7 years lease

TWU International was the original tenant to 1700 Broadway, therefore we the TWU Local 100  are the sub lease for that period of 7 years. TWU Local 100 moved in January 2011 so one year has gone by with six years still remaining. When the TWU Local 100 assumed - the TWU International lease at 1700 Broadway by 50th Street across the street from the David Letterman show cost about $100,000 a month for rent.

Since the TWU Local 100 has given the green light to John E Sameulsen president of TWU Local 100 Take Backward Our Union TBOU to go ahead with the purchase of the condominium at 195 Montague Street, Brooklyn, New York 11201-3631 with assumption the maintenance amount will be at around $15,000 give or take.

Many are wondering how we would be able to be at two places at the same time? They have concluded that the lease is unbreakable. Then there are others who believe that TWU International will do us a favor by breaking the lease so we could get out without losing any money. That act would give the landlord the right to raise the price of the rent for the future tenant whomever that may be.