"A number of them have requested lease extensions," said the Gale president.
The museum's lease extension is expected to expire at the end of April.
But after some pressure by local officials, church elders acquiesced, and the city-financed center was granted a lease extension last year.
If there was no agreement, the tenant would get a one-year lease extension providing for no more than a 15 percent increase.
As a last resort, the tenant could request a one-year lease extension, with a 15 percent cap on any rent increase.
The agency disagrees, reasoning that the lower rent is inextricably tied to the lease extension.
It made sense to negotiate a more flexible lease extension with New Jersey.
Somehow, despite all odds, he'd gotten another lease extension.
The lease extension provides the team with time to adjust to further delays in the 22-acre Atlantic Yards project.
In 2011, Citigroup signed a lease extension through 2022 to remain the building's anchor tenant.