Central Park West comprises the city’s grandest streetscape. Up and down this idyllic thoroughfare, great architectural masterworks of the last century create striking vistas that are unmatched anywhere else in the city.

From the imposing twin-towered buildings at The Century, The San Remo and The Majestic, to the regal opulence of The Dakota, buildings along Central Park West are at once singular yet complementary.

 

For more than a century, Central Park West’s iconic buildings have occupied the province of elite circles. From celebrated actors, musicians and writers to business and media tycoons, the rich and famous have flocked to these well-known addresses.

 

 Even more unusual, Central Park West’s newer addresses share the same rarified stratosphere as the avenue’s pre-war masterpieces. Most notably, Robert A.M. Stern’s 15 Central Park West, a 43-story, two-building limestone development completed in 2007, is unquestionably the most prestigious address in all of New York City, commanding record-setting prices and attracting a who’s who of elite residents, including Sting and Denzel Washington.

 

A quintessential family neighborhood, Central Park West’s best known landmark is the American Museum of Natural History, one of the world’s preeminent scientific and cultural institutions. Located directly across from Central Park at 79th Street, the museum complex consists of 27 interconnected buildings housing 45 permanent exhibition halls, as well as the Rose Center for Earth and Space, which includes Denzel Washington.

Given its enormous pedigree, Central Park West is home to esteemed houses of worship such as Shearith Israel, the oldest Jewish congregation in the United States, and the First Church of Christ Scientist, housed at the former Second Church of Christ Scientist’s historic Beaux-Arts building at 10 West 68th Street.

The larger Upper West Side community is famed for its elite private and top-rated public schools. For dining, area residents can choose from among the many popular restaurants lining Amsterdam, Columbus and Broadway. In addition, the Time Warner Center at 59th Street and Columbus Circle, with luxury condominiums beginning on the upper floors, is now one of New York’s hottest culinary destinations, with acclaimed fine-dining restaurants such as Masa, Per Se and Landmarc.

Residents living along Central Park West have easy access to multiple subway lines, including the B and C trains, running directly along Central Park West, and the 1, 2, 3 trains at Broadway. Crosstown buses also offer a quick trip cross Central Park to Manhattan’s east side.

 

Check out The 5 Mistakes You Can’t Afford To Make When It Comes To NYC Student Housing (And What To Do About It)

 

 

West 88th Street Rental Agreement


Riverside Terrace (West 88th Street) License Agreement 

THIS LICENSE AGREEMENT made as of this day by and between Student Housing Works LLC., (the “Licensor”) and referred to as the “LICENSEE”). Licensor hereby grants Licensee a license to use occupy an apartment (the “Unit”) in the Building, on the terms and conditions of this License Agreement.   

For good and valuable consideration between Licensor and Licensee, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

  1. LICENSE
    Licensor and Licensee acknowledge and agree that this Agreement constitutes a license and not a lease, and that nothing contained in this Agreement creates a landlord-tenant relationship. As a Licensor entering into a license and not a lease, Licensee understands and acknowledges that none of the rights or protections afforded to lessees or tenants under the laws of the State of New York are afforded to Licensee(s). This Agreement and the rights of Licensee shall not be deemed to be or construed as a month-to-month tenancy or any other type of tenancy, and Licensee hereby waives any and all notices which would otherwise be required for a landlord to give to a tenant to terminate any such tenancy. The use of the Unit pursuant to this Agreement shall constitute a license subject to Section 713 of the New York Real Property Actions and Proceedings Law and to all other applicable laws.
  2.  Term Of License Agreement   through  . The obligation of Licensee to make license payments shall continue for the entirety of the Term (described below) and until all such sums due Licensor hereunder have been paid in full. Licensee does hereby acknowledge and agree that this License Agreement shall be in full force and effect for the entirety of the Term, regardless of whether Licensee is for any reason unable to continue occupying the Unit.
  3. LICENSE FEE 

            3.1 Licensee shall pay to Licensor a license fee of  per month for the use of the Unit during the term of this Agreement. Payment of the license fee shall be as follows:

i) Monthly Payment Basis- Licensee can elect to be be approved by licensor to pay the license fee on a monthly subject to Licensee being approved by licensor. 
ii) Advance Payment- Payment totaling the amount for the entire duration

         3.2. Additional fees, including but not limited to late fees, non-sufficient funds fees, lock-out fees, key/card replacement fees, cancellation fees, transfer fees, damage fees, etc., may be billed by Licensor. Cash, Checks or money orders are not accepted at the residence.” All payments shall be made through Student Housing Works LLC online payment portal. Licensor has the right to refuse payment in the form of "cash.” Payments received will first be applied to any outstanding charges (including but not limited to late charges, cleaning service fees, damage repair and insufficient funds check charges) incurred by or on behalf of Licensee, prior to applying payment to the current License Fee payment due and payable. In the event the payment is insufficient to pay in full all charges then outstanding, Licensee shall immediately pay the difference, plus any late charges incurred by virtue of the failure of Licensor to pay in a timely manner.

