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 .
Washington Provision Using Usable Area as the Measurement Standard for Midtown Manhattan Modern Office Towers
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FAQ
The benefits of Floor Area Ratio (FAR) in commercial real estate are that it allows for higher project density, which can lead to increased property value.
Floor area ratio (FAR) is the measurement of a building's floor area in relation to the size of the lot/parcel that the building is located on. FAR is expressed as a decimal number, and is derived by dividing the total area of the building by the total area of the parcel (building area ÷ lot area).
FSR is calculated by dividing the total floor area of a building by the total area of the land, (or site area).
Building Area ? The sum of the floor area of all floors in all buildings on a site. Unlike "Floor Area," building area includes garages, carports, storage buildings, and other attached or detached accessory structures.
Floor area ratio (FAR) is the ratio of a building's total floor area (gross floor area) to the size of the piece of land upon which it is built. It is often used as one of the regulations in city planning along with the building-to-land ratio. The terms can also refer to limits imposed on such a ratio through zoning.
Shear wall area to floor area ratio (also referred to as shear wall ratio) is determined by dividing the total shear wall area in one principal direction to the plan area of the ground floor (SAw/Ap). ...
For short), determine the length and width of the area you are working with, measured in feet. Multiply the length by the width and you'll have the square feet. Here's a basic formula you can follow: Length (in feet) x width (in feet) = area in sq.
