THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, LESSOR
Empire State Building Associates, LESSEE
Indenture of Lease
(Click here: for Copy)
Dated December 27, 1961
Demised Premises: 350 Fifth Avenue,
New York, New York
SECTION 20.01. Provided, at the respective times hereinafter set
forth for the exercise of renewal options, this Lease shall be in
full force and effect, the term of this Lease may, subject to the conditions
set forth in Section 20.03 hereof, at the option of Lessee
by written notice to Lessor as in this Article 20 provided, be extended
for four (4) successive periods of twenty-one (21) years each, each
such period of twenty-one (21) years being in this Lease sometimes
referred to as a renewal term, as follows:
First Renewal Term—January 5, 1992 to January 5, 2013
Second Renewal Term—January 5, 2013 to January 5, 2034
Third Renewal Term—January 5, 2034 to January 5, 2055
Fourth Renewal Term—January 5, 2055 to January 5, 2076
Lessee shall have the right to exercise the aforementioned options
to renew by written notice to Lessor at the times specified as follows:
(a) First Renewal Term—at any time from December 27, 1961,
to January 5, 1990.
(b) Second Renewal Term—at any time from January 5, 1992,
to January 5, 2011.
(e) Third Renewal Term—at any time from January 5, 2013,
to January 5, 2032.
(d) Fourth Renewal Term—at any time from January 5, 2034,
to January 5, 2053.