       3.3. Late Fee. In the event any payment is not received prior to the close of business on or before the 25th (or 5 days) days after such License Fee payment was due (as per the invoice due date), Licensee shall pay a late charge equal to five percent (5%) of the License Fee payment that is past due. Any unpaid balance after the aforementioned due dates, regardless of the cause, may be grounds for terminating the license.

     3.4. Non-sufficient Funds. Licensee shall pay a charge of fifty dollars ($50.00) for any payment returned for non-sufficient funds, or which otherwise fails to clear the issuer bank. Such charge shall be due and payable immediately upon notification to Licensee of each such instance, and shall be in addition to any late charges assessed. The non-sufficient funds check charge shall constitute additional License Fee payments due and payable hereunder.

     3.5. Utilities: all electric charges related to electric service to the Unit and the Licensor are included in the rent rate.

  1. PERMITTED USE

4.1. Licensee shall use the Unit for student / internship housing only, and shall not use the Unit or any part of the Building for any purpose other than as a residence for Licensee. Licensor may conduct such inspections as it deems necessary to determine whether the Unit or any other portion of the Building is being used for any purpose proscribed hereby. Licensee shall use and occupy the Unit and the Building in compliance with applicable local, State, and Federal laws, any rules and regulations of the government board having jurisdiction.

4.2. Licensee shall be responsible for any and all damage or destruction to the Unit caused, directly or indirectly, by Licensor or Licensor's Guests or invitees, and shall also be responsible for any and all damage and destruction to any portion of the Building caused, directly or indirectly, by Licensor or Licensor's Guests or invitees. Licensor determination of conditions is final. As of the Termination Date, the Unit shall be in the same condition as it was as of the Term Commencement Date, except for reasonable and ordinary wear and tear.

5. GUEST POLICY: A guest is defined as anyone who is not a currently registered Tenant of
the room. All guests must be signed in by Tenant and must leave photo identification at the front
desk, to be returned when the guest signs out and leaves the building. All guests must be
escorted through the building at all times. Tenant is responsible for the behavior of their guests
at all times, whether or not they are present. Tenant is required to inform guests of all pertinent
Housing Rules and Regulations. Every overnight Guest must also be registered with Riverside
Terrace prior to their stay. Tenant may not sublet their Premises or assign any of their rights to
occupy their Premises.

  1. CONDITION OF UNIT
    The Unit shall be delivered to Licensee on the Commencement Date of this Agreement and Licensee shall accept the Unit in its “as is” condition, and Licensor shall not be required to perform any work or alterations to prepare the Unit for occupancy by Licensee. Licensor shall be responsible for maintaining and repairing the Unit except that Licensee shall be responsible for the cost of any repair or maintenance, including painting, replacement of furniture or equipment arising from Licensee's activities, reasonable wear and tear excepted. Licensee is required to bag and place trash into the waste and/or recycling receptacles provided in designated locations at a frequency which reduces the likelihood of pests and vermin.
  2. Application Fee AND Service Fee
    Licensee will be charged $300.00 service fee and $25.00 application fee that will be reflected on the initial invoice.
  3. RENEWAL
    This License Agreement terminates on the Termination Date. As stated in Section 9 (“License Termination by Leasee”) Licensor reserves the right not to renew or continue this License Agreement for any subsequent Term periods (at Licensor’s sole discretion). Licensees permitted to renew must comply with the processes and procedures outlined by the Licensor. Furthermore, while Licensors may request to continue in an assigned space, doing so is not guaranteed, nor is storage. Licensor reserves the right to refuse to offer a license to occupy any portion of the Building to Licensee during any subsequent academic year at Licensor's sole discretion. Should Licensee occupy the Unit or any portion of the Building after the Termination Date, with the approval of Licensor, then Licensee must execute a new License Agreement with Licensor and beginning the day after the Termination Date, which License Agreement shall provide for a different License Fee.
  4. LICENSE TERMINATION BY LICENSOR

9.1 Licensor reserves the right not to renew or continue this License Agreement for any subsequent Term periods (at Licensor’s sole discretion). Failure of Licensee to vacate the Unit upon termination of this Agreement may result in remedies available to Licensor hereunder and pursuant to applicable laws.

