municipal transportation agency to execute a retail lease agreement with the sega food groups and ramin vahabi for approximately 1127 square feet of retail spaoes at 133 ofarrellstreet, for ten year term and an initial base rent of $180,000 with annual increases. >> good morning, chair farrell and supervisor mar and avalos, i am from mta and we seek the approval to authorize the director of transportation to execute a lease for a tenant space at the garage, the garage provides 950 parking spaces and three tenant retail spaces, four of which are occupied. under the lease done, and the time to repay, $15,000 a month in rent which is about $160 per square feet per year, the tenant will pay for all tenant implements and any broken commissions. the initial lease is ten years with two, five year options to extend. on may 7, 2013, the mta board approved the lease for 2 million in additional revenues for the first ten years, we request your approval and i am happy to answer any questions that you may have. thank you. >> okay. thank you very much. colleagues any questions for the mta? >> all right. see