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 .
Nebraska Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers The Nebraska provision is a measurement standard used specifically for determining the usable area in modern office towers located in Midtown Manhattan, New York City. This provision has been developed to ensure consistency and accuracy when calculating the usable area of commercial office spaces, providing a fair and reliable measure for tenants, landlords, and real estate professionals. The Nebraska provision focuses on the usable area of office spaces rather than the rentable area, which includes common areas and building service areas. It aims to provide tenants with a clear understanding of the actual usable space within their leased premises, enabling them to make informed decisions about their office requirements. By utilizing the Nebraska provision, office spaces in Midtown Manhattan modern office towers are measured according to specific guidelines. This includes excluding areas such as mechanical rooms, vertical penetrations, circulation spaces, and certain structural elements from the usable area calculation. The provision also takes into account elements like interior columns and multilevel floor configurations, providing a more accurate depiction of the available working area. The Nebraska provision also encompasses different types of modern office towers in Midtown Manhattan. Some of these types may include: 1. High-rise office towers: These are typically tall buildings located in the central business district of Midtown Manhattan, comprising multiple floors of office spaces. The Nebraska provision ensures the accurate measurement of usable areas in these high-rise towers, taking into account factors such as height, floor area, and layout. 2. Skyscrapers: Midtown Manhattan is home to numerous iconic skyscrapers, boasting impressive heights and distinctive architectural designs. The Nebraska provision considers the usable area within these tall structures, accommodating for unique features like setbacks, spires, and varying floor sizes. 3. Mixed-use office towers: Many office towers in Midtown Manhattan also incorporate a mix of commercial, retail, and residential spaces. The Nebraska provision caters to these mixed-use developments, providing an accurate measurement of the usable area within the dedicated office portions of these buildings. 4. LEED-certified office towers: With an increasing focus on sustainability, several Midtown Manhattan office towers have achieved LEED certification. The Nebraska provision aligns with the standards set by the Leadership in Energy and Environmental Design (LEED) rating system, ensuring the accurate measurement of usable areas while considering green building features such as energy-efficient systems, daylight utilization, and sustainable materials. In conclusion, the Nebraska provision offers a standardized and reliable measurement standard for determining usable areas in modern office towers located in Midtown Manhattan. It accounts for various factors, layouts, and building types, providing tenants and real estate professionals with an accurate understanding of the office spaces available, enabling better decision-making and negotiation.
