Former President Bill Clinton and 55 W. 125th St.
Former President Bill Clinton has signed a 10-year lease renewal for his 8,715-square-foot office atop 55 West 125th Street and got a $100,000-a-year-discount for taxpayers, the Wall Street Journal reported. Under the Former Presidents Act of 1958, Clinton is afforded “suitable” office space by the government. Originally, his Harlem lease was one of the most expensive ever for a former president, but now he’s trumped by former President George W. Bush, whose 15,678-square-foot Dallas office lease costs $701,636 annually, according to the U.S. General Services Administration. Clinton’s new lease will total just under $400,000 for the first five years, less than the $506,777 he had been paying for the space prior to the renewal. The William J. Clinton Foundation, which pays for its own office space, also has around 19,000 square feet on the 11th and 13th floors of the building. The foundation’s lease expires next summer. [WSJ]