Two Trees is dedicated to retaining a diverse team of commercial tenants who exemplify DUMBO’s id as a position where by entrepreneurship, creativeness, and group engagement are celebrated. Recognizing that sector rents are not possible for all, the Cultural Space Subsidy Program awards affordable studio room to artists who ideal exhibit their intent in supplying a social reward to DUMBO and the broader neighborhood. Rising and mid-career artists with a robust exhibition background or group-targeted practice are eligible to implement.
Positioned in landmarked, industrial loft buildings, obtainable studios range from 500–2,500 RSF and have home windows, air conditioning, and warmth. The majority of readily available studios are 1,000–1,500 RSF. Two Trees commercial structures have shared facilities for all tenants, which includes communal conference rooms, protected bike storage, and roof decks as perfectly as 24-hour freight elevator and loading dock accessibility.
Particulars of the license agreement entail lessened hire of $12/RSF for every calendar year. For case in point, a 1,000 RSF place would be $1,000 for each thirty day period additionally utilities. License agreements will very last up to 3 many years with no solution for renewal. Tenants fork out all applicable typical fees, real estate taxes, and utilities.
Take note that tenants have to maintain an active specialist apply. Studios could not be made use of for performances, rehearsals, storage, or sublet to other teams or people. Very toxic chemical compounds, welding, and significant-run electrical machines are prohibited. Living in Two Trees business areas is strictly prohibited.
The software interval closes on Might 31, 11:59pm (ET). Recipients will be contacted in September 2022. License agreements will get started in early 2023, with an expiration date of December 31, 2025.
To study much more and apply, visit twotreesny-cssp.submittable.com.