NEW YORK CITY-Former President Bill Clinton has renewed his 8,715-square-foot office lease in the 14-story tower located at 55 W. 125th Street in Harlem for 10 more years. The US General Services Administration represented the tenant in the deal.
The rent for the first five years of the lease will be $399,931 per year, which is about $100,000 less than the present value of nearly $506,777 per year. For the full story, go to Wall Street Journal.
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