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EXHIBIT 10.66
LEASE MODIFICATION
AGREEMENT
JULY 1, 1990
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LEASE MODIFICATION AGREEMENT
AGREEMENT made as of the 1st day of July, 1990, by and among ▇▇▇▇▇▇▇▇▇▇
Realty Cub Corporation, a New York corporation ("▇▇▇▇▇▇▇▇▇▇") and ▇▇▇ ▇. ▇▇
▇▇▇▇., ▇ ▇▇▇ ▇▇▇▇ corporation ("328" and, together with ▇▇▇▇▇▇▇▇▇▇, being
hereinafter collectively referred to as "Landlord"), As landlord, and Vertical
Fitness and Racquet Club, Ltd., a New York corporation, as Tenant ("Tenant").
W I T N E S S E T H :
WHEREAS, Landlord and Tenant executed a certain amended and restated
lease, dated as of March 26, 1985, (the "Lease") covering the premises therein
defined ("Demised Premises"); and
WHEREAS, Landlord and tenant are mutually desirous of modifying the
Lease upon the terms and subject to the conditions set forth in this settlement.
NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants contained herein, the parties hereto hereby mutually agree as follows:
1. The Demised Premises shall no longer include the basement floor at
▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇; ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, exclusive of mechanical equipment
areas and elevator shaft. It is the express intention of the parties that such
excluded space (the "Garage") shall be the same space which was occupied by the
former garage Tenant until June 30, 1990.
2. All references in the Lease to the garage premises and the and the
site thereof shall be deemed deleted and of no further force or affect. The
parties acknowledge that ▇▇▇▇▇▇▇▇▇▇ shall have the sole right and responsibility
to enter into leases and/or management agreements covering the Garage and to
deal with the tenants and/or managers of the Garage, subject, however, to
Tenant's continued rights to free access to its elevators, stairs, machinery and
equipment in and through the garage, provided same does not unreasonably
interfere with the garage business.
▇▇▇▇▇▇▇▇▇▇ REALTY CLUB CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
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328 E. 61 Corp.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
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VERTICAL FITNESS AND RACQUET
CLUB, LTD.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
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President
