As discussed in a previous blog post, the Supreme Court decided to review a case concerning “tester” standing (Acheson Hotels, LLC v. Laufer). This caused significant anticipation among those concerned with the enforcement of Title III of the Americans with Disabilities Act. However, the October 4th oral arguments raised doubts about whether we would receive […]
Read more...Is Signing a Commercial Lease Electronically Possible?
Is Electronic Signing of Commercial Leases Possible? In today’s commercial lease agreements, it’s quite common to find provisions that permit electronic signatures and the use of platforms like DocuSign. However, it’s essential to note that certain signatures, such as those on a Guaranty, may require notarization. In such cases, the notarized signature is usually provided […]
Read more...SNDA -Essential for NYC Commercial Tenants
Are you leasing commercial property in the heart of New York City? Chances are, your landlord has already or will soon approach you with something called a Subordination, Non-Disturbance, and Attornment Agreement, commonly known as an “SNDA.” While the name might sound complex, its role in shaping the dynamics between tenants, landlords, and lenders is […]
Read more...Does an ADA Tester have standing to sue?
Understanding ADA Tester Standing in Lawsuits The U.S. Supreme Court recently discussed a case related to the Americans with Disabilities Act (ADA). It was about whether a person who checks a business’s website for ADA compliance without planning to visit the business (“a tester”) can legally challenge it if it lacks required disability accessibility information. […]
Read more...Risks for Landlords of Cannabis Dispensaries
Understanding Risks for Landlords of Cannabis Dispensaries Landlords in New York City who knowingly rent commercial spaces to illicit marijuana dispensaries may now be subject to fines, with penalties reaching up to $10,000, following the recent approval of legislation by the City Council. The bill, championed by Lynn Schulman (D-Queens), marks a significant shift in […]
Read more...LLC Transparency Act
The New York State Senate and Assembly have given the green light to the LLC Transparency Act (referred to as the “LLC Act”), which, if Governor Kathy Hochul signs it into law, will bring changes to the New York Limited Liability Company Law. These changes will mandate the disclosure of the individuals who benefit from […]
Read more...Artificial Intelligence in Retail Stores: A Guide
Artificial Intelligence Transforming Retail Stores In the digital realm, online retailers can gather extensive data on every visitor to their virtual stores through artificial intelligence. In contrast, brick-and-mortar retailers have limited means to discern their customers’ preferences, often resulting in missteps. Let’s examine a prominent illustration of this phenomenon: Retailers frequently employ “buy-one-get-one-free” promotions to […]
Read more...Usable vs. Rentable Square Feet in Commercial Leases
Usable and Rentable square feet are terms commonly used in the real estate and commercial leasing industry to describe different office or retail space measurements. These terms help property owners, tenants, and landlords understand how the space is allocated and what they pay for. Here’s the difference between the two: How to measure Office and […]
Read more...Terminate NYC Office Lease Early: Your Guide
How to Terminate NYC Office Lease Early Terminating a NYC office lease early is very difficult. This is one reason that it is essential to consult an experienced NYC commercial lease attorney BEFORE signing a commercial lease. Landlords are in the business of making money through the rental of their buildings and property. As one […]
Read more...Vacant Office Space Threatens NYC Economy
New York City, a hub of commerce and innovation, has long been synonymous with bustling office spaces and iconic skyscrapers. However, the COVID-19 pandemic and the subsequent rise of remote work have significantly impacted the utilization of office spaces in the city. This blog post explores the evolving dynamics of vacant office space in the […]
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