PADMA NYC Rental Information


Rental Room & Rate

Studio (500 sq ft)                         
up to 10 ppl - $50/hr                              
10 - 20 ppl - $65/hr
20 - 40 ppl - $85/hr
Therapy Room (100 sq ft) - $25/hr
* * 60 minutes minimum rental

Registration Process & Rental Agreements

There is no registration process fee.
You will need to complete a registration form and be required to sign a waiver and release liability .  We can email you both/either forms upon request.

Making a Booking

To check availability, make or cancel a booking, please email : padmanycrental@gmail.com

Making a Payment

All payments must be received before use of any space unless prior arrangements have been made through PADMA NYC. All first time clients will need to reserve a room with a major credit card and pay before occupying the room. This credit card will then be kept on file for the Client. If the Client does not pay the rental fee before the specified start time, their credit card will be charged the appropriate rental fee.

Future booking can be paid by the method of, cash, cashier checks, money orders. 3% service charge is added to payments by bank card, credit card and PayPal. A client who has maintained an account for more than 90-days may pay by check. A returned check fee charge of $30 plus the rental amount will be assessed against the credit card on record and checks will no longer be acceptable as form of payment.

Any deposits or monthly rental fees must be paid by the date states on the invoice or the agreed upon date approved through PADMA NYC.

No booking is complete unless all deposit fees are received.

Deposits

A 50% of non-refundable deposit is required to reserve a room for two or more hours in a day or to book space outside of our normal business hours or more than two months in advance. Deposit are non-transferrable. Once a deposit has been paid for a rental on a particular date, the deposit can only be used for that particular rental and cannot be applied toward a different rental or date or use.

Cancellation Policy

Rental time of 1-3 hours requires no less than 48 hours notice for cancellation.

Rental time of 3.5-7.5 hours requires no less than 72 hours notice for cancellation.

Rental time of 8 or more hours in one booking requires no less than a 7 day notice for cancellation.

Established clients who hold space on a regular basis are required to cancel no less than 72 hours prior.

Any rental block more than 5 days with a block of 6-8 hours per day requires no less than a 2 week notice for cancellation.

All Lockouts or Invoices totalling $5000 or more must be paid 30 days prior and require a 30-day cancellation notice.

If the above timeline is not followed, PADMA NYC reserves the right not to return any deposit refunds or issue a credit. Client will be charged the full amount for the rental if the space is cancelled late. All cancellations must be completed by our Cancellation Confirmation Email. If the renter cancels but do not receive a Cancellation Confirmation Email, please contact PADMA NYC to receive proper credit if applicable. We encourage you to cancel by email so we will both have a written record of it.