According to a recent NY Post media article, retail leasing here in NYC may have reached a “turning point” since the start of the COVID-19 pandemic. The NY Post cites a recent report by CBRE, highlighting two critical metrics indicative of an improving retail leasing environment in New York City. The first is a 2.2% […]
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Payment of Real Estate Taxes Under NYC “Triple Net” Commercial Leases
One of the many reasons you should have an experienced NYC commercial lease attorney draft and review your commercial lease is that many leases reference New York State law or New York City Regulations. Experienced commercial lease attorneys will understand those references and know what they mean. The lease may reference a statute or regulation, […]
Read more...Can a Landlord Refuse Consent to Lease Assignment?
Many distressed business owners come to me and ask Can a Landlord Refuse Consent to Lease Assignment? A business owner’s lease can be one of its most valuable assets. When negotiating a new lease, many business owners do not consider how this will affect the eventual sale of their businesses. A […]
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