- 18 - which is a 52-story office tower with approximately 1,174,200 square feet of rentable space, and of the Parking Garage; construction was completed in the second half of 1983. c. The Atrium Project Agreement Concurrently with the execution of the Ground Lease, the Bank and the 1700 Partnership entered into an agreement dated February 5, 1981, whereby the Bank, at its sole expense, would construct a glass atrium (the Atrium) on the Broadway-Lincoln block, enclosing the area between 2UBC and 3UBC (and east of 2UBC) (the Atrium Project Agreement). The Atrium Project Agreement stated that the Atrium and the Skyway, see infra sec. II.A.3.d., were being constructed “in order to accomplish the appropriate integration of the New Project [1UBC] with the Principal Bank Property [2UBC and 3UBC].” The Developer and the 1700 Partnership would not have made the commitment to build 1UBC had the Bank not made a commitment to build the Atrium. In 1984, at the request of the Bank, the architectural plans for the Atrium were modified to reduce the scale of the Atrium and to address certain safety concerns. d. The Skyway Agreement, The 1981 Easement Agreement, and The Space Lease Concurrently with the execution of the Ground Lease and the Atrium Project Agreement, the Bank and the 1700 Partnership entered into an agreement dated February 5, 1981, whereby thePage: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Next
Last modified: May 25, 2011