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  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
  • Hubbk Llc v. Schermerhorn Care Llc D/B/A Medrite Urgent Care, Medrite Midtown West Llc Real Property - Other (Breach of Lease/Guaranty) document preview
						
                                

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FILED: KINGS COUNTY CLERK 06/14/2024 09:38 AM INDEX NO. 516496/2024 NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 06/14/2024 HubBKLLC c/o Steiner NYC, LLC 15 Washington Avenue Brooklyn, NewYork 11205 March 7, 2024 Via FedEx Schermerhorn Care LLC 68 Flatbush Avenue Brooklyn, NewYork 11217 Attention: Samuel Fisch Re: NOTICE OF DEFAULTANDDEMANDTO REPLENISH SECURITY DEPOSIT- Lease, dated December 23, 2021 ("Lease"), between HubBKLLC ("Landlord") and Schermerhorn Care LLC ("Tenant") pursuant to which Tenant leased 3,195 rentable square feet of space ("Premises") in the retail area of the building known as Hub, 333 Schermerhorn Street, Brooklyn, NewYork Ladies and Gentlemen: Reference is hereby made to (i) the Lease, and (ii) the Lease Guaranty Rider ("Guaranty") attached to the Lease executed by Medrite Midtown West LLC ("Guarantor") in favor of Landlord. Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed thereto in the Lease. As Tenant was informed in Landlord's letter to Tenant dated December 18, 2023 (the "December Notice"), Landlord previously drew on the Security Deposit under the Lease in the amount of $93,094.60 and applied such amount to the payment of outstanding sums, together with interest and service fees thereon, as more particularly set forth in the December Notice. Demand was also made in the December Notice that, pursuant Section 37(d) of the Lease, Tenant promptly deposit with Landlord the sum of $93,094.60 to restore the Security Deposit to its full amount of $200,000 within ten (10) days. To date, the Security Deposit has not been so replenished and an Event of Default under the Lease is continuing on account thereof. Landlord hereby notifies Tenant and Guarantor that additional Events of Default have occurred and are continuing pursuant to Section 25(a)(i) of Lease in connection with Tenant's failure to timely pay the following: (i) Tenant's (a) estimated Retail Share of CommonArea Costs for the month of January, 2024 in the amount of $100.41, and (b) estimated Building Share of Taxes - March2024.docx