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 (DBA Pocketbook Hudson) reducing the leased lot size to 10,458 square feet and lowering annual rent from $30,000 to $18,000. The five-year lease continues while accommodating 34 parking spaces and preserving fire department, election, and snow storage needs.
Contract Details
Contract Amount
$18,000 per annum
Vendor
PBF TENANT LLC DBA POCKETBOOK HUDSON
Agency
City of Hudson, NY
Contract Type
FACILITIES
Document Date
May 22, 2026
Contract Term
Initial five (5) year lease term beginning November 2025; annual rent reduced effective May 26, 2026 from $30,000 to $18,000
Renewal Date
2030-11-30
Renewal Info
Original lease executed around November 2025 for an initial five-year term; this May 26, 2026 amendment adjusts premises size and rent but leaves other provisions, including term and any renewal options in the original lease, in full force and effect.
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