TD Bank signs 10-year lease with Ash Management in Flatbush

TD Bank as tenant signed a memorandum of lease with landlord Ash Management through its entity Ash Realty, Ltd. for 1 parcel, including the tax class office building with commercial with one to six stories (O5) at 949 Flatbush Avenue in Flatbush. The memorandum was signed on July 14, 2020 and was recorded on April 5, 2021.
The property contains a total of 46,374 square feet of built space. The memorandum did not disclose the number of square feet for the lease. The signatory for Ash was Ezra Ashkenazi.
This is a 10-year lease with two options to extend for five years each.
Over the past five years, there have been 6 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 6 renovation/alteration projects (A2) applied for with a total estimated value of $2,024,400.

Direct link to Acris document. link