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Modern Architecture

Early Termination Policy

We understand that sometimes, certain unpredictable situations happen in life, and you might be unable to complete your lease. It can be a stressful and complicated situation for everyone. Before breaking a lease, residents should review their lease agreement to understand the process and associated fees. 

 

The fees and penalties are as follows:

  1. Residents must provide 60 days' notice of their intent to break their lease. During the 60 days, the tenant is responsible for the rent. 

  2. A 2-month penalty must be paid at the time notice is received. The 60 days’ notice then begins.

  3. An Early Termination Agreement must be signed.

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In total, a lease break is equal to roughly four months' rent. 

 

If you need to break your lease due to unforeseen circumstances such as a family emergency or financial hardship, please communicate with the management team immediately. 

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60 West 66th Street

New York, New York 10023

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