9.2 In the event of any non-monetary default by Licensee, Licensor may terminate this Agreement by delivering notice thereof to Licensee advising of the default and if said default is not cured within then (10) days thereafter, this Agreement shall, at the option of Licensor, terminate.

9.2 In the event that Licensee does not make timely payment of any installment of the license fee, or additional fees as provided in this Agreement, within five (5) days after the due date thereof, Licensor shall have the right to terminate this Agreement on notice to Licensee.

9.3 In the event the Licensee defaults on License Agreement, Licensee acknowledges responsibility to continue payment through the term of the license agreement. Licensee acknowledges forfeiture of deposit.

  1. REMOVAL UPON EXPIRATION OR TERMINATION OF AGREEMENT

10.1 Licensee, on or before the expiration or sooner termination of this Agreement shall quietly and peaceably vacate the Unit and remove its property from the Unit so that the Unit are in the same condition (ordinary wear and tear excepted) as on the date of the commencement of the term of this Agreement, and Licensee shall promptly repair all damage caused by such removal. Any property or items of Licensee remaining in the Unit after the expiration or sooner termination of this Agreement shall be deemed abandoned and may be deposed of by Licensor as it sees fit in its sole discretion at Licensee's expense. Licensee further agrees that Licensor shall have no liability for any disposal of property which is deemed abandoned.

10.2 The parties recognize and agree that it would be difficult, if not impossible, to actually assess the damages which would be suffered by Licensor as a result of Licensee's failure to surrender vacant possession of the Unit on the expiration or sooner termination of this Agreement. Licensee therefore agrees that if vacant possession of the Unit is not surrendered to Licensor on the expiration or sooner termination of this agreement, then Licensee shall pay Licensor, as liquidated damages and not as a penalty, for each day and for any portion of a day during which Licensee holds over in the Unit after the expiration or sooner termination of this Agreement, a sum equal to One Hundred ($200.00) Dollars per day. Such liquidated damages shall not (i) limit Licensee's indemnification obligations founded upon Licensee's failure to surrender vacant possession of the Unit to Licensor on the expiration or sooner termination of this Agreement or (ii) limit Licensor's rights of eviction against Licensee.

10.3 Nothing contained in this Agreement shall be deemed to authorize Licensee to remain in occupancy of any portion of the Unit after the expiration or sooner termination of this Agreement. In addition, Licensor shall be entitled to commence and maintain a special proceeding under Section 713 of the New York Real Property Actions and Proceedings Law and / or any other appropriate action to obtain possession of the Unit from Licensee and to enforce Licensee's obligations under this Agreement.

