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Articles Posted in Commercial Leasing

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Is there a Doctor in the Property?

We have represented both landlords and tenants with respect to commercial leases.  This post will examine the particulars to be considered when a doctor or medical practice is the tenant. When evaluating a potential location, the proposed tenant should first determine whether the space is compliant with the Americans with…

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Commercial Leases and the Pandemic – Who Pays?

As the COVID-19 pandemic fades, some legal cases that were temporarily postponed by the Courts, such as commercial evictions , are resuming and going forward in litigation.  A recent case in the news involved the popular family restaurant Applebee’s, and its location in the heart of New York City,  …

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The Masks are Off- Changes in Commercial Leases Remain

Our readers may be pleased to hear that mask mandates are falling like dominoes throughout the area served by our attorneys.  This newfound attitude heralds a time of optimism.  However, the scars created by the COVID era remain, particularly with respect to commercial leases.  This post will examine some typical…

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Changing Conditions in New York’s Commercial Leasing Landscape Require Flexible Strategies

We  note that recent news concerning New York’s commercial real estate landscape has been rapid and stunning.  Iconic businesses such as Sears, JC Penney, Modell’s and Brooks Brothers have filed for bankruptcy protection or closed retail stores, office spaces remain underutilized and the restaurant business is experiencing significant challenges.  Tenants…

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Post-Covid Re-Opening: Back in the Swing of Things

We hope that our readers have been fortunate enough to have stayed healthy during these trying times.  Finally, our home region has commenced the post-Covid re-opening process.  We are currently in Phase II.  Our attorneys hope that all business activities will return to “normal” as soon as possible, just as…

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Let’s Make a Deal: COVID’s Changes to New York’s Commercial Lease Landscape

Commercial leases in New York are not immune to the effects of COVID.  Enforced shutdowns of “non-essential” businesses by governmental authority has led to mass closure of many retail stores and restaurants and record-high unemployment rates.  Even restaurants limited to the restriction of takeout and delivery service are suffering severely…

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Gag(a)-Worthy Property Conditions = Rent Reduction?

News outlets have recently reported that Lady Gaga’s father is refusing to pay the rent due on the commercial restaurant space occupied by him in Grand Central Terminal.    Essentially, he has claimed that physical conditions interfere with the successful operation of his business.  These conditions allegedly include a growing…

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