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 .
Kansas Provision Using Floor Area as the Measurement Standard for Midtown Manhattan Modern Office Towers The Kansas Provision is an innovative construction regulation introduced as a measurement standard for Midtown Manhattan modern office towers. This provision aims to regulate the calculation of floor area, allowing for a more accurate representation of the usable space within these commercial buildings. By implementing this provision, it ensures a fair and consistent measure of floor area, benefiting both tenants and developers alike. In Midtown Manhattan, a hub of bustling business activity, where office towers dominate the skyline, having an accurate and standardized measure of floor area is crucial. The Kansas Provision establishes a clear methodology for measuring the floor area of these buildings, ensuring a level playing field for all stakeholders. One of the key elements of the Kansas Provision is its reliance on floor area as the primary metric for measurement. Unlike traditional methods that consider other factors such as building height or setback, the Kansas Provision focuses solely on floor area. This approach eliminates any discrepancies or potential manipulation of measurements, providing a reliable and consistent basis for evaluation. The Kansas Provision also takes into account the specific requirements of modern office towers in Midtown Manhattan. These contemporary buildings often feature unique architectural designs, with floor plans that may deviate from conventional layouts. Therefore, the provision includes guidelines for accurately measuring irregular floor plans, ensuring the true usable area is captured. By implementing the Kansas Provision, several types of modern office towers in Midtown Manhattan benefit from improved measurement standards: 1. Standard Office Towers: These are typical commercial buildings characterized by their rectangular or square floor plans. The Kansas Provision ensures accurate measurement of these standard office towers, promoting fair market evaluation and preventing any potential discrepancies in floor area calculation. 2. Skyscrapers and High-Rise Towers: Midtown Manhattan is renowned for its iconic skyscrapers and high-rise towers. The Kansas Provision caters to the unique challenges these buildings present, accounting for various factors such as setbacks, penthouses, and mechanical floors. This ensures an accurate representation of the usable floor area, supporting equitable leasing or rental processes. 3. Mixed-Use Developments: Midtown Manhattan is increasingly witnessing the rise of mixed-use developments, which combine office spaces with retail, dining, or residential areas. The Kansas Provision distinguishes between different types of spaces within these developments, allowing for precise measurement of office floor areas within a larger complex. In conclusion, the Kansas Provision serves as an essential tool for regulating the measurement of floor area in Midtown Manhattan modern office towers. By relying on floor area as the primary metric and accommodating diverse architectural designs, this provision ensures fairness and consistency in evaluating and comparing different commercial properties. Its implementation benefits tenants, developers, and the real estate market as a whole, fostering transparency and facilitating optimal business operations within the vibrant landscape of Midtown Manhattan.