  1. ALTERATIONS
    Licensee shall not install anything in the Unit or perform any alterations, additions or improvements therein, without first obtaining the prior written consent of Licensor in each instance.
  2. NO LIABILITY
    Neither Licensor nor any agent or employee of Licensor shall be liable to Licensee for any injury or damage to Licensee or any other person or for any damages to or loss (by theft or otherwise) of any property of Licensee or of any other person, irrespective of the cause of such injury or damage, except to the extent caused by or due to the gross negligence or willful act of Licensor or its agents or employees.
  3. INDEMNITY
    Licensee shall indemnify and save harmless Licensor and its agents and employees from and against any and all losses, costs, expenses, claims and liabilities including, but not limited to reasonable attorneys' fees and disbursements, (i) arising from the use, occupancy, conduct of the Unit by Licensee, or any work or thing done, or any condition created in or about the Unit during the term of this Agreement by Licensee, (ii) arising from any act or omission by Licensee or its agents, invitees, or contractors, (iii) arising from Licensee's failure to comply with any of the terms, covenants or conditions of this Agreement, or (iv) any delay by Licensee in surrendering vacant possession of the Unit upon the expiration or sooner termination of this Agreement. In case any action or proceeding is brought against Licensor by reason of any such claim, Licensee shall pay all of Licensor's costs (including without limitation, reasonable attorneys’ fees and disbursements) incurred in connection therewith.
  4. NO PETS
    No pets shall be kept by Licensee in or about the Unit or the Building.
  5. NO REDUCTION IN LICENSEE FEE
    The license fee payable by Licensee hereunder is fixed for the term of this Agreement and is not subject to any reduction for the failure of Licensee to fully utilize the unit (s) licensed pursuant to this Agreement.
  6. NO ASSIGNMENTS or Subletting. Licensee, shall not assign, sublet or transfer his or her interest in this License Agreement.
  7. ACCESS
    During reasonable hours and with reasonable notice, except in emergencies, Licensor or any of their representatives or agents may enter the Unit for the following reasons:
    1)1)i) To perform necessary or required repairs in the Unit or in connection with the performance of repairs, alterations or improvements to the building and / or other occupant's space.
    1)1)ii) To show the Unit to students who wish to license the Unit upon the expiration of the current student's license agreement.
    1)1)iii) To inspect the condition of the Unit.
    1)1)iv) If at any time the student is not personally present to permit Licensor or any of their representatives or agents to enter the Unit and entry is necessary or allowed by law or under this license agreement, Landlord or Licensor or any of their representatives or agents may nevertheless enter the Unit. Landlord and Licensor or any of their representatives or agents may enter by force in an emergency. Landlord or Licensor will not be responsible to the student, unless during any such entry Landlord or Licensor or any of their representatives or agents is negligent or misuses the student's property.
  8. SUBJECT AND SUBORDINATE
    This Agreement and all rights of Licensee hereunder are subject and subordinate to the terms and conditions of any and all underlying leases and mortgages which may now or hereafter affect the Building.
  9. WAIVERS
    Licensee hereby waives trail by jury in any action or proceeding brought against Licensee by Licensor relating to this Agreement. Licensee agrees not to claim any set-off or offset or interpose any counterclaim of whatever nature or description, except compulsory counterclaims, in any such proceeding or action.
  10. NOTICES
    All notices required or desired to be given hereunder shall be deemed properly given two days after being mailed by certified mail, return receipt requested, addressed to the parties at the addresses set forth in this Agreement. Either party may change its address by giving the other party notice of its new address.
  11. NO BROKER
    Licensee represents to Licensor that Licensee had no conversations or negotiations with any broker or finder with respect to this Agreement. Licensee agrees to indemnify, defend, and hold Licensor harmless from and against any and all claims for fees and commissions and against any liability (including reasonable attorney's fees and disbursements) arising out of any conversations or negotiations had by Licensee with any broker or finder with respect to this Agreement.
  12. VALIDITY
    A determination that any provision of this Agreement is void, unenforceable or invalid shall not affect the enforceability or validity of any other provision, and any determination that the applications of any provision of this Agreement to any person or under particular circumstances is illegal or unenforceable shall not affect the enforceability or validity of such provision as it may apply to other persons or circumstances.
  13. FORCE MAJEURE
    If Licensor’s performance hereunder is materially hampered, interrupted, or rendered impossible, hazardous or interfered with by reason of fire, casualty, lockout, act(s) of God, riots, strikes, labor difficulties, epidemics, earthquakes, any act or order of any public authority, administrative or judicial regulations, order or decree or by any local or national emergency, and/or any other cause or event, similar or dissimilar, beyond Licensor’s control, then Licensor shall be excused from performance of this License and will not have any liability in connection therewith.
  14. REMEDIES
    The parties hereby expressly acknowledge and agree that their remedies are cumulative, and that mention of a particular remedy in this Agreement does not preclude either from exercising any and all other rights and remedies available to it, whether at law or in equity
  15. COUNTERPARTS
    This Agreement may be executed in one or more counterparts, each of which, when so executed and delivered, shall be deemed an original, but all of which when taken together shall constitute but one and the same instrument.
  16. GOVERNING LAW
    This Agreement shall be governed and construed in all respects by the laws of the State of New York.
  17. ENTIRE AGREEMENT
    This Agreement contains the entire agreement between the parties with respect to the subject matter hereof and no earlier statement or prior written agreement between the parties with respect to the subject matter of this Agreement shall have any force or effect. Licensee agrees that it is not relying on any representations, warranties or agreements other than those expressly contained in this Agreement. This Agreement shall not be modified or canceled except in a writing subscribed by all parties hereto. This Agreement shall bind the parties hereto and their successors and permitted assigns.
  18. SURVIVAL
    Licensee's obligations and liabilities under this Agreement shall survive the expiration or sooner termination of this Agreement.
  19. HEADINGS
    The headings contained in this Agreement are inserted solely for reference and shall not constitute a part of this Agreement nor affect its meaning, construction or effect.

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Document name: West 88th Street Rental Agreement
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June 29, 2022 6:06 pm EDTWest 88th Street Rental Agreement Uploaded by Brian Thornton - brian@studenthousingworks.com IP 66.220.240.197, 185.93.229.38, 184.168.224.32, 0.0.0.0, 66.220.240.197
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