trailer Rentals in Champaign on YP.com. The flipside of rent concessions … Concession Food Trailers for Rent. The tax concession is currently scheduled to close on the 30th of June 2017. beginning on November 1, 2003, at a monthly rent of $1,800. If the rental amount is to be prorated, please fill in the following information: month(s) free of $ to be prorated for the next rental months. Motorcycle enthusiasts and travelers are able to rent and tour on the most current Harley-Davidson Touring and Cruiser motorcycles at EagleRider locations around the country. (b) Adjustments to Minimum Monthly Rent. Owner Get Directions. kdgarden Vinyl PVC Real Estate Sign Post 6ft. Forms and Riders : New vacancy leases and packages containing leases, stabilization riders and lead pamphlets as well as renewal lease forms and rent stabilization lease riders are available at discounted rates. Concession off the rent indicated in the NAA Lease Contract in the total amount of $ . Tenant credit, current financials and prior years’ financials demonstrating an impact due to COVID-19. By Charles Allen Stambaugh, III Esq. Echo Park Lake Pedal Boats in Los Angeles, CA. Tenants sought a two-year extension. Coronavirus Letter Templates. Bed and Breakfasts. A preferential rent is a rent an owner agrees to charge that is lower than the legal regulated rent they could lawfully collect. If you are one of the 250,000 tenants with preferential rent your rent can be raised anywhere up to the legal rent when you renew your lease, which is some cases could mean a hike of hundreds of dollars! See more. When you’re looking for a place to live, it’s hard not to be enticed by offers for a free month of rent, gift cards, and other renting concessions. Ohio University & … 2. For more information call (714) 536-8083. A rebate, allowance, or reduction in price or other terms of an agreement. Sher Temporary Concession Rider Contributed by Marcelo Rochabrun (ProPublica) p. 1. Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. Circle K Riding Stables Burbank. ... A limited number of Tommi’s Turtle Huts are available for rent on a first-come-first served basis and can be reserved online in advance. InvestorWords - The Most Comprehensive Investing Glossary on the Web! They can be monetary compensation, some type of … EagleRider has developed motorcycle tours in the USA, France, Germany, Spain, … In October 2003, Conason signed a two-year lease, beginning on November 1, 2003, at a monthly rent of $1,800. The lease included a single page "Temporary Rent Concession Rider" that says "The legal regulated rent for any subsequent lease renewal will be based upon the rent sent forth in the attached lease and not upon the amount of the rent set forth ($1600) in this Rider." Proposed amici emphasize that plaintiffs’ view of the 421-a Program is misplaced. If the concession is not listed in either Paragraph 1(D ) or 1(O) , it shall be deducted from the Tot al Monthly Rent during the Discount Period . Inform Tenants of All Rules and Regulations Up Front. Seek the Right Insurance Coverage. ... Our Rent Vs. Buy Calculator will compare the costs for you. When it contains the appropriate information, this contract may help to limit disagreements by ensuring that both parties share a mutual understanding. RENT CONCESSION RIDER Rider (Rider) attached to and forming part of the Lease Agreement dated as of the day of , , between Related Management Company, L.P. as Agent for Related BIT 500 Lake Shore.

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