City of Hudson Resolution Authorizing Lease Amendment Agreement 2026-05-26
Hudson amends parking lot lease with PBF Tenant
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Description
The City of Hudson approved a lease amendment with PBF Tenant, LLC to reduce the leased area at 604 Washington Street while increasing the number of parking spaces to 34. The amendment decreases annual rent from $30,000 to $18,000 for an initial five-year term, with all other lease provisions remaining in effect.
Contract Details
Contract Amount
$18,000.00 per annum for the initial five (5) year lease term (reduced from $30,000 per year)
Vendor
PBF TENANT LLC
Agency
City of Hudson, NY
Contract Type
FACILITIES
Document Date
May 22, 2026
Contract Term
Initial five (5) year lease term beginning on or about May 26, 2026, annual payments due by January 1 each year
Renewal Date
2031-01-01
Renewal Info
Initial lease term is five years at $18,000 annually, with annual payments due by January 1; all other renewal or extension provisions, if any, remain as stated in the original November 2025 Lease Agreement, which is not modified except as specified.
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