Edna Wells Handy December 28, 2010
Exhibit 10.40
| Xxxx Xxxxx Handy | December 28, 2010 |
| Commissioner |
| Real Estate Services | By Certified Mail Return Receipt Requested |
| 0 Xxxxxx Xxxxxx | Berkshire Equity LLC |
| 20th Floor | 0000 00xx Xxxxxx - Xxxxx 0X |
| New York, NY 10007 | Brooklyn, New York 11219 |
| Attn: Xxxxx Xxxxxxxxx |
| (000) 000 0000 tel | ||
| (000) 000 0000 fax | Re: | Option to Xxxxx Xxxxx |
| Xxxxx made the 1st day of January, 1997 | ||
| 000-000 Xxxxxxxxxx Xxxxxx (the "Lease") | ||
| Block 165, Lot 22, Brooklyn | ||
| Human Resources Administration |
| Dear Xx. Xxxxxxxxx: | |
| Pursuant to Article 3 of the Lease, Tenant does hereby exercise its option to renew the Lease, for a period of five (5) years, commencing January 1, 2012 and expiring December 31, 2016, at an annual rent of One Million Seven Hundred Seven Thousand Six Hundred Sixteen Dollars ($1,707,616.00) for the entire renewal term. | |
| In accordance with Article 22 (Notices) of the Lease, please be advised that notices to Tenant shall be addressed as follows: | |
| Assistant Commissioner of Acquisitions and Construction Services | |
| Department of Citywide Administrative Services | |
| Division of Real Estate Services | |
| 0 Xxxxxx Xxxxxx, 00xx Xxxxx Xxxxx | |
| New York, New York 10007 | |
| and | |
| Director, Lease Management | |
| General Support Services | |
| Human Resources Administration | |
| 000 Xxxxxx Xxxxxx, 00xx Xxxxx | |
| New York, New York 10013 |
Xxxxx Xxxxxxxxx
December 28, 2010
Page 2
Thank you for your attention to this matter.
| Sincerely, | |
| /s/ Xxxxxxx Xxxxxxx | |
| Xxxxxxx Xxxxxxx | |
| Assistant Commissioner | |
| (000) 000-0000 |
| c: | Xxxxx Xxxxxx, HRA |
| Xxxxxxx Xxxxxxxx, HRA | |
| Xxxxx Xxxxxxxxx | |
| Xxxxx Xxxxxxx, OMB | |
| Xxxxx Xxxxxxx | |
| Xxxx Xxxxxxx | |
| Central File-HRA-3/165/22/1381 |
